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reduce the price elasticity of demand for corn and gasoline and therefore increase the price variability when supply shocks … impact of biofuel policy on commodity price variability is poorly understood. A good understanding of biofuel policy's impact … on price variability is important for mitigating food insecurity and assisting policy formation. We examine how U …
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This paper investigates the impact of ethanol blending mandates on retail fuel prices in the United States. It uses the modifications of three microeconomics models - partial equilibrium theoretical model by de Gorter and Just, partial equilibrium simulation model of Drabik et al. and Wu and...
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Price Fixing Act on gasoline and diesel price levels. Using the synthetic control method, we construct a counterfactual and … Price Fixing Act came into effect, gasoline prices are 23.4% lower than the synthetic control predicts. The effect on diesel … price regulations. Consumers demand stricter fuel price regulations to provide transparency about the current price level …
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