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and gasoline. We first present an analytical and graphical framework to identify the effect and then use stochastic â€¦ reduce the price elasticity of demand for corn and gasoline and therefore increase the price variability when supply shocks â€¦
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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 â€¦ Price Fixing Act came into effect, gasoline prices are 23.4% lower than the synthetic control predicts. The effect on diesel â€¦ effective in terms of gasoline prices but may need further refinements to effectively tackle diesel prices as well. â€¦
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