hundred percent of ethanol. This paper investigates how motorists arbitrage between hydrous ethanol and gasoline using … demands for hydrous ethanol and gasoline. I estimate using nonlinear seemingly unrelated regressions the demands for hydrous … ethanol and gasoline in Brazil, and motorists preferences for hydrous ethanol. I nd that on average, accounting for the …

Consumption of high-ethanol gasoline blends must increase if United States renewable biofuel mandates are to rise above … current levels as envisioned by the Renewable Fuel Standard. One such blend is E85 which contains no more than 85% ethanol and … no less than 15% gasoline. We derive the demand for E85 based on a model of motorists' preferences for motor fuel blends …

In Brazil, gasoline and ethanol coexist as automotive fuels and are becoming closer substitutes as flex cars become …