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growth on corn acreage. Connecting annual changes in county-level corn acreage to changes in ethanol plant capacities, we …U.S. ethanol production capacity increased more than threefold between 2002 and 2008. We study the effect of this … find a positive effect on planted corn. The building of a typical plant is estimated to increase corn in the county by over …
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It is commonly believed that the response of the price of corn ethanol (and hence of the price of corn) to shifts in … at longer horizons. Finally, we present evidence against a tight link from ethanol price expectations to corn price … estimate the market's expectations of the prices of ethanol, unfinished motor gasoline and crude oil at horizons from three …
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This paper examines volatility transmission in oil, ethanol and corn prices in the United States between 1997 and 2011 … these markets. The estimation results indicate a higher interaction between ethanol and corn markets in recent years … volatility spillovers from corn to ethanol prices but not the converse. We also do not find major cross-volatility effects from …
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identifes the main directions of the corn-ethanol focused biofuels literature through the analysis of predominant clusters. The …This paper summarizes the main findings of the results in the literature on the role of ethanol in reducing retail …
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