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Provedor de dados:  AgEcon
País:  United States
Título:  Contributions of U.S. Crop Subsidies to Biofuel and Related Markets
Autores:  Devadoss, Stephen
Bayham, Jude
Data:  2011-02-21
Ano:  2010
Palavras-chave:  Biofuel
Environmental impacts
Farm supports
Welfare analysis
Agribusiness
Agricultural and Food Policy
Agricultural Finance
Community/Rural/Urban Development
Crop Production/Industries
Environmental Economics and Policy
Farm Management
Financial Economics
Land Economics/Use
Research and Development/Tech Change/Emerging Technologies
Resource /Energy Economics and Policy
Q18
Q27
Resumo:  The U.S. crop subsidies provide incentives for farmers to expand feedstock production, which benefits the biofuel producers by lowering input costs. This study develops a general equilibrium model to analyze the effects of a reduction in the U.S. crop subsidy on biofuel industries and social welfare. The impacts of feedstock policies on the biofuel market are marginal. In contrast, the biofuel mandate has a larger impact and counteracts the effects of the crop subsidy reduction. The mandate increases the demand for feedstock and causes not only grain ethanol, but also cellulosic ethanol production to rise. The mandate exacerbates the distortion, and government spending increases significantly, leading to greater welfare loss.
Tipo:  Journal Article
Idioma:  Inglês
Identificador:  http://purl.umn.edu/100525
Relação:  Journal of Agricultural and Applied Economics>Volume 42, Number 04, November 2010
Formato:  14
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