Data/hora: 02/06/2024 17:36:00

Provedor de dados: | 31
País: | United States
Título: | A Welfare Analysis of the U.S. Ethanol Subsidy
Autores: | Du,   Xiaodong; Hayes,   Dermot J.; Baker,   Mindy L.
Data: | 2008-11-04
Ano: | 2008
Palavras-chave: | Consumer surplus; Deadweight loss; Ethanol; Subsidy; Substitution.; Resource /Energy Economics and Policy.
Resumo: | Based on a transparent analytical model of multiple markets including corn, ethanol, gasoline, and transportation fuel, this study estimates the welfare changes for consumers and producers resulting from ethanol production and related support polices in 2007. The welfare estimation takes into account the second-best gain from eliminating loan deficiency payments. The results suggest the total social cost is about $0.78 billion for given market parameters. We validate the model’s underlying assumption and test for the results’ sensitivity to assumed parameters.
Tipo: | Working or Discussion Paper
Idioma: | Inglês
Identificador: | http://purl.umn.edu/44538

Relação:

Iowa State University&gt;Center for Agricultural and Rural Development&gt;CARD Working Paper Series

CARD Working Paper

08-WP 480 (Revised)

Formato: | 18