The Impact of Ethanol Production on the U.S. Gasoline Market

Hassan Marzoughi and P. Lynn Kennedy

No 119752, 2012 Annual Meeting, February 4-7, 2012, Birmingham, Alabama from Southern Agricultural Economics Association

Abstract: This paper uses a simultaneous equation system to determine the impact of ethanol fuel production on the U.S. motor gasoline market, especially gasoline prices. Based on estimation results, every billion gallon increase in ethanol production decreases gasoline prices by as much as 6 cents.

Keywords: Agricultural; and; Food; Policy (search for similar items in EconPapers)
Pages: 18
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:ags:saea12:119752

DOI: 10.22004/ag.econ.119752

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