The Economics of Biofuel Policies: The Theory of Corn-Ethanol and Ethanol-Gasoline Price Links

Harry Gorter, Dusan Drabik and David Just

Chapter Chapter 2 in The Economics of Biofuel Policies, 2015, pp 23-45 from Palgrave Macmillan

Abstract: Abstract Wright (2011,32) argues that: Recent price spikes are not as unusual as many discussions imply. Further, the balance between consumption, available supply, and stocks seems to be as relevant for our understanding of these markets as it was decades ago …the tools at hand are capable of explaining the main forces at work.

Keywords: Ethanol Production; Gasoline Price; Excess Profit; Zero Profit; Biofuel Policy (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:pal:psachp:978-1-137-41485-4_3

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DOI: 10.1057/9781137414854_3

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