Corn Ethanol and U.S. Biofuel Policy 10 Years Later: A Quantitative Assessment

Gal Hochman and David Zilberman

American Journal of Agricultural Economics, 2018, vol. 100, issue 2, 570-584

Abstract: We conduct meta-analyses of the estimated impacts of corn ethanol on food and fuel prices, as well as greenhouse gases, and analyze the implications for the balance of trade. The meta-analyses suggest that corn ethanol has minor effects on greenhouse gas emissions and significant yet moderate effects on food and fuel prices. However, corn ethanol has a relatively significant impact on fuel security in terms of reductions in the import of oil to the U.S. and its overall effect on the U.S. balance of trade.

Keywords: Biofuels; corn ethanol; energy policy; economic and environmental impacts; meta-analysis (search for similar items in EconPapers)
Date: 2018
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Citations: View citations in EconPapers (18)

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