U.S. Ethanol Mandate Is a Hidden Subsidy to Corn Producers

Ekaterina Vorotnikova and James Seale ()

No 162551, 2014 Annual Meeting, February 1-4, 2014, Dallas, Texas from Southern Agricultural Economics Association

Abstract: Using welfare economics, this study formally shows that the RFS Ethanol mandate is a hidden subsidy to the corn producers. This link is necessary in order to properly assess the effects of the mandate on other industries. The study shows that the mandate increases world prices for corn and is trade altering.

Keywords: Agricultural and Food Policy; Production Economics (search for similar items in EconPapers)
Pages: 13
Date: 2014-02
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Persistent link: https://EconPapers.repec.org/RePEc:ags:saea14:162551

DOI: 10.22004/ag.econ.162551

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