A Welfare Analysis of the U.S. Ethanol Subsidy

Xiaodong Du, Dermot Hayes and Mindy L. Baker
Authors registered in the RePEc Author Service: Mindy Lyn Mallory ()

ISU General Staff Papers from Iowa State University, Department of Economics

Abstract: 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.

Date: 2009-01-01
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
https://dr.lib.iastate.edu/server/api/core/bitstre ... 7aa9b686ceef/content
Our link check indicates that this URL is bad, the error code is: 403 Forbidden

Related works:
Working Paper: A Welfare Analysis of the U.S. Ethanol Subsidy (2010)
Journal Article: A Welfare Analysis of the U.S. Ethanol Subsidy (2009)
Journal Article: A Welfare Analysis of the U.S. Ethanol Subsidy (2009)
Working Paper: Welfare Analysis of the U.S. Ethanol Subsidy, A (2008)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:isu:genstf:200901010800001501

Access Statistics for this paper

More papers in ISU General Staff Papers from Iowa State University, Department of Economics Iowa State University, Dept. of Economics, 260 Heady Hall, Ames, IA 50011-1070. Contact information at EDIRC.
Bibliographic data for series maintained by Curtis Balmer ().