Use of eCommons for rapid dissemination of COVID-19 research
In order to maximize the discoverability of COVID-19 research, and to conform with repository best practices and the requirements of publishers and research funders, we provide special guidance for COVID-19 submissions.
The social cost and benefits of US biofuel policies
|dc.contributor.author||de Gorter, Harry|
|dc.contributor.author||Just, David R.|
|dc.description.abstract||This paper provides important insights into the social costs and benefits of key policy instruments. One key insight is how a change in the price of ethanol affects the corn price Because the corn market is now directly linked to the ethanol price, which is directly linked to gasoline prices, any change in oil prices that affects gasoline prices is now directly transmitted to the price of corn for a given level of the tax credit. On the other hand, once a consumption mandate is in place, any changes in oil prices will not directly affect the corn price (only indirectly affecting costs of production). Hence, a mandate will not transmit instability from the oil market to the corn market unlike a tax credit.|
|dc.rights||Attribution-NonCommercial-NoDerivatives 4.0 International||*|
|dc.title||The social cost and benefits of US biofuel policies|