An Analysis of the Link between Ethanol, Energy, and Crop Markets

Date
2006-11-01
Authors
Tokgoz, Simla
Elobeid, Amani
Elobeid, Amani
Major Professor
Advisor
Committee Member
Journal Title
Journal ISSN
Volume Title
Publisher
Altmetrics
Authors
Elobeid, Amani
Person
Teaching Professor
Research Projects
Organizational Units
Journal Issue
Series
Department
Center for Agricultural and Rural Development
Abstract

This study analyzes the impact of price shocks in three input and output markets critical to ethanol: gasoline, corn, and sugar. We investigate the impact of these shocks on ethanol and related agricultural markets in the United States and Brazil. We find that the composition of a country's vehicle fleet determines the direction of the response of ethanol consumption to changes in the gasoline price. We also find that a change in feedstock costs affects the profitability of ethanol producers and the domestic ethanol price. In Brazil, where two commodities compete for sugarcane, changes in the sugar market affect the competing ethanol market.

Comments
Description
Keywords
Citation
DOI
Source
Collections