Corn Ethanol and US Biofuel Policy Ten Years Later: A Systematic Review and Meta-analysis

We use data and estimates on biofuel impacts reported in the literature to assess some of the controversy surrounding the introduction of biofuels by conducting meta-analyses on the impacts of corn ethanol on food and fuel prices, greenhouse gases, employment, rural income, balance of trade, the United States government budget, and learning-by-doing. The meta-analyses suggest that corn ethanol has had a relatively significant impact on the income of agricultural and related agribusiness industries, employment in farm states, fuel security in terms of reducing the import of oil from abroad, and the overall balance of trade. These effects are likely the main drivers behind biofuel policies.


Issue Date:
May 18 2016
Publication Type:
Conference Paper/ Presentation
PURL Identifier:
http://purl.umn.edu/235467
Total Pages:
48
JEL Codes:
Q4




 Record created 2017-04-01, last modified 2017-08-22

Fulltext:
Download fulltext
PDF

Rate this document:

Rate this document:
1
2
3
 
(Not yet reviewed)