Potential Effect of Ethanol on the U.S. Economy: A General Equilibrium Approach

Charles B. Moss, Troy Schmitz

Research output: Chapter in Book/Report/Conference proceedingChapter

Abstract

Several studies have analyzed the effect of bioenergy tax credits on agriculture and energy markets using a partial equilibrium framework. Most of these studies focus on a detailed description of the effects of bioenergy in specific commodity markets such as corn. An alternative approach used here is to analyze the effect of these policies on the economy using a general equilibrium model that directly accounts for feedback effects in the economy. These feedback effects reduce the production possibilities in the overall economy.

Original languageEnglish (US)
Title of host publicationThe Economics of Alternative Energy Sources and Globalization
PublisherBentham Science Publishers Ltd.
Pages35-48
Number of pages14
ISBN (Print)9781608056149
DOIs
StatePublished - Dec 1 2011

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ASJC Scopus subject areas

  • Social Sciences(all)

Cite this

Moss, C. B., & Schmitz, T. (2011). Potential Effect of Ethanol on the U.S. Economy: A General Equilibrium Approach. In The Economics of Alternative Energy Sources and Globalization (pp. 35-48). Bentham Science Publishers Ltd.. https://doi.org/10.2174/978160805233211101010035