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U.S. Ethanol Mandate Is a Hidden Subsidy to Corn Producers

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  • Vorotnikova, Ekaterina
  • Seale, James L

Abstract

Using welfare economics, this study formally shows that the RFS Ethanol mandate is a hidden subsidy to the corn producers. This link is necessary in order to properly assess the effects of the mandate on other industries. The study shows that the mandate increases world prices for corn and is trade altering.

Suggested Citation

  • Vorotnikova, Ekaterina & Seale, James L, 2014. "U.S. Ethanol Mandate Is a Hidden Subsidy to Corn Producers," 2014 Annual Meeting, February 1-4, 2014, Dallas, Texas 162551, Southern Agricultural Economics Association.
    • Handle: RePEc:ags:saea14:162551
    DOI: 10.22004/ag.econ.162551
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    References listed on IDEAS

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