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Ethanol: Economic and Policy Tradeoffs

Author

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  • LeBlanc, Michael
  • Reilly, John

Abstract

Federally supported ethanol use is one alternative for meeting environmental, energy security, and agricultural objectives. Additional expansion of the industry depends on a continuation of current favorable conditions, including extension of the Federal gasoline tax exemption. Under current conditions, ethanol should be able to compete with other additives as an octane enhancer. Expansion of the ethanol industry would increase ethanol's contribution to improving energy security, reducing air quality problems associated with carbon monoxide, and increasing corn prices. The report provides a basis for assessing the tradeoffs in using ethanol to meet national objectives.

Suggested Citation

  • LeBlanc, Michael & Reilly, John, 1988. "Ethanol: Economic and Policy Tradeoffs," Agricultural Economic Reports 308040, United States Department of Agriculture, Economic Research Service.
  • Handle: RePEc:ags:uerser:308040
    DOI: 10.22004/ag.econ.308040
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    References listed on IDEAS

    as
    1. Gavett, Earle E. & Grinnell, Gerald E. & Smith, Nancy L., 1986. "Fuel Ethanol and Agriculture: An Economic Assessment," Agricultural Economic Reports 308014, United States Department of Agriculture, Economic Research Service.
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    Cited by:

    1. Kane, Sally M. & Reilly, John M., 1989. "Economics of Ethanol Production in the United States," Agricultural Economic Reports 308070, United States Department of Agriculture, Economic Research Service.
    2. Paul Gallagher & Guenter Schamel & Hosein Shapouri & Heather Brubaker, 2006. "The international competitiveness of the U.S. corn-ethanol industry: A comparison with sugar-ethanol processing in Brazil," Agribusiness, John Wiley & Sons, Ltd., vol. 22(1), pages 109-134.
    3. C. Matthew Rendleman & Neil Hohmann, 1993. "The impact of production innovations in the fuel ethanol industry," Agribusiness, John Wiley & Sons, Ltd., vol. 9(3), pages 217-231.
    4. Ferris, John N., 1991. "Possible Impacts Of 1990 Ethanol Legislation On Agriculture," 1991 Annual Meeting, August 4-7, Manhattan, Kansas 271211, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    5. Crooks, Anthony C., 1997. "Cooperatives and New Uses for Agricultural Products: An Assessment of the Fuel Ethanol Industry," Research Reports 279994, United States Department of Agriculture, Rural Development.
    6. Reilly, J. M. & Kane, S. M., 1988. "Production Costs And Technological Change: A Case Study," 1988 Annual Meeting, August 1-3, Knoxville, Tennessee 270334, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    7. Kane, S.M. & Reilly, J.M., 1989. "Competitiveness of the U.S. fuel ethanol industry," Energy, Elsevier, vol. 14(5), pages 259-275.
    8. Alston, Julian M. & Beach, E. Douglas, 1996. "Market distortions and the benefits from research into new uses for agricultural commodities: Ethanol from corn," Resource and Energy Economics, Elsevier, vol. 18(1), pages 1-29, March.

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