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The Economic Impact of Ethanol Production in Iowa

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  • Swenson, David A.

Abstract

Iowa is the center of an ethanol production boom in the Midwest. The overall impact of that expansion is substantial and quite discernible, especially among the many communities in which plants are locating. In the year 2000, about 180 million bushels of Iowa corn were processed into ethanol. By 2005 that amount had grown to more than 400 bushels million bushels – an expansion of 122 percent. Iowa’s processing capacity is now closing in on 800 million bushels of Iowa corn into ethanol. The industry is growing very rapidly. This report documents the job economic impact of ethanol industrial production for 2007.

Suggested Citation

  • Swenson, David A., 2008. "The Economic Impact of Ethanol Production in Iowa," Staff General Research Papers Archive 12865, Iowa State University, Department of Economics.
    • Handle: RePEc:isu:genres:12865
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    File URL: http://www2.econ.iastate.edu/papers/p11222-2008-01-01.pdf
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    Cited by:

    1. Low, Sarah A. & Isserman, Andrew M., 2008. "Ethanol: Implications for Rural Communities," 2008 Annual Meeting, July 27-29, 2008, Orlando, Florida 6157, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    2. Sarah A. Low & Andrew M. Isserman, 2009. "Ethanol and the Local Economy," Economic Development Quarterly, , vol. 23(1), pages 71-88, February.
    3. Jason Henderson, 2009. "The impact of the ethanol boom on rural America," Regional Economic Development, Federal Reserve Bank of St. Louis, issue Apr, pages 65-73.

    More about this item

    JEL classification:

    • H00 - Public Economics - - General - - - General

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