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An Analysis Of Government Policy Impacts In The Ethanol And Sugar Markets, Hassan Marzoughi_Ardakani
An Analysis Of Government Policy Impacts In The Ethanol And Sugar Markets, Hassan Marzoughi_Ardakani
LSU Doctoral Dissertations
ABSTRACT This study determines the impact of U.S. government policies on U.S. ethanol market and its consequences for the U.S. corn, sugar, and HFCS markets. Using corn as the primary input in ethanol and HFCS production in the United States, along with the substitutability between sugar and HFCS, has linked the U.S. ethanol market to the U.S. HFCS, sugar, and corn markets. To address the problem, two sets of data, quarterly and annual data, were collected and a simultaneous econometric model was constructed. Estimated results show that the “2007 Energy Independence and Security Act” will increase the domestic corn price …