Gateway to Think Tanks
来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w21968 |
来源ID | Working Paper 21968 |
Who Did the Ethanol Tax Credit Benefit? An Event Analysis of Subsidy Incidence | |
David A. Bielen; Richard G. Newell; William A. Pizer | |
发表日期 | 2016-02-08 |
出版年 | 2016 |
语种 | 英语 |
摘要 | Using commodity futures contract and spot prices, we estimate the incidence of the US ethanol subsidy accruing to corn farmers, ethanol producers, gasoline blenders, and gasoline consumers at expiration in 2011. We find compelling evidence that ethanol producers captured two-thirds of the subsidy, and suggestive evidence that a small portion of this benefit accrued to corn farmers. The remaining one-third appears to have been captured by blenders, as we find no evidence that oil refiners or gasoline consumers captured any part of the subsidy. This paper contributes to understanding of biofuels markets and policy and empirical estimation of economic incidence. |
主题 | Public Economics ; Taxation ; Environmental and Resource Economics ; Agriculture ; Energy |
URL | https://www.nber.org/papers/w21968 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/579641 |
推荐引用方式 GB/T 7714 | David A. Bielen,Richard G. Newell,William A. Pizer. Who Did the Ethanol Tax Credit Benefit? An Event Analysis of Subsidy Incidence. 2016. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w21968.pdf(525KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
除非特别说明,本系统中所有内容都受版权保护,并保留所有权利。