Economic Impact of the Demand for Ethanol

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Our Price: $20.00

Year: 1997
Pages: 49
Binding Paperback

Product Code: 0788171798

Description

Michael K. Evans. Ethanol production is the third-largest user of corn, behind only feed & export uses. Ethanol production uses approximately 7% of the nation’s corn crop which increases farm income & generates economic activity nationwide. This report is the first comprehensive analysis of the macroeconomic impacts of ethanol production. The conclusions in this report verify the cost-effectiveness of the federal ethanol program. In short, the partial excise tax exemption provided for ethanol blends is a non-inflationary incentive that creates jobs, stimulates tremendous economic activity, & reduces our trade imbalance.

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