| dc.contributor.author |
Vedenov, D |
en |
| dc.contributor.author |
Wetzstein, M |
en |
| dc.date.accessioned |
2014-06-06T06:48:13Z |
|
| dc.date.available |
2014-06-06T06:48:13Z |
|
| dc.date.issued |
2008 |
en |
| dc.identifier.issn |
01409883 |
en |
| dc.identifier.uri |
http://dx.doi.org/10.1016/j.eneco.2007.02.004 |
en |
| dc.identifier.uri |
http://62.217.125.90/xmlui/handle/123456789/4017 |
|
| dc.subject |
Economic development |
en |
| dc.subject |
Energy security |
en |
| dc.subject |
Environmental quality |
en |
| dc.subject |
Ethanol |
en |
| dc.subject |
Excise tax |
en |
| dc.subject |
Renewable fuels |
en |
| dc.subject |
Tax exemption |
en |
| dc.subject.other |
Environmental protection |
en |
| dc.subject.other |
Ethanol |
en |
| dc.subject.other |
Finance |
en |
| dc.subject.other |
Fuels |
en |
| dc.subject.other |
Gasoline |
en |
| dc.subject.other |
Liquid fuels |
en |
| dc.subject.other |
Petroleum products |
en |
| dc.subject.other |
Taxation |
en |
| dc.subject.other |
Economic developments |
en |
| dc.subject.other |
Environmental quality (EQ) |
en |
| dc.subject.other |
Ethanol gasoline blends |
en |
| dc.subject.other |
Excise tax |
en |
| dc.subject.other |
Federal excise tax |
en |
| dc.subject.other |
Fuel security |
en |
| dc.subject.other |
Price response |
en |
| dc.subject.other |
Ethanol fuels |
en |
| dc.subject.other |
commodity price |
en |
| dc.subject.other |
economic development |
en |
| dc.subject.other |
energy market |
en |
| dc.subject.other |
environmental quality |
en |
| dc.subject.other |
ethanol |
en |
| dc.subject.other |
fuel consumption |
en |
| dc.subject.other |
renewable resource |
en |
| dc.subject.other |
subsidy system |
en |
| dc.subject.other |
North America |
en |
| dc.subject.other |
United States |
en |
| dc.title |
Toward an optimal U.S. ethanol fuel subsidy |
en |
| heal.type |
journalArticle |
en |
| heal.identifier.primary |
10.1016/j.eneco.2007.02.004 |
en |
| heal.publicationDate |
2008 |
en |
| heal.abstract |
Enhanced environmental quality, fuel security, and economic development along with reduced prices of ethanol-gasoline blends are often used as justifications for the U.S. federal excise tax exemption on ethanol fuels. However, the possible effect of increased overall consumption of fuel in response to lower total price, mitigating the environmental and fuel security benefits, are generally not considered. Taking this price response into account, the optimal U.S. ethanol subsidy is derived. Estimated values of the optimal subsidy reveal that the subsidy's environmental and security benefits are questionable. However, positive environmental and security benefits from the ethanol tax-exemption subsidy may be obtained if the subsidy is combined with an increase in the excise tax on gasoline. © 2007 Elsevier B.V. All rights reserved. |
en |
| heal.journalName |
Energy Economics |
en |
| dc.identifier.issue |
5 |
en |
| dc.identifier.volume |
30 |
en |
| dc.identifier.doi |
10.1016/j.eneco.2007.02.004 |
en |
| dc.identifier.spage |
2073 |
en |
| dc.identifier.epage |
2090 |
en |