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Maize and Sugar Prices: The Effects on Ethanol Production


Marketed By :  LAP LAMBERT Academic Publishing   Sold By :  Kamal Books International  
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  • Product Description

The world is experiencing yet another energy- and fuel predicament as oil prices are escalating to new hights. Alternative fuels are being promoted globally as the increasing gasoline prices trigger inflation. Basic food commodities are some of the goods hit by this inflation. This book analyses whether the higher maize and sugar prices are having any effect on the expanding ethanol production. It focuses on the two major crop inputs in ethanol production: maize (in the US) and sugar cane (in Brazil). Econometric tests using cross-sectional data were carried through to find the elasticities of the variables. The crops prices were tested against ethanol output using the log-linear model in several regressions to find a relationship. In addition, the output levels of the crops were tested using the same method. It was found that maize prices and output affects ethanol production. Sugar cane prices do not have any significant impact on ethanol production while sugar cane output has a small, yet significant relationhip with ethanol. Consequently, ethanol''s rise in the fuel market could be a result of increased maize input, rather than sugar.

Product Specifications
SKU :COC69433
AuthorFederico Porrez Padilla
Number of Pages60
Publishing Year2011-02-09T00:00:00.000
Edition1 st
Book TypeEconomics
Country of ManufactureIndia
Product BrandLAP LAMBERT Academic Publishing
Product Packaging InfoBox
In The Box1 Piece
Product First Available On ClickOnCare.com2015-07-08 00:00:00