000179098 001__ 179098
000179098 005__ 20180122233552.0
000179098 037__ $$a1434-2016-118822
000179098 041__ $$aen_US
000179098 245__ $$aThe Cost to Mexico of U.S. Corn Ethanol Expansion
000179098 260__ $$c2012-05
000179098 269__ $$a2012-05
000179098 336__ $$aWorking or Discussion Paper
000179098 490__ $$aGDAE Working Papers Series
000179098 490__ $$a12-02
000179098 520__ $$aMore than 40% of U.S. corn is now consumed in the production of ethanol. With the United States by far the world’s largest producer and exporter of corn, this represents an estimated 15% of global corn production. A recent survey by the National Academy of Sciences estimated that globally biofuels expansion accounted for 20-40% of the price increases seen in 2007-8, when prices of many food crops doubled. This had a dramatic impact on poor consumers and on net-food-importing developing countries. Expanding U.S. production and consumption of corn-based ethanol, which has been encouraged by a range of U.S. government subsidies and incentives, is considered one of the most important biofuel programs in putting upward pressure on food prices. Mexico now imports about one-third of its corn from the United States. Using conservative estimates from a study on U.S. ethanol expansion and corn prices, we estimate the direct impacts of U.S. ethanol expansion on Mexican corn import costs. We find that from 2006-2011, U.S. ethanol expansion cost Mexico about $1.5 billion due to ethanol-related corn price increases. Other methodologies suggest the costs could be more than twice as high, surpassing $3 billion over the period.
000179098 542__ $$fLicense granted by Mukhtar Amin (gdae@tufts.edu) on 2014-07-17T16:30:48Z (GMT):

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000179098 650__ $$aAgricultural and Food Policy
000179098 650__ $$aEnvironmental Economics and Policy
000179098 650__ $$aFood Security and Poverty
000179098 6531_ $$aCorn
000179098 6531_ $$aEthanol
000179098 6531_ $$aBiofuels
000179098 700__ $$aWise, Timothy A.
000179098 8564_ $$s139067$$uhttp://ageconsearch.umn.edu/record/179098/files/12-01WiseBiofuels.pdf
000179098 887__ $$ahttp://purl.umn.edu/179098
000179098 909CO $$ooai:ageconsearch.umn.edu:179098$$pGLOBAL_SET
000179098 912__ $$nSubmitted by Mukhtar Amin (gdae@tufts.edu) on 2014-07-17T16:32:58Z
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  Previous issue date: 2012-05
000179098 982__ $$gTufts University>Global Development and Environment Institute>Working Papers
000179098 980__ $$a1434