Impact of Changes in Energy Input Prices on Ethanol Importation and Prices

This study examines the link between ethanol markets in the United States and Brazil. Vector autoregression is used to explore the relationship between ethanol prices in the United States and Brazil and the primary feed stocks used in production for January 2005 through February 2011. Vector autoregression is also used to explore the relationship between the two ethanol markets and the Brazilian real/United States dollar exchange rate. Causality tests, impulse responses, and forecast error decomposition are used to determine the economic implications. Results indicate the markets are not as closely linked as many have hypothesized.


Editor(s):
Epperson, James
Escalante, Cesar
Issue Date:
2011-2011-2011
Publication Type:
Journal Article
ISSN:
0738-8950
Language:
English
Published in:
Journal of Agribusiness, Volume 29, Number 2




 Record created 2017-07-18, last modified 2017-08-29

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