@article{Katchova:114769,
      recid = {114769},
      author = {Katchova, Ani L.},
      title = {Are Local Corn Prices Affected by the Location of Ethanol  Biorefineries?},
      address = {2011-09-02},
      number = {726-2016-50058},
      pages = {14},
      month = {Sep},
      year = {2011},
      abstract = {This study examines whether the local competition for corn  to produce ethanol has lead to
significantly higher prices  for farmers located close to ethanol biorefineries. If any,  such
price premiums for spatial closeness would be in  addition to the general level of corn price
changes  experienced by farmers throughout the U.S. The  difference-in-differences
estimation method is used to  account for both time and spatial differences in order  to
measure the interaction of time and spatial effects.  Using the USDA’s ARMS data, the
results show that while  prices in real terms have changed over time, farmers  located close to
ethanol biorefineries have not received  significantly higher prices than farmers living  farther
away from biorefineries. These findings indicate  that there is a lack of evidence for price
premiums due to  spatial closeness to ethanol plants.},
      url = {http://ageconsearch.umn.edu/record/114769},
      doi = {https://doi.org/10.22004/ag.econ.114769},
}