@article{Tokgoz:9795,
      recid = {9795},
      author = {Tokgoz, Simla and Elobeid, Amani E.},
      title = {Understanding the Underlying Fundamentals of Ethanol  Markets: Linkages between Energy and Agriculture},
      address = {2007},
      number = {381-2016-22229},
      series = {AAEA Selected Paper 172779},
      pages = {53},
      year = {2007},
      abstract = {This study analyzes the impact of price shocks in three  input and output markets critical to ethanol: gasoline,  corn, and sugar. We investigate the impact of these shocks  on ethanol and related agricultural markets in the United  States and Brazil. We find that the composition of a  country's vehicle fleet determines the direction of the  response of ethanol consumption to changes in the gasoline  price. We also find that a change in feedstock costs  affects the profitability of ethanol producers and the  domestic ethanol price. In Brazil, where two commodities  compete for sugarcane, changes in the sugar market affect  the competing ethanol market.},
      url = {http://ageconsearch.umn.edu/record/9795},
      doi = {https://doi.org/10.22004/ag.econ.9795},
}