The Economic Impact of the Demand for Ethanol
Author: Michael K. Evans
Publisher: DIANE Publishing
Published: 1997
Total Pages: 50
ISBN-13: 0788171798
DOWNLOAD EBOOKEthanol production is the third-largest user of corn, behind only feed & export uses. Ethanol production uses approximately 7% of the nation's corn crop which increases farm income & generates economic activity nationwide. This report is the first comprehensive analysis of the macroeconomic impacts of ethanol production. The conclusions in this report verify the cost-effectiveness of the federal ethanol program. In short, the partial excise tax exemption provided for ethanol blends is a non-inflationary incentive that creates jobs, stimulates tremendous economic activity, & reduces our trade imbalance.