U.S. Ethanol Demand and World Hunger: Is There Any Connection Report as inadecuate

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U.S. ethanol expansion objectives are to improve both energy security and the environmental. However, this expansion has raised issues concerning its detrimental impacts on the price volatility of developing countries’ agricultural commodities. These concerns are addressed by empirically investigating the relations among U.S. ethanol and corn markets with developing countries’ corn prices. Results indicate that U.S. ethanol demand impacts on developing countries’ corn prices vary by country. Further, results reveal that the transmission effects of U.S. ethanol shocks are systematically stronger for countries with higher food import dependency and U.S. food aid.

Keywords: Ethanol ; Food security ; Panel structural vector autoregression ; World hunger ; Food aid

Subject(s): Agribusiness

Agricultural and Food Policy

Demand and Price Analysis

Food Security and Poverty

International Relations/Trade

Resource /Energy Economics and Policy

Issue Date: 2015

Publication Type: Conference Paper/ Presentation

PURL Identifier: http://purl.umn.edu/205580

Total Pages: 31

Record appears in: Agricultural and Applied Economics Association (AAEA) > 2015 AAEA & WAEA Joint Annual Meeting, July 26-28, San Francisco, California

Author: Hao, Na ; Colson, Greg ; Wetzstein, Michael

Source: http://ageconsearch.umn.edu/record/205580?ln=en

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