Technology adoption under US biofuel policies: do producers, consumers or taxpayers benefit?
研究了美国生物燃料政策如何影响农业和生物燃料市场中技术采纳的受益者，发现政策背景和市场环境决定了生产者、消费者和纳税人谁获益。
The beneficiaries of technology adoption in agriculture and biofuel markets in the United States are heavily influenced by biofuel policies and market context. Biofuel mandates, one of the key pillars of domestic biofuel policies, may significantly alter the elasticity of demand for biofuels as well as the derived demand for maize used to produce a significant share of ethanol in the United States. Using a stochastic agriculture and biofuel model, it is determined that market context relative to biofuel policy is critically important in understanding the winners and losers from technology adoption. The results for both feedstock and biofuel producers as well as the US tax payers are used to discuss implications for the analysis of EU biofuel policies.