Identifying Supply and Demand Elasticities of Agricultural Commodities: Implications for the US Ethanol Mandate
---- Acknowledgements ----
We would like to thank Jim Hamilton, Randall Walsh, and seminar participants at Berkeley, Cornell, Iowa State University, NBER Agricultural Economics Conference, Stanford, University of British Columbia, University of Calgary, and the University of Maryland for useful comments. All remaining errors are ours. Financial support from Department of Energy Grant DE-FG02-08ER64640 is thankfully acknowledged. The views expressed herein are those of the authors and do not necessarily reflect the views of the National Bureau of Economic Research.