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political economy of domestic corn ethanol production

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Date Issued:
2008
Summary:
Since its inception, the domestic corn ethanol industry in the United States has been dependant on federal subsidies and trade restrictions to keep afloat. Although this political support has allowed the industry to grow, there have been a number of negative externalities as a result, namely the growing demand for corn causing significant increases in the prices of many consumer goods. Despite the fact that consumers are facing rising prices in agricultural and energy markets, ethanol still maintains a level of support around the general American populace that is counterintuitive given its economic reality. In this paper, I contend that much of ethanol's support is maintained through the intentional manipulation of the product's public perception on behalf of politicians and industrial superpowers. I will demonstrate this phenomenon through the use of both Stigler's (1971) and Pelzman's (1976) model of iso-majority.
Title: The political economy of domestic corn ethanol production.
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Name(s): Fow, Samantha Joule.
Harriet L. Wilkes Honors College
Type of Resource: text
Genre: Thesis
Issuance: multipart monograph
Date Issued: 2008
Publisher: Florida Atlantic University
Physical Form: electronic
electronic resource
Extent: vi, 53 leaves : ill.
Language(s): English
Summary: Since its inception, the domestic corn ethanol industry in the United States has been dependant on federal subsidies and trade restrictions to keep afloat. Although this political support has allowed the industry to grow, there have been a number of negative externalities as a result, namely the growing demand for corn causing significant increases in the prices of many consumer goods. Despite the fact that consumers are facing rising prices in agricultural and energy markets, ethanol still maintains a level of support around the general American populace that is counterintuitive given its economic reality. In this paper, I contend that much of ethanol's support is maintained through the intentional manipulation of the product's public perception on behalf of politicians and industrial superpowers. I will demonstrate this phenomenon through the use of both Stigler's (1971) and Pelzman's (1976) model of iso-majority.
Identifier: 298966518 (oclc), 77666 (digitool), FADT77666 (IID), fau:1486 (fedora)
Note(s): by Samantha Joule Fow.
Thesis (B.A.)--Florida Atlantic University, Honors College, 2008.
Bibliography: leaves 50-53.
Electronic reproduction. Boca Raton, FL : 2008 Mode of access: World Wide Web.
Subject(s): Corn products industry -- By-products -- Economic aspects
Bioenergetics -- United States
Alcohol as fuel -- Environmental aspects
Petroleum industry and trade -- Political aspects
Held by: FBoU FAUER
Persistent Link to This Record: http://purl.flvc.org/FAU/77666
Use and Reproduction: Copyright © is held by the author, with permission granted to Florida Atlantic University to digitize, archive and distribute this item for non-profit research and educational purposes. Any reuse of this item in excess of fair use or other copyright exemptions requires permission of the copyright holder.
Host Institution: FAU

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