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[英文文献] Does the US have Market Power in Importing Ethanol from Brazil? [推广有奖]

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数理方程714 发表于 2006-4-1 20:43:09 |AI写论文

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英文文献:Does the US have Market Power in Importing Ethanol from Brazil?
英文文献作者:Dhoubhadel, Sunil,Azzam, Azzeddine M.,Stockton, Matthew
英文文献摘要:
Increasing requirements in the US to blend higher volumes of advanced biofuels with gasoline has increased the importance of imports of sugarcane-based ethanol from Brazil. Using the residual supply approach we test for oligopsony power of US importers in importing ethanol from Brazil. The residual supply elasticity is found to be highly elastic and positive indicating a small degree of market power. The result implies that the US importers are operating as oligopsony with respect to ethanol imports from Brazil and further restricting ethanol imports would reduce welfare of US importers.
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