MIT/UC Davis professors challenge claims that ethanol production decreased gasoline prices in 2010 and 2011
Green Car Congress
JULY 17, 2012
Knittel/Smith results for implied gasoline price effects from elimination of ethanol for 2010 using Du/Hayes model and pooled-sample estimates. Source: Knittel and Smith (2012). Again, using the same empirical models in Du and Hayes (2011) and Du and Hayes (2012), we show that ethanol production “causes” our children to age.
Let's personalize your content