Ethanol Policy, Commodity Revenue, and Import Quantity Demand: The United States and Brazil

Abstract

Brazil and the United States have been major players in the ethanol industry for over a decade. Both countries have a strong policy backing to push the production and use of the renewable fuel while other parts of the world seem to fall short in comparison. These two nations can be used to determine how an ethanol policy affects ethanol producing commodities as well as the factors that drive import quantity demanded based on export statistics.