The lack of growth in the Brazilian sugarcane-ethanol complex since the 2008 financial crisis has been blamed on policies: lower mandate, holding gasoline prices below world levels, high fuel taxes, and inadequate fuel tax exemptions for ethanol. This paper develops an empirical model of the Brazilian fuel-ethanol-sugar complex to analyze the impacts of these policies. Unlike biofuel mandates and tax exemptions elsewhere, Brazil's fuel-ethanol-sugar...
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ПОДРОБНАЯ ИНФОРМАЦИЯ
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2013/06/01
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Рабочий документ в рамках исследования вопросов политики
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WPS6524
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1
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1
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2013/06/01
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Disclosed
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An economic model of Brazil's ethanol-sugar markets and impacts of fuel policies
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anhydrous ethanol