Co-movements and causalities between ethanol production and corn prices in the USA: New evidence from wavelet transform analysis
Yazarlar (4)
Faik Bilgili Erciyes Üniversitesi, Türkiye
Emrah Koçak Erciyes Üniversitesi, Türkiye
Sevda Kuşkaya Erciyes Üniversitesi, Türkiye
Prof. Dr. Ümit BULUT Kırşehir Ahi Evran Üniversitesi, Türkiye
Makale Türü Özgün Makale (SSCI, AHCI, SCI, SCI-Exp dergilerinde yayınlanan tam makale)
Dergi Adı Energy (Q1)
Dergi ISSN 0360-5442 Wos Dergi Scopus Dergi
Dergi Tarandığı Indeksler SCI-Expanded
Makale Dili Türkçe Basım Tarihi 08-2022
Kabul Tarihi 12-04-2026 Yayınlanma Tarihi
Cilt / Sayı / Sayfa 259 / 1 / 1–30 DOI 10.1016/j.energy.2022.124874
Makale Linki http://dx.doi.org/10.1016/j.energy.2022.124874
Özet
The literature has been increasingly examining the existence of possible compatibility or conflict hypotheses between biofuels and food security in recent years. While current research outputs do not provide a consensus, the new evidence can guide sustainable development policies. In this context, this paper investigates the co-movements between fuel ethanol production and corn prices for the US employing oil production, population, and real exchange rate control variables via the Morlet wavelet analysis from 1990:m1 to 2021:m4. The results of the analysis provide empirical evidence for the dynamics of the relationship between ethanol production and corn prices in the short and long term. However, the striking output of this paper is that increases in corn prices have followed increases in fuel ethanol production in the US markets since 2010. Especially in the long-term (from 2010:m3 to 2019:m12), the increase …
Anahtar Kelimeler
Biofuels | Compatibility | Conflict | Corn prices | Ethanol | Food security | Wavelet transform
Science Direct
BM Sürdürülebilir Kalkınma Amaçları
Atıf Sayıları
Google Scholar 15
Scopus 7
Web of Science 8
Co-movements and causalities between ethanol production and corn prices in the USA: New evidence from wavelet transform analysis

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