期刊名称：Journal of Agricultural and Resource Economics
印刷版ISSN：1068-5502
出版年度：2019
卷号：44
期号：3
页码：474-496
出版社：WAEA
摘要：We assess the welfare implications of a revenue-neutral tax in the presence of two Renewable FuelStandard (RFS) policies for cellulosic biofuels: the waiver credit and the input-ratio requirement.We extend the model of revenue-neutral taxation to allow for the taxation of a dirty input inan imperfectly competitive market while integrating RFS-specific policies. Simulations fromWashington and Oregon indicate that a revenue-neutral tax raises welfare by 19%–21% but growthin cellulosic ethanol production is minimal, ranging from 0.6% to 1.5%. Pollution taxes, cellulosicethanol production, and welfare are more responsive to the waiver credit than to the input-ratiorequirement.
