{"title":"Assessing Welfare and Growth Effects of Grain-based Fuel Ethanol Development in China: a General Equilibrium Framework","authors":"Jianping Ge, Yalin Lei","doi":"10.4156/JCIT.VOL5.ISSUE10.1","DOIUrl":null,"url":null,"abstract":"In this study, we use the computable general equilibrium (CGE) model to examine welfare and growth effects of expanding grain-based fuel ethanol production in China. The results show that reasonable development of grain-based fuel ethanol will accelerate China’s economy, improve rural household income, and narrow the gap between the rich and the poor. However, expanding the production of grain-based fuel ethanol will also stimulate consumer price index (CPI).","PeriodicalId":360193,"journal":{"name":"J. Convergence Inf. Technol.","volume":"23 1","pages":"0"},"PeriodicalIF":0.0000,"publicationDate":"2010-12-31","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"7","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"J. Convergence Inf. Technol.","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.4156/JCIT.VOL5.ISSUE10.1","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
引用次数: 7
Abstract
In this study, we use the computable general equilibrium (CGE) model to examine welfare and growth effects of expanding grain-based fuel ethanol production in China. The results show that reasonable development of grain-based fuel ethanol will accelerate China’s economy, improve rural household income, and narrow the gap between the rich and the poor. However, expanding the production of grain-based fuel ethanol will also stimulate consumer price index (CPI).
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