Stephen J. Vogel, Kenneth Hanson, J. Michael Price, and Gerald Schluter
USDA Economic Research Service
In this paper, we assess the economywide impacts of adopting the Renewable Fuels Standard by using land-constrained and land-unconstrained scenarios to establish lower and upper bounds. Adopting the RFS would stimulate between $3.4 billion and $6.9 billion in new output and generate 12,600 to 31,400 jobs.
Key words: RFS, FAPSIM, input-output, economywide impacts.