An article by GianCarlo Moschini, professor of economics, and Hyunseok Kim, associate fellow at the Korea Development Institute, was published in the most recent issue of Land Economics. Moschini and Kim's article "The Dynamics of Supply: U.S. Corn and Soybeans in the Biofuel Era" estimates U.S. corn and soybean supply responses by exploiting the large exogenous price variations associated with implementation of the Renewable Fuel Standard.

The Dynamics of Supply: U.S. Corn and Soybeans in the Bioful Era
Hyunseok Kim and GianCarlo Moschini
Land Economics Vol. 94, issue 4. https://muse-jhu-edu.proxy.lib.iastate.edu/article/705249.