Economic Impacts of Ethanol Production in Georgia
Audrey S. Luke-Morgan,
George A. Shumaker and
John C. McKissick
No 34820, 2007 Annual Meeting, February 4-7, 2007, Mobile, Alabama from Southern Agricultural Economics Association
Capital costs to construct a conventional ethanol plant producing 100 million gallons per year are $170.593 million. Average annual net returns average $59.216 million with a 1% chance of annual net returns less than $0. Ethanol production stimulates total economic output of $314.221 million in the Georgia economy. Wages and benefits total $20.181 million for 408 jobs in Georgia. State and local governments derive a total of $4.572 million in tax revenues from ethanol production.
Keywords: Resource; /Energy; Economics; and; Policy (search for similar items in EconPapers)
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