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Economic Impacts of Ethanol Production in Georgia

Archie Flanders, 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

Abstract: 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)
Pages: 15
Date: 2007
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Persistent link: https://EconPapers.repec.org/RePEc:ags:saeasm:34820

DOI: 10.22004/ag.econ.34820

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