The Growing Contribution of the Tennessee Alcohol Products Distilling Industry to the Tennessee Economy

David Hughes

No 337450, Extension Reports from University of Tennessee, Department of Agricultural and Resource Economics

Abstract: Estimates regarding the growth, structure (such as location) and contribution of Tennessee distilleries (alcoholic spirts producers) to the Tennessee economy are provided in this report. Covered in the analysis are the industry’s size and growth with respect to other states and national trends and its location in Tennessee. The contribution of the industry in terms of tax revenues, tourism and foreign trade are discussed. Also discussed is the use of a distillery producer survey and an IMPLAN-based (IMPLAN Group LLC, 2015) input-output model of the 2019 Tennessee economy in arriving at model estimates. Estimation results with respect to the total (direct and multiplier-based) impact of the industry are then provided, followed by summary and conclusions.

Keywords: Agribusiness; Community/Rural/Urban Development (search for similar items in EconPapers)
Pages: 26
Date: 2023-06-26
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Persistent link: https://EconPapers.repec.org/RePEc:ags:utaeer:337450

DOI: 10.22004/ag.econ.337450

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