The aerobic oxidation of aqueous ethanol to produce acetic acid and ethyl acetate was studied using heterogeneous gold catalysts. Comparing the performance of Au/MgAl2O4 and Au/TiO2 showed that these two catalysts exhibited similar performance in the reaction. By proper selection of the reaction conditions, yields of 90-95% of acetic acid could be achieved at moderate temperatures and pressures. Based on our findings, a reaction pathway for the catalytic oxidation of ethanol via acetaldehyde to acetic acid is proposed, and the rate-determining step (RDS) in the mechanism is found to be the (possibly oxygen-assisted) dehydrogenation of ethanol to produce acetaldehyde. It also is concluded that most of the CO2 formed as a byproduct in the reaction results from the absorbed intermediate in the dehydrogenation of ethanol to produce acetaldehyde. By varying the amount of water in the reaction mixture, the possibilities for producing ethyl acetate by the aerobic oxidation of ethanol is also studied. At low ethanol concentrations, the main product is acetic acid; at concentrations >60 wt%, it is ethyl acetate. (C) 2007 Elsevier Inc. All rights reserved.