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An Analysis Of The Economic Efficiency Of Thoroughbred Breeder/Owner Incentive Policies

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  • Neibergs, J. Shannon
  • Thalheimer, Richard

Abstract

Thoroughbred incentive programs are subsidy policies designed to promote regional race horse breeding and ownership. At issue, is an ongoing debate concerning the effectiveness of alternative policies. Empirical results indicate the programs have a positive economic affect, but gains in efficiency can be obtained by reallocating funds to open purses.

Suggested Citation

  • Neibergs, J. Shannon & Thalheimer, Richard, 1998. "An Analysis Of The Economic Efficiency Of Thoroughbred Breeder/Owner Incentive Policies," 1998 Annual meeting, August 2-5, Salt Lake City, UT 20915, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    • Handle: RePEc:ags:aaea98:20915
    DOI: 10.22004/ag.econ.20915
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    References listed on IDEAS

    as
    1. Neibergs, J. Shannon & Thalheimer, Richard, 1997. "Price Expectations And Supply Response In The Thoroughbred Yearling Market," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 29(2), pages 1-17, December.
    2. Julian M. Alston & Colin A. Carter & Vincent H. Smith, 1993. "Rationalizing Agricultural Export Subsidies," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 75(4), pages 1000-1009.
    3. repec:cup:jagaec:v:29:y:1997:i:02:p:419-435_00 is not listed on IDEAS
    4. C. Richard Shumway & Edward G. Smith & James W. Richardson, 1995. "Impact of Target Prices and Payment Limits on the Supply Function," Review of Agricultural Economics, Agricultural and Applied Economics Association, vol. 17(2), pages 185-191.
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