The Economic Impact of the Horse Industry in Virginia
This paper examines the economic impact of Virginia\'s horse industry using input-output analysis. Statewide impacts are further disaggregated into three categories: (1) expenditures on horse maintenance and support by horse owners and operations, (2) expenditures on horse shows and competitions, and (3) expenditures associated with pari-mutuel racing activities. Results indicate a total economic impact of 16,091 jobs and $670 million in value-added impact.
|Date of creation:||04 Apr 2011|
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- Terance J. Rephann & John Knapp & William Shobe, 2010. "Study of the Economic Impact of Virginia Public Higher Education," Reports 2010-01, Center for Economic and Policy Studies.
- Terance J. Rephann, 2008. "The Economic Impact of Agriculture and Forestry on the Commonwealth of Virginia," Reports 2008-01, Center for Economic and Policy Studies.
- Watson, Philip & Wilson, Joshua & Thilmany, Dawn D. & Winter, Susan, 2007. "Determining Economic Contributions and Impacts: What is the difference and why do we care?," Journal of Regional Analysis and Policy, Mid-Continent Regional Science Association, vol. 37(2).
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