Economics at your fingertips  


Alina Taran (), Marilena Mironiuc and Maria Huian ()
Additional contact information
Alina Taran: Alexandru Ioan Cuza University of Ia?i, Faculty of Economics and Business Administration, Carol I Boulevard, No 22, Iasi, Romania

Review of Economic and Business Studies, 2016, issue 18, 159-182

Abstract: The current real average selling price of a thoroughbred broodmare is nearly half its peak value in 2000. While annual price changes are influenced by economic performance, different prices at an auction are influenced by physical and genetic characteristics of broodmares. We use auction data from the 2013 November Keeneland Breeding Stock Sales to estimate a hedonic pricing model. We find prices are positively influenced by earnings of the covering sire, earnings of the broodmare, pedigree, and the racing performance of broodmare progeny. Conversely, the age of a broodmare and the day on which the horse sold have dampening effects on broodmare prices.

Keywords: Economic growth; foreign direct investments; Economic freedom; IFRS adoption (search for similar items in EconPapers)
JEL-codes: D46 L11 Q13 (search for similar items in EconPapers)
Date: 2016
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed

Downloads: (external link) (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link:

Access Statistics for this article

More articles in Review of Economic and Business Studies from Alexandru Ioan Cuza University, Faculty of Economics and Business Administration Contact information at EDIRC.
Bibliographic data for series maintained by Sireteanu Napoleon-Alexandru ().

Page updated 2019-07-22
Handle: RePEc:aic:revebs:y:2016:j:18:tarana