AN ANALYSIS OF THE ECONOMIC EFFICIENCY OF THOROUGHBRED BREEDER/OWNER INCENTIVE POLICIES

J. Shannon Neibergs and Richard Thalheimer

No 20915, 1998 Annual meeting, August 2-5, Salt Lake City, UT from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

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.

Keywords: Livestock; Production/Industries (search for similar items in EconPapers)
Pages: 17
Date: 1998
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea98:20915

DOI: 10.22004/ag.econ.20915

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