The Economic Impact of the Horse Industry in Virginia
Terance Rephann ()
No 2011-02, Reports from Center for Economic and Policy Studies
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.
Keywords: horse; racing; economic impact; input-output (search for similar items in EconPapers)
JEL-codes: Q19 R00 (search for similar items in EconPapers)
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