Data/hora: 09/06/2024 07:32:09

Provedor de dados: 	Research in Agricultural & Applied Economics (AgEcon Searh)	
País: 	United States	
Título: 	AN ECONOMIC ANALYSIS OF THE EFFECTIVENESS OF THOROUGHBRED BREEDER/OWNER INCENTIVE POLICIES	
Autores: 	Neibergs,   J. Shannon; Thalheimer,   Richard.	
Data: 	2003-02-13	
Ano: 	1999	
Palavras-chave: 	Incentive programs; Parimutual horse racing; Subsidy; Tax; Thoroughbred; Agricultural and Food Policy.	
Resumo: 	Thoroughbred incentive programs are subsidy policies funded from state parimutuel tax revenue designed to promote regional race horse breeding and ownership.  At issue is an ongoing debate concerning the effectiveness of alternative policies.  Empirical results indicate that incentive programs have a positive economic effect, but gains to Thoroughbred breeders can be obtained by reallocating tax revenue to non-restricted purses.  A policy allocating tax revenue ton non-restricted purses shifts yearling demand and increases prices, while breeder subsidies shift only the supply function and therefore lower prices.  Consequently, breeder revenues increase in response to a policy that favors non-restricted purses over subsidies.	
Tipo: 	Journal Article	
Idioma: 	Inglês	
Identificador: 	7174

http://purl.umn.edu/15157	
Editor: 	AgEcon Search	
Relação: 	Journal of Agricultural and Applied Economics&gt;Volume 31, Number 03, December 1999	
Formato: 	12

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