"Quantifying the Importance of the Industry ... - (ESC) at Rutgers
"Quantifying the Importance of the Industry ... - (ESC) at Rutgers
"Quantifying the Importance of the Industry ... - (ESC) at Rutgers
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World Trotting Conference, 2011<br />
Economic Impact Analysis<br />
• IMPLAN: A quantit<strong>at</strong>ive model <strong>of</strong> <strong>the</strong> New Jersey economy<br />
• Utilizes<br />
– Direct impact <strong>of</strong> equine industry expenditures<br />
• Feed, fencing, insurance, veterinary, etc.<br />
• Estim<strong>at</strong>es<br />
– Additional impacts <strong>of</strong> equine industry expenditures<br />
• Consumption spending <strong>of</strong> industry employees<br />
• Subsequent rounds <strong>of</strong> spending by both firms and individuals<br />
<strong>Rutgers</strong> Equine Science Center