Maximizing the Value of Thoroughbred Mares: A Hedonic Approach to Foal Value


This paper explores economic factors that contributed to per capita income in Utah counties during the 2000 census. The study utilizes a combination of neoclassical, urban and regional economic theories to establish income determinants at county levels. An ordinary least squares regression indicates that (1) average education has a significant positive impact on income, (2) distance from large city has a negative impact on income, and (3) capital levels have a positive impact on income, but are found to have the smallest impact on income. Labor factors are found to have weak relationships with income. Furthermore, the study finds that higher education has the greatest impact on income.

Extracted Key Phrases

10 Figures and Tables

Cite this paper

@inproceedings{ARTICLES2010MaximizingTV, title={Maximizing the Value of Thoroughbred Mares: A Hedonic Approach to Foal Value}, author={FEATURED ARTICLES and John Goddard and Doris Geide-Stevenson and Minh Chau Vu and Andrew Baggs and Vickie Moyes and Ezekiel R. Dumke and Quinn Bate and Kyle Fusselman and Aaron Roane and William B Zundel and Chelsie Buckner and Natalie N Heath and Mechelle Sargent and Satoko Yamamoto and Shanae Teuscher and Michael Olpin and Brandon Cassel and Michele D. Zwolinski and Craig J. Oberg and Karen E. Nelson and Karli E. Oberg and Christie N. Jensen and Adam M. Hutchinson and Trever L. Gray and Matthew J. Domek and Lucas K. Hall and RESEARCh REvIEwERS and Azenett A Garza and Christopher W. Hoagstrom and Colin Inglefield and David K. Wyant and Fran Butler and Judy Elsley and Kathy Culliton and Leah Murray and Therese Grijalva and Adam A. Rosenberg and Amber B. Hodges and Jillian Wallace and Lisa Shea Allred and Mark L. Westbroek and Monica Linford and Kirsty Winkler and Ryan Stoddard and John F. Cavitt and Amy Douangdara and Valerie Frokjer and colleGe liaiSonS and Telitha E. Lindquist and Christopher C. Bentley and FROm ThE EDITOR and Neil J. Armstrong}, year={2010} }