- Why is this study being done?
- How will the results of the study be used?
- Why Southeastern Pennsylvania and not the whole state?
- How will my responses be protected?
- I am an individual horse owner and not a business, why should I participate?
- I am not a member of the Chester-Delaware County Farm Bureau, what is in this for me?
- Who is conducting the study?
- What is an economic impact and how is it estimated?
The purpose of this study is to provide an objective estimate of what the equine industry adds to the economy of the nine-county Southeastern Pennsylvania region. The economic impact will be estimated on the basis of spending by industry participants and will be expressed in terms of output, final demand, employment, household income, and tax revenue. The study will also provide a current census of equine population in the region. The last study of this type was conducted in 2003 and examined the equine industry on a statewide basis. Our intent is to update the analysis and focus on the Southeastern Pennsylvania region.
The results of this project will be used to inform and educate officials, legislators at the local and state levels, industry stakeholders, and the broad community about the importance of equine to the region.
The equine industry is an important component of the Commonwealth’s agriculture sector. According to the most recent Census of Agriculture the nine counties that make up the Southeaster Region account for about a third of Pennsylvania’s equine population. Further agriculture in this region is threatened by increasing urban sprawl. The equine industry plays a major role in protecting and preserving agricultural and open space.
You are asked not to identify yourself or your business other than by location (i.e. Township, Municipality, and County). No individual information or data will be published, rather all data will be aggregated for use in estimating economic impact.
The equine industry has many components and individual owners and an important segment. Your spending for goods and services for your equine represent the purchase of output of other industry sectors. It is these dollars that circulate throughout the entire regional economy and creates demand, generates income, and supports jobs.
As a result of concerns over the loss of open space to development and related issues affecting the equine in the region the Chester-Delaware County Farm Bureau has taken the leadership role sponsoring this study. By breaking out equine-related expenditures by County we will endeavor to estimate the economic contribution of equine to the entire region but by individual county as well. These results will be made available to other County Farm Bureaus and other interested organizations for use in their local communities.
This study will be conducted by the Agribusiness and Equine Science and Management Departments of Delaware Valley University in Doylestown, PA. As part of its academic curriculum DelVal has a substantial equestrian and Standardbred breeding program. DelVal’s economists have extensive experience analyzing the economic impact or contribution of various industries, including agriculture, at the national, state and regional level.
The economic impact or contribution an industry provides is typically measured in terms of final demand, household income, and employment. Essentially the dollars spent by industry participants (such as individual horse owners, boarders, riding schools, etc.) represent the purchase of output of other industries. Each of these dollars circulates throughout the regional economy generating additional economic activity, income and supporting jobs in all other sectors of the economy. The impact of these expenditures will be estimated by using an economic impact multiplier model for the region that captures and quantifies these interactions.