Input-output analysis of the Swedish and Norwegian horse sectors : modeling the socio-economic impacts of equine activities

Abstract

The economic impacts of equine activities in Norway and Sweden were analysed and differences between effects at national and regional levels were examined in detail. An input-output (IO) model was used to examine linkages and impacts. Unfortunately, horse-related information is currently either lacking or distributed across different sectors of the economy in national IO accounts. We therefore examined earlier attempts to separate a horse sector in IO models and devised a simple method for disaggregating such accounts based on different sources of data including surveys, interviews and disaggregated sector data. We developed IO coefficients for horse-related activities in Norway and Sweden and used these coefficients to derive multipliers showing the impacts on the economy of expanding different horse activities. We also examined the regional structure of the multipliers. For Sweden, we found the highest multipliers for riding schools (3.19) and breeders (2.90). The reason for the greater magnitude of these multipliers may be that such enterprises use most of their revenue for purchasing inputs and spend it in the supply chains, and hence do not make much profit. Activities needing to allocate some revenue to returns on capital and wages, e.g. boarding enterprises (2.86) and professional trainers (2.61), had somewhat lower multipliers.

Keywords

equine activities; input-output analysis; Norway; Sweden

Published in

EAAP Publication
2015, number: 136, pages: 33-44
Title: The new equine economy in the 21st century
Publisher: Wageningen Academic Publishers

SLU Authors

• Surry, Yves

  • Department of Economics, Swedish University of Agricultural Sciences
    

Global goals (SDG)

SDG8 Decent work and economic growth

UKÄ Subject classification

Economics

Publication identifier

• DOI: https://doi.org/10.3920/978-90-8686-824-7_2
• ISBN: 978-90-8686-279-5
• eISBN: 978-90-8686-824-7

Permanent link to this page (URI)

https://res.slu.se/id/publ/72422