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Social and Behavioral Sciences Commons

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Economics

CBER Research Report

2015

Economic impact

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Full-Text Articles in Social and Behavioral Sciences

A Measure Of The Economic Impact Of Keeneland Racing And Sales On Lexington-Fayette County, Christopher R. Bollinger Apr 2015

A Measure Of The Economic Impact Of Keeneland Racing And Sales On Lexington-Fayette County, Christopher R. Bollinger

CBER Research Report

Keeneland is an important Lexington Institution. This report shows that Keeneland draws individuals into Fayette County who spend money not only at Keeneland but in the city itself. We measure the economic impact of this spending on the local economy. For our initial study, we considered spending by patrons at the 2014 Fall Meet, the September Yearling Sale and the November Breeding Stock Sale. Based upon these findings, we were also able to assess the impact of the Spring Race Meeting, January Horses of All Ages Sale and the April Two-Year-Olds in Training Sale.