The economics of horses encompasses the financial and economic aspects related to the breeding, care, training, and utilization of horses. This field examines the economic impact of the equine industry, including the costs associated with horse ownership, the economic contributions of equine-related activities, and the market dynamics of horse sales and services. Topics within this area include the analysis of supply and demand in the horse market, the economic value of horse breeds, and the financial implications of equine health and welfare management. This page assembles peer-reviewed research studies and scholarly articles that investigate the economic factors influencing the equine industry, including cost-benefit analyses, market trends, and the socio-economic contributions of horses to local and global economies.
Johnson JE, Bruce AC.The aim of the research reported in this paper was to explore empirically whether levels of participation in horserace betting are affected by the complexity of the betting task. The study employed a systematic random sample of 1161 betting decisions made in UK offcourse betting offices during 1987. The research was conducted in a naturalistic setting where it was possible to grade complexity and to measure levels of participation. Complexity was defined in terms of both the number of alternatives in the decision-maker's choice set (number of horses in a race) and the complexity of the attribu...
Kaneene JB, Saffell M, Fedewa DJ, Gallagher K, Chaddock HM.The Michigan equine monitoring system (MEMS) was designed and implemented in the State of Michigan, starting in 1991. The program was designed systematically to track the State's equine population, its health, and its economic implications to the equine industry. The MEMS was designed as a two-phase program. Phase I (the population and economic survey; the subject of this paper) was designed to provide new and statistically valid information describing the size, composition, location and economic characteristics of the Michigan equine industry. A standardized questionnaire was used to collect ...
Wilde H, Thipkong P, Sitprija V, Chaiyabutr N.Active immunization against infectious disease is important. However, much of our world faces poverty, social injustice, and warfare, all of which cause universal immunization to remain a distant dream. Agents that provide passive immunity thus remain essential biologicals. The most important of these are human or equine antisera against rabies, tetanus, diphtheria, and snake antivenins. Homologous products are either unavailable or unaffordable in places where they are needed the most. Less expensive heterologous (equine) antisera can be purified and are safe to use, but these antisera are al...
Atwill ER, Mohammed HO.To determine whether horses in New York should be vaccinated against equine monocytic ehrlichiosis (EME). Methods: Decision-tree analyses of data from a cross-sectional study and a case-control study. Methods: Horses in New York. Methods: Annual expected monetary loss per horse attributable to EME was calculated for vaccinated and nonvaccinated horses in New York. Because risk of being seropositive was dependent on county in which the horse was located, farm elevation, and use of each horse, decision-tree analyses were stratified by these factors. Results: Annual expected monetary loss per hor...
Tantawichien T, Benjavongkulchai M, Wilde H, Jaijaroensup W, Siakasem A, Chareonwai S, Yountong C, Sitprija V.The high cost of postexposure prophylaxis for rabies is one reason that treatment is inadequate in developing countries. This problem has kindled interest in the use of equine rabies immune globulin, which is a less expensive, yet effective, substitute for human rabies immune globulin. Fatal anaphylaxis is a feared complication of the administration of heterologous serum; therefore, authoritative sources recommend prior skin testing. However, recommendations for methods of administering such a skin test and for its interpretation vary greatly. We embarked on a long-term study to develop guidel...
Ramaswamy NS.In fifty developing countries, which contain half of the total human population of the world, there is a heavy dependence on draught animals as an energy source. These animals are used for agriculture operations in 52% of cultivated areas of the world, as well as for hauling 25 million carts. This situation is likely to continue for at least another fifty years. The work performed annually by these draught animals would require 20 million tons of petroleum, valued at US$6 billion, if it were performed by motorized vehicles. The poor working conditions of these animals often adversely affect th...
Lun ZR, Fang Y, Wang CJ, Brun R.Trypanosomiasis caused by Trypanosoma evansi (surra) is a problem of great economic importance in livestock in China because it affects important working animals: buffaloes in the south and east, and horses and cattle in the north and west. In addition, buffaloes are an important source of meat and leather for the Chinese population. In the north and west, T. evansi is found mainly in camels, whereas in the east, the south and the southwest, it is primarily buffaloes, cattle and horses that are affected by this parasitic flagellate. Although trypanosomiasis is one of the most important parasit...
Schwink KL.Uveitis (inflammation of the iris, ciliary body, or choroid) is a potentially blinding condition with a significant economic impact on the horse industry. Variable symptoms are described, as well as a considerable range of structural and functional sequelae. Known causes of initial episodes include bacterial, viral, traumatic, and parasitic insults, with recurrence by immunologic mechanisms. Treatment strategies and management recommendations that may reduce the incidence or severity of episodes are discussed.
Björnstig U, Eriksson A, Ornehult L.Injuries caused by animals and treated at the University Hospital of Umeå were analysed. Dogs caused nearly one-half of the injuries, while horses caused one-third of the injuries and the highest number of fractures. The 'cost' of treatment and sickness benefit was fairly evenly distributed between horse-, cattle-, and dog-related injuries. The average 'cost' per injured person was, however, highest in those injured in cattle accidents and moose-car collisions. The impact of animal-related injuries on the health care and social security systems was similar to occupational accidents and car ac...
Pool RR, Meagher DM.Many lesions of the musculoskeletal system of racing horses are either acute traumatic lesions or are chronic biomechanically induced lesions that become suddenly unstable and provoke acute clinical signs. The latter lesions along with those of DJD are much more common and are of much greater overall economic importance to the racing industry than are the acute traumatic injuries. Chronic biomechanical lesions occur at predictable sites and are the result of an imbalance between repetitive microtrauma sustained in athletic performance and adaptive repair mechanisms of skeletal tissues. The dis...
de Loës M.A prospective study of acute injuries from sports and physical exercise was carried out during 1 year in a total population of a municipality with 31,620 inhabitants. The medical treatment and the services required for the injuries have been calculated and related to the total consumption of medical care in the municipality. A total of 571 injuries (17% of all injuries) occurred in 28 different sports: 65% of the injured were males. Sports injuries accounted for 3% of all acute visits and there were altogether 1,083 outpatient visits, which yields a mean of 1.9 visits per injury. Related to th...
Evermann JF.Retroviral infections of livestock have become of increasing importance due to their usefulness as comparative models for human retroviral infections and their effects upon animal health and marketability of animals and animal products nationally and internationally. This paper presents a perspective on the retroviruses of economic concern in veterinary medicine with emphasis on the importance of understanding the modes of virus transmission and the species specificity of the viruses. The retroviruses reviewed include the oncovirus, bovine leukosis virus, and the lentiviruses, equine infectiou...
Adeyefa CA.The clinicopathological features and treatment of cases of dermatomycotic infections in horses are reported. Organisms isolated from these cases include Trichophyton mentagrophyte, T. equinum and Micosporum equinum. The Veterinary, medical and economic importance of the disease is discussed.
Toro M, León E, López R, Pallota F, Garcia JA, Ruíz A.Assays dealing with the therapeutic and prophylactic activity of isometamidium on experimental infections by Trypanosoma vivax and T. evansi were carried out. The drug was found to be highly effective against T. vivax infection in sheep and cattle in which periods of protection ranging from 118 to 195 days were achieved. No complete effects against infection by T. evansi were observed. The drug was well tolerated in sheep and cattle while side-effects were noted in treated mares. It was concluded that isometamidium could be used to prevent damage and economical losses caused by T. vivax in Ven...
Gabal MA, Hassan FK, Siad AA, Karim KA.A detailed clinical and mycological study of horse infections with Histoplasma farciminosum was conducted for the first time in the Middle East. The disease seems to prevail in endemic form in the region. In all of the cases studied the infection involved only the cutaneous lymphatics and skin tissue with extension to the regional draining lymph glands. The disease seems to impose serious economic impact in the infected areas. Full description and thorough characterization of both the mycelial form and the yeast phase of the causative fungus were made.
Ríha J, Minár J, Králík O, Krupa V.The adverse effect of blood-sucking dipterous insects (gadflies, gnats, black flies, midges) was determined and checked, as exerted on the working performance of draft horses working in forests; the possibilities of protecting horses with repellents were studied at the same time. The trial was conducted under field conditions in the territory of the Broumov Forest Establishment in the Náchod and Trutnov districts. A 10% water emulsion of the repellent, diethyltoluamide, was used; the horses were treated with the emulsion in a 24-hour interval. Over the seventy working days from the 1st of Jul...
Suleman O.Researchers conducted a survey study of 59,598 households in 3 major socioeconomic groups (urban slums, rural agricultural areas, and rural cattle and horse raising areas) in the Punjab province of Pakistan to estimate mortality from neonatal tetanus and to develop a strategy for its control. The investigators learned of 13,831 live births. 724 of these died in the 1st month of life with 432 (60%) dying from neonatal tetanus. Village untrained "dai" or trained midwives delivered all infants in all 3 areas. Often these deliverers placed cow dung on the stump of the severed umbilical cord and us...
Trommershausen-Smith A.Dead or deformed foals produced by purebred parents represent an economic and emotional loss to the horse breeder. To avoid repeating production of such defective foals, the breeder may seek assistance in identifying the possible environmental or genetic causes for such animals. Only a few genetic diseases of the horse have been rigorously defined. Selected rare genetic diseases that prevent reproduction, cause the natural death or necessitate the humane destruction of a foal before it fulfills its intended purpose serve as examples for the definition of genetics of other deleterious diseases ...
Wingfield Digby NJ, Simons MA, Stockman MJ.Various type of insurance policies covering the risks against mortality, economic slaughter and loss of use, breeding failures and payment of veterinary fees are discussed. The role of the veterinary surgeon in supplying certificates of health and in relation to claims, including those involving destruction on humane grounds, are considered.
Henderson WM.An attempt is made to review the validity of the claim that more equine research is required with the conclusion that the problems in the equine field that would respond to research must be listed and each assigned a degree of priority according to suggested criteria. Future action will then depend upon identifying or stimulating scientific initiative and seeking the required financial support noting that self help from the equine industry has not been adequately utilised.
van Niekerk HP, Couvaras S.The possibility of including sodium hydroxide-treated lucerne hay as a constituent in rations for horses was investigated by measuring its effect on the performance and certain bloodcomponents of growing foals. As no adverse effects were found it is concluded that further investigation is necessary to see whether the inclusion of low grade-treated roughages in the ration of horses would be of economic significance.
Wilson RT.Equines have been largely ignored in modern scientific literature on domestic animals, probably because they are not providers of meat and milk. Their contribution to the economy in the Sudan, however, is considerable and they are the principal means of transport both as baggage and as riding animals. They also play an important role in the supply of fuel and the distribution of domestic water in the larger villages and towns. Information on population structure is provided and descriptions, with particular reference to withers height and weight, are given of two types of donkey and of the hor...
Swanson TD.Ethics is a valuable standard for the structure of equine practice. It relies on sound moral character, beginning with the leaders in the practice. The leadership in each practice regularly needs to review its role in promoting ethical standards. This is not new information but deserves to be revisited with emphasis at this particular time in our society. Nothing less than commitment to grass root stability offers any hope to reverse those actions.
Wingfield Digby NJ, Simons MA, Stockman MJ.Various type of insurance policies covering the risks against mortality, economic slaughter and loss of use, breeding failures and payment of veterinary fees are discussed. The role of the veterinary surgeon in supplying certificates of health and in relation to claims, including those involving destruction on humane grounds, are considered.
Correia L, Martins G, Lilenbaum W.Leptospirosis is a relevant zoonosis that affects the reproductive performance of livestock, impairing the economy. Few studies have demonstrated the effects of vaccination against leptospirosis on naturally exposed horses. This study aimed to detect anti-Leptospira inhibitory antibodies in horses after vaccination. A total of 54 mares were studied using Growth Inhibition Test (GIT) in three moments. The present results demonstrate the usefulness of GIT for confirming inhibitory effects of specific antibody production. Results have also demonstrated that vaccination positively influenced on th...
Orsini JA, Wrigley J, Riley P.Home care for horses with chronic laminitis has been discussed rarely in the veterinary literature even though, at any given time, most of us have at least 1 chronic laminitis case in our care that is being managed at home by the owner. Almost all of our knowledge on this aspect of laminitis treatment has been gleaned through experience, by individually working through the medical, ethical, financial, and emotional challenges these cases can present. Much has already been presented on the medical management of the laminitic horse and on strategies for trimming and shoeing the laminitic foot. T...
Kim L, Morley PS, McCluskey BJ, Mumford EL, Swenson SL, Salman MD.To report clinical and serologic findings in horses with oral vesicular lesions that were consistent with vesicular stomatitis (VS) but apparently were not associated with VS virus (VSV) infection. Methods: Serial case study. Methods: 8 horses. Methods: Horses were quarantined after appearance of oral lesions typical of VS. Severity of clinical signs was scored every 2 to 5 days for 3 months. Serum samples were tested for antibodies by use of competitive ELISA (cELISA), capture ELISA for IgM, serum neutralization, and complement fixation (CF). Virus isolation was attempted from swab specimens ...
Jackman BR, McCafferty OE.This article discusses mergers and acquisitions involving equine veterinary practices. Combining practices can be professionally and economically advantageous but requires a great deal of thought, planning, and implementation. If due diligence is performed and true business teamwork is undertaken, the benefits can be enormous and rewarding.
Heinke ML, Sabo C.This article examines gender shifts in equine veterinary practice. A significant gender compensation gap continues across the spectrum of professions, including veterinary medicine. Many styles of practice serve the disparate and sometimes conflicting goals of financial well-being, patient care, and physical family presence.
Myers J.At the outbreak of equine influenza (EI) we chose to close our horse-based business, as we did not want to risk our horses contracting the disease and the demand for our services ceased. We report our experiences of the outbreak.
de Seve CW, Griffin SL.In recent years, the Bureau of Land Management's (BLM) Wild Horse and Burro Management program costs have increased dramatically due to a rise in the number of animals removed from public lands coupled with significantly decreased adoption rates. To assist with development and implementation of effective, cost-containing management programs, a robust economic model to project the costs and optimize outcomes of various management scenarios was created. For example, preliminary demonstration model runs show that by gradually replacing "removal-only" programs with contraception-and-removal progra...
Poncet PA, Ionita JC, Doherr MG, Steiger A.The socio-economic structure of the breeding farms of Franches-Montagnes horses (FM) in Switzerland is evaluated on the basis of an investigation carried out in 2002 by the Swiss FM breeding federation. Questionnaires were sent to 3500 of its members and the results include data from 968 breeding enterprises, housing a total of 3965 FM. The quality of the husbandry of FM varies according to factors such as the altitude and the geographical situation of the farms and studs. Socio-economic parameters, such as the role of FM in the business, their use (breeding, driving, riding) and the age and l...
Hannah HW.This research study discusses the effectiveness of liens for veterinary services, exploring different court cases that define and interpret possessory and non-possessory liens in veterinary contexts. The article highlights the […]
Haynes KF, McLaughlin J, Stamper S, Rucker C, Webster FX, Czokajlo D, Kirsch P.The discovery that the eastern tent caterpillar Malacosoma americanum (F.) causes mare reproductive loss syndrome (MRLS), and thus has the potential to continue to result in major economic losses to the equine industry of Kentucky, has resulted in an intensive effort to identify practical means to monitor and control this defoliator, including these experiments to optimize a sex pheromone trap for this pest. A pheromone-baited delta trap with a large opening, such as InterceptST Delta, was more effective than other tested traps. Orange delta traps caught more moths than other tested colors. ET...
Kareche H, Daly JM, Laabassi F.Equine influenza (EI) is one of the most contagious respiratory infections in horses, donkeys and mules, caused by equine influenza A virus (EIV). It remains a disease with a strong economic stake for the equine industry. This review focuses on the epidemiological situation of EIV in the Maghreb area, which includes Algeria, Morocco and Tunisia. There is serological evidence for extensive circulation of EIV in the Maghreb area since the early 1970s, but reports of detailed investigation of outbreaks are scarce with no documented isolation or molecular characterization of EIV from Tunisia. Isol...
Sullivan EK, Parente EJ.Pharyngeal disorders are complex and difficult to treat. Disorders that lead to anatomic derangement, such as trauma and neoplasia, can significantly affect the function of this organ. Pharyngeal dysfunction can manifest as dysphagia, persistent palatal displacement, or exercise intolerance. Secondary complications are serious and life threatening and include aspiration pneumonia, weight loss, and death. Pharyngeal disorders that are only recognizable during strenuous exercise are difficult to diagnose and are treated with limited success, even though they are responsible for significant econo...
Baus MR, Magnus RP.Purchasing new or used capital assets involves both emotional and financial components in the decision making process. In addition, there are intangible factors such as client perceptions and expectations that fit into the equation. Identify the facts from a business perspective and then define whether this investment (expense) is good for the practice and fits with the short- and long-term growth strategies. Ask the tough questions, analyze the numbers, understand the clients’ needs, and tie this together with the practice brand and strategic objectives. The informed and prepared buyer is u...
Ríha J, Minár J, Králík O, Krupa V.The adverse effect of blood-sucking dipterous insects (gadflies, gnats, black flies, midges) was determined and checked, as exerted on the working performance of draft horses working in forests; the possibilities of protecting horses with repellents were studied at the same time. The trial was conducted under field conditions in the territory of the Broumov Forest Establishment in the Náchod and Trutnov districts. A 10% water emulsion of the repellent, diethyltoluamide, was used; the horses were treated with the emulsion in a 24-hour interval. Over the seventy working days from the 1st of Jul...
van Niekerk HP, Couvaras S.The possibility of including sodium hydroxide-treated lucerne hay as a constituent in rations for horses was investigated by measuring its effect on the performance and certain bloodcomponents of growing foals. As no adverse effects were found it is concluded that further investigation is necessary to see whether the inclusion of low grade-treated roughages in the ration of horses would be of economic significance.
Tumblin DL.There are several options to value a veterinary practice (market approach, asset approach, and income approach) and several methods within these approaches. Examples of an income-based approach include excess earnings, discounted future returns, and single period capitalization of earnings. A qualified valuator will use his or her professional opinion and experience to determine the most appropriate method for one's practice situation. This article outlines the excess earnings method for which where the principal components of value are net assets and goodwill.
Baus MR.The horse owner not only expects outstanding care for their horse; they also recognize and appreciate a well-run equine practice. They expect their veterinarian to show up on time for appointments; they expect to receive decipherable invoices and statements on a regular basis and they appreciate an assistant who enhances the services that their veterinarian provides. A well-managed ambulatory equine practice supports the ideals of both high standards of care and mobility. In fact, a poorly managed practice will ultimately impact the care that an equine veterinarian attempts to provide the hors...
Chen X, Zhao Y, Su L, Wang L, Ma X, Zhang B, Su Y.Strangles, which is caused by Streptococcus equi subspecies equi, is one of the most prevalent equine infectious diseases and poses heavy economic losses worldwide. Although various vaccines have been used for decades, they seemed to be sub-optimal to demonstrate effective protection, and the antigen component of vaccines against S. equi remains to be optimized. In the present study, three target antigens (M-like protein, α2-macroglobulin and IgG-binding protein, and glyceraldehyde-3-phosphate dehydrogenase) were selected and expressed. Mice were immunized and challenged, and their immune res...
Hyde KA, Altman A, Banasek R, Gastal MO, Gastal EL.Hay wastage when feeding round bales due to contamination, deterioration, and animal refusal can accrue large financial losses for farmers. The present study investigated the efficiency of the conventional Tombstone-style feeder system compared to the Hay Saver feeder system to reduce hay wastage in feeding round hay bales. Mares were distributed equally into two groups, Tombstone and Hay Saver, and fed six bales per group over 48 days. Hay wastage was collected daily, dried, and weighed, while the mares were weighed weekly. Overall, the Hay Saver feeder showed less hay wastage, higher mean ma...
Tamin A, Rota PA.Hendra virus (HeV) and Nipah virus (NiV) are the causative agents of emerging transboundary animal disease in pigs and horses. They also cause fatal disease in humans. NiV has a case fatality rate of 40 - 100%. In the initial NiV outbreak in Malaysia in 1999, about 1.1 million pigs had to be culled. The economic impact was estimated to be approximately US$450 million. Worldwide, HeV has caused more than 60 deaths in horses with 7 human cases and 4 deaths. Since the initial outbreak, HeV spillovers from Pteropus bats to horses and humans continue. This article presents a brief review on the cur...
Pham C, Bitonte R.Hippotherapy is the use of equine movement in physical, occupational, or speech therapy in order to obtain functional improvements in patients. Studies show improvement in motor function and sensory processing for patients with a variety of neuromuscular disabilities, developmental disorders, or skeletal impairments as a result of using hippotherapy. Objective: The primary objective of this study is to identify the pervasiveness of hippotherapy in Southern California, and any factors that impair its utilization. Methods: One hundred and fifty-two rehabilitation centers in the Southern Californ...
Vitour D, Zientara S, Fablet A, Bréard E, Sailleau C.African horse sickness (AHS) is a major arthropod-borne disease that causes significant losses in horses in sub-Saharan Africa. It is caused by the African horse sickness virus (AHSV), which is transmitted during a blood meal by Culicoides biting midges. The distribution of historical African culicoid vectors increases due to global warming. In addition, recent (Thailand, 2020) and earlier (Iberian Peninsula, 1965-66/1987-90) AHS outbreaks outside Africa demonstrate the adaptation of the virus to endogenous species in AHS-free regions, similar to what has been observed for bluetongue disease i...
Lima AG, Costa LC, Alvarenga MA, Martins CB.The presence of anovulatory haemorrhagic follicles during the oestrous cycle of mares causes financial impacts, slowing conception and increasing the number of services per pregnancy. Non-steroidal anti-inflammatory drugs (NSAIDs) such as meloxicam and phenylbutazone are used in the treatment of several disorders in mares, and these drugs can impair the formation of prostaglandins (PGs) and consequently interfere with reproductive activity. This study aimed to evaluate the effects of treatment with NSAIDs on the development of pre-ovulatory follicles in mares. In total, 11 mares were studied o...
Kibler ML, Pendell DL, Costanigro M, Traub-Dargatz J.Equine injury and disease cause two types of costs for those financially responsible for treating and caring for the infected horse(s); direct costs of treating the horse and indirect cost of lost use of the horse for a period of time to the user of the horse (daily horse use). Indirect costs are more difficult to estimate but pose significant financial implications for equine-owners/caregivers. Additionally, there exists a gap in existing research regarding the valuation of infectious treatment options in horses. Objective: To estimate the value a US horse-owner/caregiver places on daily hors...
Atwill ER, Mohammed HO.To determine whether horses in New York should be vaccinated against equine monocytic ehrlichiosis (EME). Methods: Decision-tree analyses of data from a cross-sectional study and a case-control study. Methods: Horses in New York. Methods: Annual expected monetary loss per horse attributable to EME was calculated for vaccinated and nonvaccinated horses in New York. Because risk of being seropositive was dependent on county in which the horse was located, farm elevation, and use of each horse, decision-tree analyses were stratified by these factors. Results: Annual expected monetary loss per hor...
Adeyefa CA.The clinicopathological features and treatment of cases of dermatomycotic infections in horses are reported. Organisms isolated from these cases include Trichophyton mentagrophyte, T. equinum and Micosporum equinum. The Veterinary, medical and economic importance of the disease is discussed.
Heath TJ.To give an account of the views held by Australian veterinarians who work with horses on the future of their professional field. Methods: Questionnaires were mailed to 866 veterinarians who had been identified as working with horses, and 87% were completed and returned. Data were entered onto an Excel spreadsheet, and analysed using the SAS System for Windows. Results: Their future prospects were believed to be very good or excellent by >60% of equine veterinarians but by only 30% of mixed practitioners seeing < 10% horses. The main factors believed likely to affect these prospects were ...
