Date of Graduation

Spring 2018

Degree

Master of Natural and Applied Science in Agriculture

Department

College of Agriculture

Committee Chair

Arbindra Rimal

Keywords

economic impact, fair, livestock exhibitors, commercial exhibitors, output effect, employment effect, multipliers

Subject Categories

Agribusiness

Abstract

The main objective of this research is to evaluate the economic impacts of spending by the exhibitors during the 2016 Ozark Empire Fair. Surveys were collected from commercial and livestock exhibitors. Respondents reported the amount of money spent on various items including material and supplies, rental for the space within the fair, hotel, restaurant, shopping, and attractions outside the fair. SPSS and IMPLAN software were used to analyze and interpret the results. Impacts were measured in terms of total output and jobs (full-time equivalent) created. Livestock and commercial exhibitors generated a total economic output of $854,386 and $845,836, respectively. Similarly, 11 full-time-equivalent jobs each were created by the two groups of exhibitors. Results show that the number of days spent at the fair is both economically and statistically significant. Regardless of the type of exhibitor, additional days at the fair increases spending significantly. It is important therefore, to retain the exhibitors throughout the duration of the fair by modernizing the fair venues and adding attractions.

Copyright

© Raysha E. Tate

Open Access

Included in

Agribusiness Commons

Share

COinS