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Web URL(s): | https://archive.lib.msu.edu/tic/its/articles/1997jou1127.pdf Last checked: 09/29/2008 Requires: PDF Reader |
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Publication Type:
| Refereed |
Author(s): | van Blokland, P. J.;
Hodges, A. W.;
Haydu, J. J. |
Author Affiliation: | Department of Food and Resource Economics, University of Florida, Gainesville, Florida 32611, USA |
Title: | Measuring the economic contribution of Florida's turfgrass industry using the value added methodology |
Section: | Economic, educational and social issues: Contributed papers Other records with the "Economic, educational and social issues: Contributed papers" Section
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Meeting Info.: | Sydney, Australia: 1997 |
Source: | International Turfgrass Society Research Journal. Vol. 8, No. Part 1, 1997, p. 1127-1133. |
Publishing Information: | Blacksburg, VA: International Turfgrass Society |
# of Pages: | 7 |
Keywords: | TIC Keywords: Turfgrass industry; Economic impacts; Measurement
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Geographic Terms: | Florida |
Abstract/Contents: | "Agricultural statistics generally report the output of a commodity at the farm gate over a period of time. They rarely measure the value of the commodity as it changes into a consumer product. These statistics usually report the annual sales of turf from a sod farm but not the value of the same turf as the consumer putts on the green of a private golf course. This turf had to change in time, in place and in form, from a farm crop to part of manicured green on a golf course. The value added methodology can show how much value accrues to the commodity from farm gate to its final consumption. This paper presents the value added to Florida turf from production until use in its various final destinations. Florida's turfgrass industry can be divided into eight sections: 1. Sod producers, 2. Turf product manufacturers, 3. Wholesale and retail distributors of turf products, 4. Turfgrass service firms, 5. Commercial turf product users, 6. Non commercial institutional turf users, 7. Golf courses, and 8. Home owners. The first four supply the various inputs of the turf industry. The last four demand the products and are therefore the final destinations for the turf and its products. The concept of value added is explained in detail and then applied to each sector. For farms, manufacturers, wholesale/retail, turf service firms and gold [golf] courses, value added was calculated as total sales plus depreciation of the capital assets minus the cash expenses for materials goods and outside services. The calculation for the remaining three sectors added labour expenses and capital asset depreciation. Results from a 1994 mail and telephone survey show that the total value added by the Florida turf industry was nearly $7.5 billion in the 1991/92 financial year. This contribution was largely due to turf's high labour intensity. Nearly all the value added stays in the local area, generating cash and jobs, because very few of the industry's products or services leave the region. Golf courses supplied around 36% of total value added followed by turf service firms and households, each with approximately 20%. Golf courses also had the highest value added (US$20,000) per acre(US$49,420/ha). Commercial institutions and turf service firms followed with US$1,900 and US$1,400 per acre respectively (US$4695 & US$3460/ha)." |
Language: | English |
References: | 6 |
See Also: | Other items relating to: Turfgrass Industry Economics |
Note: | Tables |
| ASA/CSSA/SSSA Citation (Crop Science-Like - may be incomplete): van Blokland, P. J., A. W. Hodges, and J. J. Haydu. 1997. Measuring the economic contribution of Florida's turfgrass industry using the value added methodology. Int. Turfgrass Soc. Res. J. 8(Part 1):p. 1127-1133. |
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| MSU catalog number: SB 433 .I52 v. 8 |
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