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| Rault, Arnaud; Krebs, Stephane. |
| The economic consequences of livestock epidemics have been long studied for purposes of estimating the costs of the veterinary measures. In this paper, we show that this catastrophic risk may have wide market consequences, and that the risk management systems are quite limited to compensate long term impacts in the European context of growing trade. Through a detailed literature review we present the main developments of the economic literature aiming to highlight the economic consequences of animal epidemics such as Foot and Mouth Disease. We acknowledge that a very few studies have focused on the economic dynamics and on the long run effects occurring after an epidemic disease outbreak. We discuss the appropriateness of a dynamic approach to reveal that... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Livestock Production/Industries; Risk and Uncertainty. |
| Ano: 2011 |
URL: http://purl.umn.edu/114793 |
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| Gohin, Alexandre; Rault, Arnaud. |
| Epizootic outbreaks such as Foot and Mouth Disease are of great concern for agriculture. In this paper, we quantify the potential dynamic impacts of such a disease on Brittany, a French region with a strong livestock sector. We develop a dynamic computable general equilibrium model with rational expectations that allows us to measure the impacts of culling infected animals and restraining movements of live animals on the livestock sectors and downstream food industries. Our results show that economic losses are spread over many periods even with a one-time shock. The impacts on the primary sectors and downstream food sectors do not move in parallel. The food industries suffer most in the first period while the negative impacts on agriculture are mostly... |
| Tipo: Presentation |
Palavras-chave: Dynamics; CGE; Animal disease; Catastrophic event; Risk and Uncertainty; Q11; Q18. |
| Ano: 2012 |
URL: http://purl.umn.edu/122438 |
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