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| Jin, Hyun Joung; Koo, Won W.. |
| New information about food safety can stimulate a sudden, significant concern by the public, resulting in a pronounced change in consumer demand. One such example is the declining level of beef consumption in Europe and Japan, stemming from the outbreak of Bovine Spongiform Encephalopathy (BSE), known as mad-cow disease. This study evaluates the impacts of the BSE outbreak in Japan in September 2001 on the import demands for U.S. meat in Japan and South Korea, using a nonparametric revealed preference approach. Empirical results show that there are excess violations in the Japanese data after the timing of the outbreak, but not in the South Korean data, implying that the event has influenced Japanese meat import demand, but not South Korean meat import... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Bovine Spongiform Encephalopathy; Meat import demand; Revealed preference; Food Consumption/Nutrition/Food Safety; International Relations/Trade. |
| Ano: 2003 |
URL: http://purl.umn.edu/23623 |
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| Mattson, Jeremy W.; Jin, Hyun Joung; Koo, Won W.. |
| Since the discovery of Bovine Spongiform Encephalopathy (BSE) in the United States in December 2003, U.S. beef exports have declined approximately 85 percent. A number of countries, including Japan and Korea (the top export markets for U.S. beef), have banned imports of beef from the United States, while U.S. exports to other important markets, such as Mexico and Canada, have been well below previous levels. Domestic demand in the United States was not significantly affected by the BSE discovery, but the effect of decreased beef exports on U.S. price is significant. This study examines the effect of exports and other supply and demand factors on U.S. meat prices, and estimates the effect of the drop in exports on U.S. beef and cattle prices. Results... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Bovine Spongiform Encephalopathy; Beef; Pork; Chicken; Exports; International Relations/Trade. |
| Ano: 2005 |
URL: http://purl.umn.edu/23571 |
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