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Registros recuperados: 5
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Measuring the Impact of a BSE Announcement on U.S. Retail Beef Sales: A Time-Series Analysis AgEcon
Crowley, Christian S.L.; Shimazaki, Yoshiaki.
On December 23, 2003, Agriculture Secretary Ann M. Veneman announced that the United States Department of Agriculture had diagnosed the first U.S. case of bovine spongiform encephalopathy (BSE), commonly known as “mad cow disease.” This study uses supermarket sales data to analyze the effect of the BSE announcement on U.S. retail beef sales, finding a statistically significant disruption of sales. In addition, we develop a forecast of retail beef sales revenues in the hypothetical absence of BSE. The forecast implies that the BSE announcement may have reduced domestic retail beef revenues in excess of $11 billion in the post-BSE period.
Tipo: Journal Article Palavras-chave: ARIMA models; BSE; Mad cow disease; U.S. retail beef sales; Health Economics and Policy; Livestock Production/Industries.
Ano: 2005 URL: http://purl.umn.edu/59609
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Using Linked Household-level Datasets to Explain Consumer Response to BSE in Canada AgEcon
Wang, Xin; Maynard, Leigh J.; Butler, J.S..
Household-level Canadian meat purchases from 2002-2008, household-level egg purchases from 2002-2005 and Food Opinion Survey in 2008 were used to understand how consumers who have different concerns about nutrition react to BSE events and how beef consumption after BSE discoveries were shaped by consumers concerns of food safety and their trust of government and the industry decision makers. Three measures of beef purchased were used to explore consumers’ reaction. A random effects logit model was applied to test whether any beef purchased during a given month. Consumption in terms of unit purchases was measured with a random effects Negative Binomial model and consumption in terms of beef expenditure was measured with a standard random effects model....
Tipo: Conference Paper or Presentation Palavras-chave: BSE; Mad cow disease; Food safety; Consumer behavior; Canada; Agribusiness; Agricultural and Food Policy; Consumer/Household Economics; Food Consumption/Nutrition/Food Safety; Marketing.
Ano: 2010 URL: http://purl.umn.edu/60859
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A General Equilibrium Analysis of Foreign and Domestic Demand Shocks Arising from Mad Cow Disease in the United States AgEcon
Devadoss, Stephen; Holland, David W.; Stodick, Leroy; Ghosh, Joydeep.
The discovery of the first case of mad cow disease in the United States in 2003 reverberated across the beef and cattle industry. This study employs a general equilibrium model to analyze the potential economic effects of mad cow disease on the beef, cattle, and other meat industries under three scenarios, ranging form most favorable to most pessimistic. The scenario with 90% foreign demand decline and 10% domestic demand reduction generates results consistent with the actual outcomes after the mad cow disease outbreak. Only if domestic demand declines significantly will the economic hardship in the U.S. beef and cattle industry be very large.
Tipo: Journal Article Palavras-chave: Demand decline; Economic effects; Mad cow disease; International Relations/Trade; Livestock Production/Industries.
Ano: 2006 URL: http://purl.umn.edu/8607
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Which Consumers Are Most Responsive to Media-Induced Food Scares? AgEcon
Payne, Collin R.; Messer, Kent D.; Kaiser, Harry M..
In understanding decreases in demand after exposure to media-induced food scares, aggregate data are almost exclusively presented without taking into consideration potential confounding variables. However, a better approach may be to use an experimental design coupled with targeting homogeneous willingness-to-pay (WTP) subgroups based on similarities in behavioral, psychological, and demographic characteristics of those who are most vulnerable to food scare information. This is accomplished through experimental economics and an analysis strategy called a classification and regression tree (CART). A stigma framework—which guides conceptual understanding of effects of media-induced food scares—suggests controlling contextual variables to better approximate...
Tipo: Journal Article Palavras-chave: Food scare; Media; Classification and regression tree; Mad cow disease; Stigma; Marketing.
Ano: 2009 URL: http://purl.umn.edu/59231
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Context-Dependent BSE Impacts on Canadian Food-at-Home Beef Purchases AgEcon
Maynard, Leigh J.; Wang, Xin.
Household-level Canadian scanner data from 2002 – 2005 were used to identify consumer reactions to the early BSE discoveries that severely impacted Canada’s beef industry. In all provinces, consumers reacted to the initial BSE event by purchasing more beef, apparently to support struggling ranchers. Subsequent BSE events, however, met with reduced beef purchases. The results were consistent across three measures of monthly beef purchases: participation, units purchased, and beef expenditure share. Failing to account for the context of individual BSE events would have produced little evidence of consumer reaction, a common finding among prior North American BSE studies.
Tipo: Conference Paper or Presentation Palavras-chave: BSE; Mad cow disease; Food safety; Consumer behavior; Canada; Demand and Price Analysis; Food Consumption/Nutrition/Food Safety; D12; Q11.
Ano: 2009 URL: http://purl.umn.edu/48431
Registros recuperados: 5
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