McCluskey, Jill J.; Grimsrud, Kristine M.; Ouchi, Hiromi; … - In: Australian Journal of Agricultural and Resource Economics 49 (2005) 2
The discovery of bovine spongiform encephalopathy (BSE), commonly known as ‘mad cow disease’, in Japan caused anxiety about consuming beef and beef products. As a result, there was a sudden fall in sales of beef that hurt the Japanese beef industry as well as major beef exporters to Japan....