This study examines the time-varying Japanese price reactions to the 2001 Bovine Spongiform Encephalopathy (BSE) discovery, the 2000 outbreak of foot and mouth disease (FMD), and the 1996 E. coli food po isoning events. Historical decomposition of retail-level price-series aids in explaining the...

The 28th IAAE annual meeting selected poster

International pork trade has not only been influenced by trade agreements but also altered by consumer perceptions on disease-infected animals. This study uses a gravity model with fixed-effects to investigate how pork trade is affected by foot-and-mouth disease among 186 countries. Results...

In this study, we evaluate the effects of the recent Federal Reserve’s purchases of long-term assets on prices of agricultural commodities. The first large-scale asset purchases began at the end of 2008, after the Great Recession, and the second purchases began in November of 2010. The...

This study examines the impact of two beef safety scares on retail-level meat per capita consumption and prices in Japan. The objective is to investigate the Japanese consumer reactions to the news of FMD and BSE discoveries, as reflected in the quantity and price changes in the immediate...

Our previous research found that FMD Outbreaks in foreign countries have a significant positive influence on U.S. swine meat exports. However, not all of these FMD-affected countries adopted the same treatment policy to ease domestic FMD issues. This study proposes a gravity model with...

The Atlantic bonito rush experienced in Turkey in the Fall of 2005 coincides with the avian influenza food scare that happened exactly at the same time-period in the country. In this research using time-series techniques, we investigate how the food scare and the excess fish caught jointly...

This article addresses the dynamic impact of the 2005 H5N1 avian influenza outbreak on the Turkish poultry sector. Contemporary time-series analyses with historical decomposition graphs are used to address differences in monthly price adjustments between market levels along the Turkish poultry...

Fish is a low-fat protein source high in omega-3 fatty acids, but in 2004 consumers also heard that farmed salmon had high levels of polychlorinated biphenyl (PCBs). This research evaluated how Canadian consumers and processors reacted to the conflicting health messages. Demand estimates and...