Welfare Implications of Selected Supply and Demand Shocks on Producers and Marketers of U.S. Meats

Shida Rastegari Henneberry, Joao E. Mutondo and B Brorsen

No 9962, 2007 Annual Meeting, July 29-August 1, 2007, Portland, Oregon from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: An equilibrium displacement model is developed and used to estimate the welfare impacts of government and industry-funded promotion programs, country of origin labeling (COOL), and the disease-driven, international bans on U.S. beef. The model goes beyond past studies by including the U.S. domestic market and both U.S. meat imports and exports, with meats differentiated by source of origin. The results indicate that while the benefits from beef and pork promotions are higher, the negative impacts of COOL are lower in a model with international trade than in a model without trade. International bans on U.S. beef decrease the welfare of producers and marketers of U.S. beef.

Keywords: Demand; and; Price; Analysis (search for similar items in EconPapers)
Pages: 29
Date: 2007
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea07:9962

DOI: 10.22004/ag.econ.9962

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