Jointly determined livestock disease dynamics and decentralised economic behavior

Benjamin Gramig and Richard Horan

Australian Journal of Agricultural and Resource Economics, 2011, vol. 55, issue 3, 18

Abstract: A dynamic model of livestock disease and decentralised economic behaviour is constructed as a jointly determined system. By accounting for feedbacks between behavioural choices and disease outcomes, the model captures the endogenous nature of infection risks. Government mandated testing of livestock herds and how private biosecurity incentives are affected by the structure of disease eradication polices are considered. How well disease control policies are targeted affects their effectiveness and may result in farmers substituting government testing and disease surveillance for private biosecurity. Numerical simulation results demonstrate that failing to account for feedbacks between the disease ecology and economic systems may overestimate the effectiveness of government disease control policies.

Keywords: Livestock; Production/Industries (search for similar items in EconPapers)
Date: 2011
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Citations: View citations in EconPapers (9)

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Related works:
Journal Article: Jointly determined livestock disease dynamics and decentralised economic behaviour (2011)
Working Paper: Jointly-Determined Livestock Disease Dynamics and Decentralized Economic Behavior (2009)
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aareaj:186957

DOI: 10.22004/ag.econ.186957

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