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An Economic Assessment of the BSE Crisis in Canada: Impact of Border Closure and BSE Recovery Programs

Jeevika Weerahewa, Karl Meilke and Danny G. Le Roy

Estey Centre Journal of International Law and Trade Policy, 2008, vol. 09, issue 01, 26

Abstract: This article assesses the economic consequences of three alternative government responses to the BSE crisis in Canada: 1) expansion in slaughter capacity; 2) partial destruction of the cattle herd; and 3) deficiency payments. Each of these policies is evaluated under four different border situations: 1) autarky; 2) free trade in young beef only; 3) free trade in young beef and cattle; and 4) complete free trade. The results of the policy analysis are quite sensitive to the border assumptions, making it impossible to select a “best” policy without perfect foresight with respect to the timing and the extent of the border opening.

Keywords: International Relations/Trade; Livestock Production/Industries (search for similar items in EconPapers)
Date: 2008
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Citations: View citations in EconPapers (1)

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https://ageconsearch.umn.edu/record/6176/files/09010012.pdf (application/pdf)

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Working Paper: An Economic Assessment of the BSE Crisis in Canada: Impacts of Border Closure and BSE Recovery Programs (2007) Downloads
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Persistent link: https://EconPapers.repec.org/RePEc:ags:ecjilt:6176

DOI: 10.22004/ag.econ.6176

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