Economic Modeling of Livestock Disease Outbreaks

Philip L. Paarlberg, John G. Lee and Ann Hillberg Seitzinger

International Food and Agribusiness Management Review, 2005, vol. 08, issue 01, 16

Abstract: The paper surveys articles examining the economic impacts of a livestock disease outbreak and focuses on modeling issues. One set of papers considers setting an import barrier when there is a livestock disease risk. They show that the level of a risk-based import barrier is sensitive to the impact of disease on economic welfare. The remaining articles focus on estimates of the economic impacts. An outbreak is modeled in a U.S. agricultural sector model and shows the importance of lost exports and consumer response to the magnitude of losses. The final paper argues for de-composition of the welfare impacts. Lessons for future research include improved links to epidemiological research, improved inclusion of trade, extension to non-agricultural sectors, and knowledge of consumer response.

Keywords: Livestock; Production/Industries (search for similar items in EconPapers)
Date: 2005
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Citations: View citations in EconPapers (3)

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Persistent link: https://EconPapers.repec.org/RePEc:ags:ifaamr:8178

DOI: 10.22004/ag.econ.8178

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