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Potential Impacts of Foodborne Illness Incidences on Market Movements and Prices of Fresh Produce in the U.S

Marco Palma (), Luis Ribera (), David Bessler (), Mechel S. Paggi and Ronald D. Knutson

Journal of Agricultural and Applied Economics, 2010, vol. 42, issue 4, 11

Abstract: This study investigates the potential impacts of food safety outbreaks on domestic shipments, imports, and prices of the produce industry. Three case studies were analyzed to assess these potential impacts: the cantaloupe outbreak of March–April 2008, the spinach outbreak of September 2006, and the tomato outbreak of June–July 2008. Data-determined historical decompositions were conducted to provide a weekly picture of domestic shipment, import, and price fluctuation transmissions. The empirical analysis based on a vector autoregression (VAR) model showed differences in the results depending on the source of the outbreak (domestic vs. imported).

Keywords: Agribusiness; Agricultural and Food Policy; Agricultural Finance; Consumer/Household Economics; Crop Production/Industries; Farm Management; Financial Economics; Food Consumption/Nutrition/Food Safety; Food Security and Poverty; Health Economics and Policy; Marketing; Production Economics; Productivity Analysis (search for similar items in EconPapers)
Date: 2010
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Citations: View citations in EconPapers (10)

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Persistent link: https://EconPapers.repec.org/RePEc:ags:joaaec:100526

DOI: 10.22004/ag.econ.100526

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