International Trade Implications of Highly Pathogenic Poultry Disease Events
Jada Thompson,
Dustin Pendell,
Amy Hagerman () and
Kamina K. Johnson
Agricultural and Resource Economics Review, 2020, vol. 49, issue 3, 517-537
Abstract:
Animal disease events can lead to international trade restrictions which can vary in duration, products included, and geographical extent. Accounting for multilateral resistance between trading partners, a general gravity model of trade is estimated with a Hausman-Taylor and a Hausman-Taylor seemingly unrelated estimator to evaluate the trade quantity impact by commodity resulting from highly pathogenic poultry disease events in 24 exporting markets. Commodity specific results show that quantity traded and products demanded during a disease event differ by commodities. Understanding these impacts can better prepare exporters for potential changes in trade quantity given a disease event.
Date: 2020
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Persistent link: https://EconPapers.repec.org/RePEc:cup:agrerw:v:49:y:2020:i:3:p:517-537_6
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