BALANCING FOOD SAFETY AND RISK: DO DRUG RESIDUE LIMITS AFFECT INTERNATIONAL TRADE IN BEEF?
Tsunehiro Otsuki () and
No 21971, 2003 Annual meeting, July 27-30, Montreal, Canada from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)
There have been a number of high profile food safety disputes in trade over the past decade. These include the widely publicized dispute at the World Trade Organization between the U.S. and EU over hormone treated beef. Consumers in some industrialized countries have also expressed concern over the health implications of consuming beef produced with antibiotics and other artificial supplements. Developing countries are affected in a significant way in both how disputes are settled, as well as the balance between risk and safety reflected in how standards are set. This paper examines the impact of drug residue standards on trade in beef and trade affect of setting harmonized international standards. We find that if international standards set by Codex were followed in antibiotics, global trade in beef would rise by over $3.2 billion. Among other developing countries, South African exports would rise by $160 million, Brazil by $200 million, and Argentina's by over $300 million.
Keywords: Food Consumption/Nutrition/Food Safety; International Relations/Trade (search for similar items in EconPapers)
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Journal Article: Balancing food safety and risk: do drug residue limits affect international trade in beef? (2003)
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea03:21971
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