A conceptual bioeconomic framework that integrates dynamic epidemiological-economic processes was designed to analyze the effects of invasive species introduction on decision making in a livestock sector (e.g., production and feeding). The framework integrates an epidemiological model, a dynamic livestock production model, domestic consumption, and international trade. The integrated approach captures producer and consumer responses and welfare outcomes of livestock disease outbreaks, as well as alternative invasive species management policies. Scenarios of foot-and-mouth disease are simulated to demonstrate the usefulness of the framework in facilitating invasive species policy design.
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References listed on IDEAS Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
Rosen, Sherwin & Murphy, Kevin M & Scheinkman, Jose A, 1994.
"Cattle Cycles,"
Journal of Political Economy,
University of Chicago Press, vol. 102(3), pages 468-92, June.
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Sherwin Rosen & Kevin M. Murphy & Jose A. Scheinkman, 1993.
"Cattle Cycles,"
NBER Working Papers
4403, National Bureau of Economic Research, Inc.
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