Potential Impacts of Foodborne Illness Incidences on Market Movements and Prices of Fresh Produce in the U.S
AbstractThis 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 Marchâ€“April 2008, the spinach outbreak of September 2006, and the tomato outbreak of Juneâ€“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).
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Bibliographic InfoArticle provided by Southern Agricultural Economics Association in its journal Journal of Agricultural and Applied Economics.
Volume (Year): 42 (2010)
Issue (Month): 04 (November)
directed acyclic graphs; food safety; fresh produce; historical decomposition; outbreaks; 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; Q13;
Find related papers by JEL classification:
- Q13 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Markets and Marketing; Cooperatives; Agribusiness
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- Paggi, Mechel S. & Yamazaki, Fumiko & Ribera, Luis A. & Knutson, Ronald D. & Anciso, Juan & Palma, Marco A. & Noel, Jay E., 2010. "Comparative Producer Costs Of Gap And Ghp Standards: Can The Playing Field Be Made Level?," 115th Joint EAAE/AAEA Seminar, September 15-17, 2010, Freising-Weihenstephan, Germany 116406, European Association of Agricultural Economists.
- Sporleder, Thomas L. & Boland, Michael A., 2011. "Exclusivity of Agrifood Supply Chains: Seven Fundamental Economic Characteristics," International Food and Agribusiness Management Review, International Food and Agribusiness Management Association (IAMA), vol. 14(5).
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