A Dynamic Computable General Equilibrium Treatment of the Ban on UK Beef Exports: A Note
AbstractHubbard and Philippidis Journal of Agricultural Economics (2001) Vol. 52, pp. 87-95] employ the standard Global Trade Analysis Project (GTAP) computable general equilibrium (CGE) model to analyse the impact of the bovine spongiform encephalopathy (BSE)-induced ban on exports of UK beef. This note extends that study in four ways: (i) the dynamic GTAP model is employed to characterise long-run savings-investment behaviour more correctly; (ii) the effect of the foot-and-mouth disease (FMD) outbreak of 2001 is included; (iii) an allowance is made for different levels of recovery in consumer confidence; and (iv) the impact analysis is now compared through time with a 'no-ban' baseline. Long-run comparisons after removal of the ban suggest that its legacy may continue for some time. However, because of the remedial safeguards and assurances offered in the wake of the BSE and FMD crises, there is a possibility that exports and outputs increase. Nevertheless, the economy-wide impacts are negligible in both the short and the long run. Copyright 2005 Blackwell Publishing Ltd.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Bibliographic InfoArticle provided by Wiley Blackwell in its journal Journal of Agricultural Economics.
Volume (Year): 56 (2005)
Issue (Month): 2 ()
Contact details of provider:
Web page: http://www.blackwellpublishing.com/journal.asp?ref=0021-857X
You can help add them by filling out this form.
CitEc Project, subscribe to its RSS feed for this item.
- Rault, Arnaud, 2012. "On the effectiveness of mutual funds to cope with lasting market risks: The case of FMD in Brittany," 126th Seminar, June 27-29, 2012, Capri, Italy 125994, European Association of Agricultural Economists.
- Gohin, Alexandre & Rault, Arnaud, 2012. "Assessing the economic costs of an outbreak of Foot and Mouth Disease on Brittany: A dynamic computable general equilibrium approach," 123rd Seminar, February 23-24, 2012, Dublin, Ireland 122438, European Association of Agricultural Economists.
- Cassey, Andrew J. & Galinato, Suzette P. & Taylor, Justin L., 2012. "Environmental Regulation and Regional Economy: Economic Impacts of the Elimination of Azinphos-methyl on the Apple Industry and Washington State," Journal of Food Distribution Research, Food Distribution Research Society, vol. 43(2), July.
- Arnaud Rault & Stéphane Krebs, 2011. "Catastrophic risk and risk management, what do we know about livestock epidemics? State of the art and prospects," Working Papers SMART - LERECO 11-05, INRA UMR SMART.
- Gohin, Alexandre & Rault, Arnaud, 2013. "Assessing the economic costs of a foot and mouth disease outbreak on Brittany: A dynamic computable general equilibrium analysis," Food Policy, Elsevier, vol. 39(C), pages 97-107.
- Gohin, Alexandre & Rault, Arnaud, 2012. "Assessing the economic costs of an outbreak of Foot and Mouth Disease on Brittany: A dynamic computable general equilibrium," 86th Annual Conference, April 16-18, 2012, Warwick University, Coventry, UK 134712, Agricultural Economics Society.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Wiley-Blackwell Digital Licensing) or (Christopher F. Baum).
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.