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Economic Aspects of Agricultural and Food Biosecurity

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  • Hennessy, David A.

Abstract

Concerns about biosecurity in the food system raise a variety of issues about how the system is presently organized, why it might be vulnerable, what we could reasonably do to better secure it, and the costs of doing so. Emphasizing the role of incentives in efficient resource allocation, this article considers economic dimensions of three aspects of the general problem. One is the global problem, or the way biosecurity measures can affect how countries relate to each other and the global consequences that result. Another is how to best manage the immediate aftermath of a realized threat in order to minimize damage. The third is how to seek to prevent realization of the threat. Some policy alternatives are presented.

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File URL: http://www.econ.iastate.edu/sites/default/files/publications/papers/p15015-2012-03-29.pdf
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Bibliographic Info

Paper provided by Iowa State University, Department of Economics in its series Staff General Research Papers with number 35015.

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Date of creation: 29 Mar 2012
Date of revision:
Publication status: Published in , April 2008, vol. 6 no. 1, pp. 66-77
Handle: RePEc:isu:genres:35015

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Postal: Iowa State University, Dept. of Economics, 260 Heady Hall, Ames, IA 50011-1070
Phone: +1 515.294.6741
Fax: +1 515.294.0221
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Web page: http://www.econ.iastate.edu
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  1. Helen H. Jensen, 2005. "Infectious Disease, Productivity, and Scale in Open and Closed Animal Production Systems," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 87(4), pages 900-917.
  2. Blayney, Donald P. & Dyck, John H. & Harvey, David J., 2006. "Economic Effects of Animal Diseases linked to Trade Dependency," Amber Waves, United States Department of Agriculture, Economic Research Service, April.
  3. Calvin, Linda, 2004. "Response to U.S. Foodborne Illness Outbreaks Associated with Imported Produce," Agricultural Information Bulletins 33647, United States Department of Agriculture, Economic Research Service.
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Cited by:
  1. Just, David R. & Wansink, Brian & Turvey, Calum G., 2009. "Biosecurity, Terrorism, and Food Consumption Behavior: Using Experimental Psychology to Analyze Choices Involving Fear," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 34(1), April.

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