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Exploring Meat And Poultry Recall Data For Policy Lessons

Author

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  • Teratanavat, Ratapol P.
  • Hooker, Neal H.
  • Salin, Victoria

Abstract

Four measures are introduced to evaluate the likelihood of meat and poultry recalls and how firms and FSIS manage such events. These measures include the proportion of product retrieved (recovery rate), time to complete a case, the ratio of recovery rate and completion, and the hazard rate. This research aims to advance our knowledge and understanding of food safety programs by presenting statistical indicators which benchmark the food system. The results from OLS, Negative Binomial, and Cox regression models suggest that limited conclusions can be reached in terms of overall performance and factors that explain the timeliness of recalls. Evidence suggests that smaller plants perform as well as large plants in their recall actions. Also, when the firm discovers the problem recalls are more timely and therefore more effective.

Suggested Citation

  • Teratanavat, Ratapol P. & Hooker, Neal H. & Salin, Victoria, 2003. "Exploring Meat And Poultry Recall Data For Policy Lessons," 2003 Annual meeting, July 27-30, Montreal, Canada 22142, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
  • Handle: RePEc:ags:aaea03:22142
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    File URL: http://purl.umn.edu/22142
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    References listed on IDEAS

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    1. Salin, Victoria & Hooker, Neal H. & Teratanavat, Ratapol P., 2002. "Survival Analysis Of U.S. Meat And Poultry Recalls, 1994-2001," Faculty Paper Series 24016, Texas A&M University, Department of Agricultural Economics.
    2. Gourieroux, Christian & Monfort, Alain & Trognon, Alain, 1984. "Pseudo Maximum Likelihood Methods: Applications to Poisson Models," Econometrica, Econometric Society, vol. 52(3), pages 701-720, May.
    3. Rimal, Arbindra & Fletcher, Stanley M. & McWatters, Kay H., 1999. "Do Handling And Cooking Practices Determine The Selection Of Irradiated Beef?," Journal of Food Distribution Research, Food Distribution Research Society, vol. 30(3), November.
    4. John M. Antle, 1996. "Efficient Food Safety Regulation in the Food Manufacturing Sector," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 78(5), pages 1242-1247.
    5. Lusk, Jayson L. & Schroeder, Ted C., 2002. "Effects of Meat Recalls on Futures Market Prices," Agricultural and Resource Economics Review, Cambridge University Press, vol. 31(01), pages 47-58, April.
    6. Michael A. Mazzocco, 1996. "HACCP as a Business Management Tool," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 78(3), pages 770-774.
    7. Mary K. Olson, 1997. "Firm Characteristics and the Speed of FDA Approval," Journal of Economics & Management Strategy, Wiley Blackwell, vol. 6(1), pages 377-401, June.
    8. Michael R. Thomsen & Andrew M. McKenzie, 2001. "Market Incentives for Safe Foods: An Examination of Shareholder Losses from Meat and Poultry Recalls," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 83(3), pages 526-538.
    9. Zijun Wang & Victoria Salin & Neal Hooker & David Leatham, 2002. "Stock market reaction to food recalls: a GARCH application," Applied Economics Letters, Taylor & Francis Journals, vol. 9(15), pages 979-987.
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    Keywords

    Agricultural and Food Policy;

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