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BSE and the US Economy: Input-Output Model Perspective

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  • Yeboah, Osei-Agyeman
  • Kebede, Ellene
  • Ofori-Boadu, Victor
  • Allen, Albert J.

Abstract

The potential impact of a BSE outbreak on the US economy is modeled in input-output setting using 2002 US IMPLAN data. An outbreak of BSE would hurt the US beef industry, other agriculturally-related industry, and the rest of the economy as a whole. The worse effects occur in the beef cattle and farming industries. Generally, the economy of every county would be hurt given the fact that cattle are produced in all the 50 states. But it is apparent that the damage would be substantial in those regions and households which already suffer the severest economic damage.

Suggested Citation

  • Yeboah, Osei-Agyeman & Kebede, Ellene & Ofori-Boadu, Victor & Allen, Albert J., 2007. "BSE and the US Economy: Input-Output Model Perspective," 2007 Annual Meeting, February 4-7, 2007, Mobile, Alabama 34877, Southern Agricultural Economics Association.
    • Handle: RePEc:ags:saeasm:34877
    DOI: 10.22004/ag.econ.34877
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    References listed on IDEAS

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    1. Jin, Hyun Joung & Skripnitchenko, Anatoliy & Koo, Won W., 2004. "The Effects Of The Bse Outbreak In The United States On The Beef And Cattle Industry," Special Reports 23072, North Dakota State University, Center for Agricultural Policy and Trade Studies.
    2. Latouche, K. & Rainelli, P. & Vermersch, D., 1998. "Food safety issues and the BSE scare: some lessons from the French case," Food Policy, Elsevier, vol. 23(5), pages 347-356, October.
    3. M.‐J.J. Mangen & A.M. Burrell, 2001. "Decomposing Preference Shifts for Meat and Fish in the Netherlands," Journal of Agricultural Economics, Wiley Blackwell, vol. 52(2), pages 16-28, May.
    4. Jérôme Adda, 2007. "Behavior towards health risks: An empirical study using the “Mad Cow” crisis as an experiment," Journal of Risk and Uncertainty, Springer, vol. 35(3), pages 285-305, December.
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    Keywords

    Livestock Production/Industries;

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