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The Use of Time-Series Analysis in Examining Food Safety Issues: The Case of the Peanut Butter Recall

Author

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  • Bakhtavoryan, Rafael
  • Capps, Oral, Jr.
  • Salin, Victoria
  • Dallakyan, Aramayis

Abstract

This study presents a time-series analysis of the demand for peanut butter in the wake of the product recall involving Peter Pan and Great Value brands. A 2-lag directed acyclic graphs/Bernanke vector error correction model was estimated using weekly time-series data. The outbreak variable was negatively related to the demand for peanut butter, supporting the hypothesis that foodborne illness reduces consumer demand for a food product category. Hence, time-series models should be complementary to structural/econometric models in examining the impacts of food safety incidents as a check on the robustness of the results.

Suggested Citation

  • Bakhtavoryan, Rafael & Capps, Oral, Jr. & Salin, Victoria & Dallakyan, Aramayis, 2018. "The Use of Time-Series Analysis in Examining Food Safety Issues: The Case of the Peanut Butter Recall," Reports 285253, Texas A&M University, Agribusiness, Food, and Consumer Economics Research Center.
    • Handle: RePEc:ags:tamagr:285253
    DOI: 10.22004/ag.econ.285253
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    Cited by:

    1. Aramayis Dallakyan, 2021. "Nonparanormal Structural VAR for Non-Gaussian Data," Computational Economics, Springer;Society for Computational Economics, vol. 57(4), pages 1093-1113, April.
    2. Jain, Taru & Wang, Xinyi & Rose, Geoffrey & Johnson, Marilyn, 2018. "Does the role of a bicycle share system in a city change over time? A longitudinal analysis of casual users and long-term subscribers," Journal of Transport Geography, Elsevier, vol. 71(C), pages 45-57.
    3. Meyer, Rachelle S. & Cullen, Brendan R. & Whetton, Penny H. & Robertson, Fiona A. & Eckard, Richard J., 2018. "Potential impacts of climate change on soil organic carbon and productivity in pastures of south eastern Australia," Agricultural Systems, Elsevier, vol. 167(C), pages 34-46.
    4. Zhou, Pei & Liu, Yizao, 2023. "Recall information heterogeneity and perceived health risk: The impact of food recall on fresh meat market in the U.S," Food Policy, Elsevier, vol. 114(C).
    5. Diemer, Matthew J. & Currie, Graham & De Gruyter, Chris & Hopkins, Ian, 2018. "Filling the space between trams and place: Adapting the ‘Movement & Place’ framework to Melbourne's tram network," Journal of Transport Geography, Elsevier, vol. 70(C), pages 215-227.

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