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Long-Run Effects of BSE on Meat Consumption

  • Adam Bialowas
  • Lisa Farrell
  • Mark N. Harris

    ()

  • Cain Polidano

    ()

This paper considers the long-run effects of BSE on meat consumption in the United Kingdom using data from the Expenditure and Food Survey. We estimate a dynamic AIDS demand system of household food consumption, with long-run effects captured via an adstock index of adverse media coverage. The results suggest that there are long-run impacts on meat consumption that extend well beyond the period of the scare. In addition, press articles with pictures have a greater, and more long-lasting effect, on long-run consumption than articles with words alone.

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File URL: http://www.buseco.monash.edu.au/ebs/pubs/wpapers/2007/wp13-07.pdf
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Paper provided by Monash University, Department of Econometrics and Business Statistics in its series Monash Econometrics and Business Statistics Working Papers with number 13/07.

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Length: 24 pages
Date of creation: Oct 2007
Date of revision:
Handle: RePEc:msh:ebswps:2007-13
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