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American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association) >
2005 Annual meeting, July 24-27, Providence, RI >
Please use this identifier to cite or link to this item:
http://purl.umn.edu/19485
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| Title: | Price Transmission and Food Scares in the U.S. Beef Sector |
| Authors: | Livanis, Grigorios
Moss, Charles B. |
| Authors (Email): | Livanis, Grigorios (livanis@ufl.edu)
Moss, Charles B. (CBMoss@ifas.ufl.edu) |
| Issue Date: | 2005 |
| Series/Report no.: | Selected Paper 136328 |
| Abstract: | The advent of mad cow disease in Canada in the United States raises numerous concerns regarding consumer reaction to information in the United States. To examine the role of consumer reaction to information we examine the response of price spreads in the U.S. beef market to a Food Safety Index derived from Lexis-Nexis. Specifically, we estimate a vector error correction model to examine the long and short-run effect of news on price spreads. Our results indicate that informational shocks are fairly transient in the retail prices, but persist at the wholesale and farm level. |
| URI: | http://purl.umn.edu/19485 |
| Institution/Association: | American Agricultural Economics Association>2005 Annual meeting, July 24-27, Providence, RI |
| Total Pages: | 18 |
| Language: | English |
| Collections: | 2005 Annual meeting, July 24-27, Providence, RI
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