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European Association of Agricultural Economists >
2008 International Congress, August 26-29, 2008, Ghent, Belgium >
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http://purl.umn.edu/43860
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| Title: | Can an Industry Voluntary Agreement on Food Traceability Minimize the Cost of Food Safety Incidents? |
| Authors: | McEvoy, David M. Souza Monteiro, Diogo M. |
| Keywords: | Traceability voluntary agreements food safety |
| Issue Date: | 2008 |
| Abstract: | In the recent past the United States has had a number of severe food-safety
outbreaks in the produce, vegetable and beef industry that greatly disrupted the food
system. In all these outbreaks here were severe disruptions on sales that affected the
whole industry, and it took an extended period of time to correctly locate the source of
the outbreak. Traceability can be an effective tool to reduce the impact of food safety
incidents my expediting the search for the origin of outbreaks. This paper investigates
to what extent an industry-led voluntary agreement for providing traceability can
reduce the cost of a food-safety outbreak. We find that a voluntary agreement on
traceability can successfully reduce the cost of a food-safety outbreak but will unlikely
achieve the optimal social level of traceability because of significant free riding. |
| URI: | http://purl.umn.edu/43860 |
| Institution/Association: | European Association of Agricultural Economists>2008 International Congress, August 26-29, 2008, Ghent, Belgium |
| Total Pages: | 16 |
| Collections: | 2008 International Congress, August 26-29, 2008, Ghent, Belgium
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