000114793 001__ 114793
000114793 005__ 20180122215806.0
000114793 037__ $$a726-2016-49978
000114793 041__ $$aen
000114793 245__ $$aLivestock epidemics and catastrophic risk management: State of the art and prospects on economic dynamics
000114793 260__ $$c2011
000114793 269__ $$a2011
000114793 270__ $$marnaud.rault@rennes.inra.fr$$pRault,   Arnaud
000114793 300__ $$a12
000114793 336__ $$aConference Paper/ Presentation
000114793 520__ $$aThe economic consequences of livestock epidemics have been long studied for purposes of
estimating the costs of the veterinary measures. In this paper, we show that this catastrophic
risk may have wide market consequences, and that the risk management systems are quite
limited to compensate long term impacts in the European context of growing trade. Through a
detailed literature review we present the main developments of the economic literature aiming
to highlight the economic consequences of animal epidemics such as Foot and Mouth
Disease. We acknowledge that a very few studies have focused on the economic dynamics
and on the long run effects occurring after an epidemic disease outbreak. We discuss the
appropriateness of a dynamic approach to reveal that the de-structuring of the livestock
markets affects the production dynamics as well as the whole agricultural sphere, whose
financial implications remain poorly studied. In addition, we highlight the importance of
taking into account these phenomena for the development of risk management systems, and
we emphasize the growing interest of a dynamic Computable General Equilibrium approach.
000114793 542__ $$fLicense granted by Kayla Schanus (schan099@umn.edu) on 2011-09-08T16:24:07Z (GMT):

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000114793 650__ $$aLivestock Production/Industries
000114793 650__ $$aRisk and Uncertainty
000114793 700__ $$aRault, Arnaud
000114793 700__ $$aKrebs, Stephane
000114793 8564_ $$s112091$$uhttp://ageconsearch.umn.edu/record/114793/files/Rault_Arnaud_420.pdf
000114793 887__ $$ahttp://purl.umn.edu/114793
000114793 909CO $$ooai:ageconsearch.umn.edu:114793$$pGLOBAL_SET
000114793 912__ $$nSubmitted by Kayla Schanus (schan099@umn.edu) on 2011-09-08T16:25:44Z
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  Previous issue date: 2011
000114793 982__ $$gEuropean Association of Agricultural Economists>2011 International Congress, August 30-September 2, 2011, Zurich, Switzerland
000114793 980__ $$a726