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Abstract

In this paper, two AI mitigation strategies are examined, quarantine and vaccination. Meanwhile, associated welfare changes are evaluated by using FASOM. Results found that changes of total national welfare of U.S are insignificant with or without vaccination. Once comes to livestock producers, impacts become significant although magnitudes are small. For example, under 20% demand shocks, vaccination strategy dominates no vaccination at the production, market and national level. However, vaccination has no advantage when there is no demand shifts.

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