@article{Acosta:338518,
      recid = {338518},
      author = {Acosta, Alejandro and Barrantes, Carlos and Ihle, Rico},
      title = {Animal disease outbreaks and food market price dynamics:  Evidence from regime-dependent modelling and connected  scatterplots},
      journal = {Australian Journal of Agricultural and Resource Economics},
      address = {2020-07-01},
      number = {428-2023-1648},
      month = {Jul},
      year = {2020},
      abstract = {The economic impacts of animal disease outbreaks have been  widely discussed in the literature. Most authors have  centred their attention on estimating the direct costs.  Recent studies have shown that the indirect economic  effects might lead to equal or even higher welfare losses.  This study aims to contribute to this field of research by  assessing the effect of an animal disease outbreak on food  market price dynamics in Mexico, accounting for the  potential effect of an antitrust intervention. We employ a  regime-dependent vector error correction model and a  connected scatterplot analysis. The results show that both  the outbreak and the antitrust intervention caused  structural breaks in food market price dynamics between  producers and consumers, reflected in an increase in the  absolute component of the marketing margin, with serious  food security implications.},
      url = {http://ageconsearch.umn.edu/record/338518},
      doi = {https://doi.org/10.22004/ag.econ.338518},
}