@article{Devadoss:8607,
      recid = {8607},
      author = {Devadoss, Stephen and Holland, David W. and Stodick, Leroy  and Ghosh, Joydeep},
      title = {A General Equilibrium Analysis of Foreign and Domestic  Demand Shocks Arising from Mad Cow Disease in the United  States},
      journal = {Journal of Agricultural and Resource Economics},
      address = {2006-08},
      number = {1835-2016-149241},
      pages = {13},
      year = {2006},
      abstract = {The discovery of the first case of mad cow disease in the  United States in 2003 reverberated across the beef and  cattle industry. This study employs a general equilibrium  model to analyze the potential economic effects of mad cow  disease on the beef, cattle, and other meat industries  under three scenarios, ranging form most favorable to most  pessimistic. The scenario with 90% foreign demand decline  and 10% domestic demand reduction generates results  consistent with the actual outcomes after the mad cow  disease outbreak. Only if domestic demand declines  significantly will the economic hardship in the U.S. beef  and cattle industry be very large.},
      url = {http://ageconsearch.umn.edu/record/8607},
      doi = {https://doi.org/10.22004/ag.econ.8607},
}