The effect of E-coli O157:H7 on beef prices

被引:0
|
作者
McKenzie, AM [1 ]
Thomsen, MR [1 ]
机构
[1] Univ Arkansas, Dept Agr Econ & Agribusiness, Fayetteville, AR 72701 USA
关键词
beef prices; Escherichia coli O157 : H7; event studies; food safety; product recalls;
D O I
暂无
中图分类号
F3 [农业经济];
学科分类号
0202 ; 020205 ; 1203 ;
摘要
Using an event study, we examine the impact of recalls for E. Coli O157:H7 on wholesale and farm-level beef prices. Prices for boneless beef, a high-volume product primarily used for processing into ground beef, react negatively to recalls, suggesting incentives exist for packing firms to adopt measures that reduce the risk of contamination. However, there is no reaction in live cattle prices and very little reaction in boxed beef prices to recall events. This suggests short-run price responses found at the wholesale level for boneless beef do not transmit back to the farm level.
引用
收藏
页码:431 / 444
页数:14
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