The effects of the BSE outbreak on the security values of US agribusiness and food processing firms

被引：18

作者：

Jin, Hyun Joung ^{[1
]}

Kim, Jang-Chul ^{[2
]}

机构：

[1] Chung Ang Univ, Coll Ind Sci, Dept Ind Econ, Seoul 456756, South Korea

[2] N Dakota State Univ, Fargo, ND 58105 USA

来源：

APPLIED ECONOMICS | 2008年 / 40卷 / 03期

关键词：

D O I：

10.1080/00036840500461824

中图分类号：

F [经济];

学科分类号：

02 ;

摘要：

A case of Bovine Spongiform Encephalopathy (BSE) was found on December, 2003 in the United States, which affected offshore and domestic demands for US beef. This study evaluates the effects of the BSE outbreak on the security values of the US agribusiness and food processing firms, using an event study. Empirical results indicate that the beef industry was significantly, negatively affected, but other meat industries benefited significantly. For the sectors not immediately involved with beef products, the effects were small or negligible.

引用

页码：357 / 372

页数：16

共 12 条

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