Campus Units

Economics

Document Type

Presentation

Conference

2010 AAEA, CAES, & WAEA Joint Annual Meeting

Publication Version

Submitted Manuscript

Publication Date

2010

Conference Title

2010 AAEA, CAES, & WAEA Joint Annual Meeting

Conference Date

July 25-27, 2010

City

Denver, Colorado

Abstract

Recent outbreaks of highly pathogenic avian influenza (HPAI) in Asia, Europe, and Africa have caused severe impacts on the broiler sector through production losses, trade restrictions and negative shocks to demand. This study develops a multimarket econometric model that is the basis of simulations to assess the spread and market implications of a potential HPAI outbreak in U.S. broiler industry. It takes into account market power that might exist within the livestock and meat sectors and endogenizes the optimal production condition on the model system. The results imply that the HPAI shocks affect prices at different marketing levels unequally and change the price margins along the supply chain with the existence of market power. The change in the price margin, although statistically significant, is quite small in absolute value.

Comments

This is a Selected Paper prepared for presentation at the Agricultural & Applied Economics Association 2010 AAEA, CAES, & WAEA Joint Annual Meeting, Denver, Colorado, July 25-27, 2010.

Rights

Copyright 2010 by Jing Liang. All rights reserved. Readers may make verbatim copies of this document for non-commercial purposes by any means, provided that this copyright notice appears on all such copies.

Copyright Owner

The Authors

Language

en

File Format

application/pdf

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