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Author: Rachna Gollamudi Publisher: ISBN: Category : Languages : en Pages : 126
Book Description
The first native-born case of Bovine Spongiform Encephalopathy (BSE or commonly known as Mad Cow Disease) in North American continent was reported on 20 May 2003 in central Alberta, Canada. The first case of BSE in the United States was announced on 23 December 2003. My dissertation is divided into three essays on the economic impact of the outbreak of Bovine Spongiform Encephalopathy (BSE) in the United States in December 2003. The first essay focuses on quantifying the impact of the outbreak of BSE in the United States and Canada on the stock returns of major publicly traded agribusiness firms and restaurant companies in the United States. Event study methodology has emerged to be the best way to analyze the impact of such events on the stock prices. The results of the analysis showed that at an aggregate level firms did not respond significantly to the announcement in May 2003 but the same firms did react to the news of BSE in the United States in December 2003. The individual company-wise and the group-wise results were mixed for both May and December 2003 events. The second essay used the techniques of vector error correction models along with historical decomposition techniques to analyze the impact of mad cow disease on the prices in the beef, pork, and poultry markets. To analyze the interdependence in the meat sector, this essay uses the technique of directed acyclic graphs (DAG). The results of the study indicate interdependencies in the beef, pork, and poultry markets in the United States. That is, a shock in one series has an impact on other series too. There is vertical as well spatial price transmission in the meat markets, though the transmission is not perfect. The different speeds of adjustment point to asymmetric price transmission. Also, the magnitude of the mad cow disease shock was different in different markets indicating asymmetry in terms of both speeds of adjustment and magnitude. The focus of the third essay is to test for any structural change in the demand function for US beef in the major US beef importing countries - South Korea, Japan, Canada, and Mexico. This paper estimates a beef export demand function for the United States and conducts tests for structural changes using the Chow test and the CUSUM test.
Author: Rachna Gollamudi Publisher: ISBN: Category : Languages : en Pages : 126
Book Description
The first native-born case of Bovine Spongiform Encephalopathy (BSE or commonly known as Mad Cow Disease) in North American continent was reported on 20 May 2003 in central Alberta, Canada. The first case of BSE in the United States was announced on 23 December 2003. My dissertation is divided into three essays on the economic impact of the outbreak of Bovine Spongiform Encephalopathy (BSE) in the United States in December 2003. The first essay focuses on quantifying the impact of the outbreak of BSE in the United States and Canada on the stock returns of major publicly traded agribusiness firms and restaurant companies in the United States. Event study methodology has emerged to be the best way to analyze the impact of such events on the stock prices. The results of the analysis showed that at an aggregate level firms did not respond significantly to the announcement in May 2003 but the same firms did react to the news of BSE in the United States in December 2003. The individual company-wise and the group-wise results were mixed for both May and December 2003 events. The second essay used the techniques of vector error correction models along with historical decomposition techniques to analyze the impact of mad cow disease on the prices in the beef, pork, and poultry markets. To analyze the interdependence in the meat sector, this essay uses the technique of directed acyclic graphs (DAG). The results of the study indicate interdependencies in the beef, pork, and poultry markets in the United States. That is, a shock in one series has an impact on other series too. There is vertical as well spatial price transmission in the meat markets, though the transmission is not perfect. The different speeds of adjustment point to asymmetric price transmission. Also, the magnitude of the mad cow disease shock was different in different markets indicating asymmetry in terms of both speeds of adjustment and magnitude. The focus of the third essay is to test for any structural change in the demand function for US beef in the major US beef importing countries - South Korea, Japan, Canada, and Mexico. This paper estimates a beef export demand function for the United States and conducts tests for structural changes using the Chow test and the CUSUM test.
Author: D. L. Hoag Publisher: CABI ISBN: 1845930177 Category : Business & Economics Languages : en Pages : 286
Book Description
In recent years the livestock sector has been hit by a number of high-profile diseases, such as BSE,Foot and Mouth Disease and Avian Influenza. These have had a devastating economic impact onlivestock producers and the broader livestock industry. One key response has been a growing interestin livestock disease insurance. However there is a need for greater understanding of private incentives,market impacts, and public policy perspectives on regional, national and international levels, if livestockinsurance products and complementary risk management programmes are to be developed.This book provides a balanced and broad-ranging overview of the economics of livestock diseaseinsurance. It covers both general issues and specific case studies drawn from the USA, Canada, Europeand Australia or focussing on specific issues. The book is unique in addressing this subject and willinterest readers in agricultural business and economics, veterinary science and the livestock sector.
Author: Julien Chaisse Publisher: Oxford University Press ISBN: 0198778252 Category : Business & Economics Languages : en Pages : 625
Book Description
Celebrating the work of Mitsuo Matsuhita, this volume focuses on dispute resolution and the law and politics of the World Trade Organization, offering a critical and scholarly analysis of the current and future state of international economic governance.
Author: Arnold van Huis Publisher: Bright Sparks ISBN: 9789251075951 Category : Conservation of natural resources Languages : en Pages : 0
Book Description
Edible insects have always been a part of human diets, but in some societies there remains a degree of disdain and disgust for their consumption. Although the majority of consumed insects are gathered in forest habitats, mass-rearing systems are being developed in many countries. Insects offer a significant opportunity to merge traditional knowledge and modern science to improve human food security worldwide. This publication describes the contribution of insects to food security and examines future prospects for raising insects at a commercial scale to improve food and feed production, diversify diets, and support livelihoods in both developing and developed countries. It shows the many traditional and potential new uses of insects for direct human consumption and the opportunities for and constraints to farming them for food and feed. It examines the body of research on issues such as insect nutrition and food safety, the use of insects as animal feed, and the processing and preservation of insects and their products. It highlights the need to develop a regulatory framework to govern the use of insects for food security. And it presents case studies and examples from around the world. Edible insects are a promising alternative to the conventional production of meat, either for direct human consumption or for indirect use as feedstock. To fully realise this potential, much work needs to be done by a wide range of stakeholders. This publication will boost awareness of the many valuable roles that insects play in sustaining nature and human life, and it will stimulate debate on the expansion of the use of insects as food and feed.
Author: Institute of Medicine Publisher: National Academies Press ISBN: 030915197X Category : Medical Languages : en Pages : 323
Book Description
Modern transportation allows people, animals, and plants-and the pathogens they carry-to travel more easily than ever before. The ease and speed of travel, tourism, and international trade connect once-remote areas with one another, eliminating many of the geographic and cultural barriers that once limited the spread of disease. Because of our global interconnectedness through transportation, tourism and trade, infectious diseases emerge more frequently; spread greater distances; pass more easily between humans and animals; and evolve into new and more virulent strains. The IOM's Forum on Microbial Threats hosted the workshop "Globalization, Movement of Pathogens (and Their Hosts) and the Revised International Health Regulations" December 16-17, 2008 in order to explore issues related to infectious disease spread in a "borderless" world. Participants discussed the global emergence, establishment, and surveillance of infectious diseases; the complex relationship between travel, trade, tourism, and the spread of infectious diseases; national and international policies for mitigating disease movement locally and globally; and obstacles and opportunities for detecting and containing these potentially wide-reaching and devastating diseases. This document summarizes the workshop.
Author: Andrew Lakoff Publisher: Columbia University Press ISBN: 0231511779 Category : Medical Languages : en Pages : 308
Book Description
In recent years, new disease threats such as SARS, avian flu, mad cow disease, and drug-resistant strains of malaria and tuberculosis have garnered media attention and galvanized political response. Proposals for new approaches to "securing health" against these threats have come not only from public health and medicine but also from such fields as emergency management, national security, and global humanitarianism. This volume provides a map of this complex and rapidly transforming terrain. The editors focus on how experts, public officials, and health practitioners work to define what it means to "secure health" through concrete practices such as global humanitarian logistics, pandemic preparedness measures, vaccination campaigns, and attempts to regulate potentially dangerous new biotechnologies. As the contributions show, despite impressive activity in these areas, the field of "biosecurity interventions" remains unstable. Many basic questions are only beginning to be addressed: Who decides what counts as a biosecurity problem? Who is responsible for taking action, and how is the efficacy of a given intervention to be evaluated? It is crucial to address such questions today, when responses to new problems of health and security are still taking shape. In this context, this volume offers a form of critical and reflexive knowledge that examines how technical efforts to increase biosecurity relate to the political and ethical challenges of living with risk.
Author: Institute of Medicine Publisher: National Academies Press ISBN: 0309107695 Category : Medical Languages : en Pages : 250
Book Description
In recent public workshops and working group meetings, the Forum on Microbial Threats of the Institute of Medicine (IOM) has examined a variety of infectious disease outbreaks with pandemic potential, including those caused by influenza (IOM, 2005) and severe acute respiratory syndrome (SARS) (IOM, 2004). Particular attention has been paid to the potential pandemic threat posed by the H5N1 strain of avian influenza, which is now endemic in many Southeast Asian bird populations. Since 2003, the H5N1 subtype of avian influenza has caused 185 confirmed human deaths in 11 countries, including some cases of viral transmission from human to human (WHO, 2007). But as worrisome as these developments are, at least they are caused by known pathogens. The next pandemic could well be caused by the emergence of a microbe that is still unknown, much as happened in the 1980s with the emergence of the human immunodeficiency virus (HIV) and in 2003 with the appearance of the SARS coronavirus. Previous Forum meetings on pandemic disease have discussed the scientific and logistical challenges associated with pandemic disease recognition, identification, and response. Participants in these earlier meetings also recognized the difficulty of implementing disease control strategies effectively. Ethical and Legal Considerations in Mitigating Pandemic Disease: Workshop Summary as a factual summary of what occurred at the workshop.
Author: Rachna Gollamudi
Author: Rachna Gollamudi
Author: 
Author: 
Author: D. L. Hoag
Author: Dorothee Brantz
Author: Julien Chaisse
Author: Arnold van Huis
Author: Institute of Medicine
Author: Andrew Lakoff
Author: Institute of Medicine