Domestic and trade impacts of foot-and-mouth disease on the Australian beef industry Report as inadecuate




Domestic and trade impacts of foot-and-mouth disease on the Australian beef industry - Download this document for free, or read online. Document in PDF available to download.

Australia is the sixth largest producer of beef and the second largest exporter of beef.Average beef exports from Australia are approximately 65 per cent of the totalamount of beef produced, about 1.3 million tonnes. Australia is particularly vulnerableto diseases that are not endemic to the country and could close or disrupt its exportmarkets for beef. In this study, we construct a bioeconomic optimisation model of theAustralian beef industry that captures production and consumption decisions, domesticallyand internationally, and the impacts on the beef industry of a potentially catastrophicdisease, foot-and-mouth disease (FMD). This study analyses localised tolarge-scale outbreaks and suggests that changes in economic surplus because of FMDrange from a positive net gain of $57 million to a net loss of $1.7 billion, with impactson producers and consumers varying depending on the location of the outbreak, controllevels and the nature of any trade ban.

Keywords: agricultural policy ; biosecurity ; international trade ; trade analysis and policy

Subject(s): Agricultural and Food Policy

International Relations/Trade

Issue Date: 2012

Publication Type: Journal Article

PURL Identifier: http://purl.umn.edu/211678 Published in: Australian Journal of Agricultural and Resource Economics, Volume 56, Issue 3 Page range: 385-404

Total Pages: 20

Record appears in: Australian Agricultural and Resource Economics Society (AARES) > Australian Journal of Agricultural and Resource Economics





Author: Tozer, Peter ; Marsh, Thomas

Source: http://ageconsearch.umn.edu/record/211678?ln=en







Related documents