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Political Economy of the U.S. Cattle and Beef Industry: Innovation Adoption and Implications for the Future

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  • Bailey, DeeVon

Abstract

Market innovation and investment are key elements contributing to the health and success of any industry. However, U.S. cattle and beef interests appear to be resisting some of the market innovations that are occurring in their industry. This includes resisting innovations designed to provide more information and transparency in the marketing chain, such as additional traceability provided by animal identification systems. This paper discusses how institutions supporting the U.S. cattle and beef industry may be failing the industry in terms of helping it adjust to new market conditions, including failing to help the industry foster market innovation. Recommendations are given relating to the first steps of government and the land-grant system can take to change research and extension agendas relating to the beef industry.

Suggested Citation

  • Bailey, DeeVon, 2007. "Political Economy of the U.S. Cattle and Beef Industry: Innovation Adoption and Implications for the Future," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 32(3), pages 1-14, December.
    • Handle: RePEc:ags:jlaare:7079
    DOI: 10.22004/ag.econ.7079
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    References listed on IDEAS

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    2. DeeVon Bailey & Jeremy Slade, 2004. "Factors Influencing Support for a National Animal Identification System for Cattle in the United States," Working Papers 2004-09, Utah State University, Department of Economics.
    3. Thor, Eric, III & Bailey, DeeVon & Silvac, Alejandro R. & Vickner, Steven S., 2007. "Economic Analysis of Incentives for Foreign Direct Investment in Beef Systems in Argentina and Uruguay," International Food and Agribusiness Management Review, International Food and Agribusiness Management Association, vol. 10(3), pages 1-22.
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    Cited by:

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    2. Crespi, John M. & Hahn, William & Jones, Keithly & Schulz, Lee L. & Chen, Chen-Ti, 2016. "A Study in U.S. Export Beef Competitiveness: Do Cattle Inventories Matter?," 2017 Allied Social Sciences Association (ASSA) Annual Meeting, January 6-8, 2017, Chicago, Illinois 250113, Agricultural and Applied Economics Association.
    3. Glynn Tonsor & Ted Schroeder, 2015. "Market impacts of E. Coli vaccination in U.S. Feedlot cattle," Agricultural and Food Economics, Springer;Italian Society of Agricultural Economics (SIDEA), vol. 3(1), pages 1-15, December.
    4. Martinez, Stephen W., 2011. "Brand Premiums in the U.S. Beef Industry," Journal of Food Distribution Research, Food Distribution Research Society, vol. 42(2), pages 1-15, July.
    5. Kim, Man-Keun & Tejeda, Hernan, 2018. "Implicit Cost of the 2010 Foot-and-Mouth Disease in Korea," Studies in Agricultural Economics, Research Institute for Agricultural Economics, vol. 120(3), December.

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