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Modeling the Impact of Food Safety Information with No Information

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  • Mazzocchi, Mario

Abstract

This paper aims to propose a stochastic approach to measure the time pattern of a food scare, which does not require the inclusion of additional explanatory variables such as a news index. The application is based on the 1982 Heptachlor milk contamination in Oahu, Hawaii.

Suggested Citation

  • Mazzocchi, Mario, 2004. "Modeling the Impact of Food Safety Information with No Information," 2004 Annual meeting, August 1-4, Denver, CO 20252, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    • Handle: RePEc:ags:aaea04:20252
    DOI: 10.22004/ag.econ.20252
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    File URL: https://ageconsearch.umn.edu/record/20252/files/sp04ma06.pdf
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    References listed on IDEAS

    as
    1. Nicholas E. Piggott & Thomas L. Marsh, 2004. "Does Food Safety Information Impact U.S. Meat Demand?," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 86(1), pages 154-174.
    2. Mark E. Smith & Eileen O. van Ravenswaay & Stanley R. Thompson, 1988. "Sales Loss Determination in Food Contamination Incidents: An Application to Milk Bans in Hawaii," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 70(3), pages 513-520.
    3. Ernst R. Berndt & Bronwyn H. Hall & Robert E. Hall & Jerry A. Hausman, 1974. "Estimation and Inference in Nonlinear Structural Models," NBER Chapters, in: Annals of Economic and Social Measurement, Volume 3, number 4, pages 653-665, National Bureau of Economic Research, Inc.
    4. Shiping Liu & Ju‐Chin Huang & Gregory L. Brown, 1998. "Information and Risk Perception: A Dynamic Adjustment Process," Risk Analysis, John Wiley & Sons, vol. 18(6), pages 689-699, December.
    5. Foster, William & Just, Richard E., 1989. "Measuring welfare effects of product contamination with consumer uncertainty," Journal of Environmental Economics and Management, Elsevier, vol. 17(3), pages 266-283, November.
    6. Smith, Mark E. & Ravenswaay, Eileen O. van & Thompson, Stanley R., 1984. "The Economic Consequences of Food Contamination: A Case Study of Heptachlor Contamination of Oahu Milk," Agricultural Economic Report Series 201336, Michigan State University, Department of Agricultural, Food, and Resource Economics.
    7. Mario Mazzocchi, 2003. "Time-varying coefficients in the Almost Ideal Demand System: an empirical appraisal," European Review of Agricultural Economics, Oxford University Press and the European Agricultural and Applied Economics Publications Foundation, vol. 30(2), pages 241-270, June.
    Full references (including those not matched with items on IDEAS)

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