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Long-Run Effects of BSE on Meat Consumption

Author

Listed:
  • Adam Bialowas
  • Lisa Farrell
  • Mark N. Harris
  • Cain Polidano

Abstract

This paper considers the long-run effects of BSE on meat consumption in the United Kingdom using data from the Expenditure and Food Survey. We estimate a dynamic AIDS demand system of household food consumption, with long-run effects captured via an adstock index of adverse media coverage. The results suggest that there are long-run impacts on meat consumption that extend well beyond the period of the scare. In addition, press articles with pictures have a greater, and more long-lasting effect, on long-run consumption than articles with words alone.

Suggested Citation

  • Adam Bialowas & Lisa Farrell & Mark N. Harris & Cain Polidano, 2007. "Long-Run Effects of BSE on Meat Consumption," Monash Econometrics and Business Statistics Working Papers 13/07, Monash University, Department of Econometrics and Business Statistics.
    • Handle: RePEc:msh:ebswps:2007-13
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    File URL: http://www.buseco.monash.edu.au/ebs/pubs/wpapers/2007/wp13-07.pdf
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    More about this item

    Keywords

    Food health scares; Adstock; BSE; demand systems; meat demand;
    All these keywords.

    JEL classification:

    • Q10 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - General
    • Q18 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Policy; Food Policy; Animal Welfare Policy
    • D12 - Microeconomics - - Household Behavior - - - Consumer Economics: Empirical Analysis

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