Abstract
Animal disease outbreaks can cause disruptions in domestic and international markets. Business continuity aims to provide a proactive approach to alleviate some of these negative effects on consumers, producers, and agribusinesses. Using a partial equilibrium model of the U.S. egg industry, the economic impacts of business continuity during an epidemiological simulated disease event are modeled. Results show total welfare losses can be reduced by allowing permitted movement during an outbreak given a specified level of biosecurity. Understanding the potential market responses business continuity can have on the market may lead to reductions in the negative implications of a disease event.
| Original language | English (US) |
|---|---|
| Pages (from-to) | 235-248 |
| Number of pages | 14 |
| Journal | Journal of Agricultural and Applied Economics |
| Volume | 51 |
| Issue number | 2 |
| DOIs | |
| State | Published - May 1 2019 |
Bibliographical note
Funding Information:The authors thank Kamina Johnson, Phillip Paarlberg, Ann Seitzinger, and the anonymous reviewers of this paper for improving its quality and content. This material is based on work supported by the U.S. Department of Homeland Security under Cooperative Agreement Number DHS 2010-ST-061-AG0002 and the U.S. Department of Agriculture under Cooperative Agreement Number 14-9200-0374. The views and conclusions in this document are those of the authors and should not be interpreted as necessarily representing the official polices, either expressed or implied, of the U.S. Department ofHomeland Security, the Institute for Infectious Animal Diseases, or the U.S. Department of Agriculture.
Publisher Copyright:
© The Author(s) 2019.
Keywords
- Avian influenza
- business continuity
- disease spread modeling
- partial equilibrium modeling
