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Thomas L Marsh - One of the best experts on this subject based on the ideXlab platform.
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does Food safety information impact u s meat demand
Social Science Research Network, 2004Co-Authors: Nicholas E Piggott, Thomas L MarshAbstract:A theoretical model of consumer response to publicized Food safety information on meat demand is developed with an empirical application to U.S. meat consumption. Evidence is found for the existence of pre-committed levels of consumption, seasonal factors, time trends, and contemporaneous own- and cross-Commodity Food safety concerns. The average demand response to Food safety concerns is small, especially in comparison to price effects, and to previous estimates of health related issues. This small average effect masks periods of significantly larger responses corresponding with prominent Food safety events, but these larger impacts are short-lived with no apparent Food safety lagged effects on demand.
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does Food safety information impact u s meat demand
American Journal of Agricultural Economics, 2004Co-Authors: Nicholas E Piggott, Thomas L MarshAbstract:A theoretical model of consumer response to publicized Food safety information on meat demand is developed with an empirical application to U.S. meat consumption. Evidence is found for the existence of pre-committed levels of consumption, seasonal factors, time trends, and contemporaneous own- and cross-Commodity Food safety concerns. The average demand response to Food safety concerns is small, especially in comparison to price effects, and to previous estimates of health related issues. This small average effect masks periods of significantly larger responses corresponding with prominent Food safety events, but these larger impacts are short-lived with no apparent Food safety lagged effects on Food safety concerns in the United States have dramatically increased in the past decade with regard to incidences of contaminated meat products. Concerns have arisen because contaminated meat products can result in serious risk to the well being and health of consumers. Contamination comes from a myriad of sources, including but not limited to, outbreaks of Listeria monocytogenes, Escherichia coli (E. coli), and Salmonella (Centers for Disease Control and Prevention). Food safety problems are not isolated to the United States as other unsafe contaminates in meats have emerged across the world, including highly publicized outbreaks of Bovine Spongiform Encephalopathy (BSE) in Europe. The potential impacts of publicized Food safety events on consumer’s demand for meat products in the United States include own-effects on the demand for the contaminated meat involved as well as cross-effects impacting the demand for other meats. The objective of this article is to investigate whether publicized Food safety concerns surrounding beef, pork, and poultry (chicken and turkey) have impacted meat consumption. Food safety indices are constructed separately for beef, pork, and poultry
Nicholas E Piggott - One of the best experts on this subject based on the ideXlab platform.
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does Food safety information impact u s meat demand
Social Science Research Network, 2004Co-Authors: Nicholas E Piggott, Thomas L MarshAbstract:A theoretical model of consumer response to publicized Food safety information on meat demand is developed with an empirical application to U.S. meat consumption. Evidence is found for the existence of pre-committed levels of consumption, seasonal factors, time trends, and contemporaneous own- and cross-Commodity Food safety concerns. The average demand response to Food safety concerns is small, especially in comparison to price effects, and to previous estimates of health related issues. This small average effect masks periods of significantly larger responses corresponding with prominent Food safety events, but these larger impacts are short-lived with no apparent Food safety lagged effects on demand.
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does Food safety information impact u s meat demand
American Journal of Agricultural Economics, 2004Co-Authors: Nicholas E Piggott, Thomas L MarshAbstract:A theoretical model of consumer response to publicized Food safety information on meat demand is developed with an empirical application to U.S. meat consumption. Evidence is found for the existence of pre-committed levels of consumption, seasonal factors, time trends, and contemporaneous own- and cross-Commodity Food safety concerns. The average demand response to Food safety concerns is small, especially in comparison to price effects, and to previous estimates of health related issues. This small average effect masks periods of significantly larger responses corresponding with prominent Food safety events, but these larger impacts are short-lived with no apparent Food safety lagged effects on Food safety concerns in the United States have dramatically increased in the past decade with regard to incidences of contaminated meat products. Concerns have arisen because contaminated meat products can result in serious risk to the well being and health of consumers. Contamination comes from a myriad of sources, including but not limited to, outbreaks of Listeria monocytogenes, Escherichia coli (E. coli), and Salmonella (Centers for Disease Control and Prevention). Food safety problems are not isolated to the United States as other unsafe contaminates in meats have emerged across the world, including highly publicized outbreaks of Bovine Spongiform Encephalopathy (BSE) in Europe. The potential impacts of publicized Food safety events on consumer’s demand for meat products in the United States include own-effects on the demand for the contaminated meat involved as well as cross-effects impacting the demand for other meats. The objective of this article is to investigate whether publicized Food safety concerns surrounding beef, pork, and poultry (chicken and turkey) have impacted meat consumption. Food safety indices are constructed separately for beef, pork, and poultry
Timothy J Wallington - One of the best experts on this subject based on the ideXlab platform.
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impact of biofuel production and other supply and demand factors on Food price increases in 2008
Biomass & Bioenergy, 2011Co-Authors: Sherry A Mueller, James E Anderson, Timothy J WallingtonAbstract:Abstract The prices of some grain commodities more than doubled from March 2007 to March 2008. Increased Food prices coincided with increasing global biofuel production, leading to speculation that biofuel production was responsible for the increased Food prices. However, over the six-month period after March 2008, grain prices declined by 50% while biofuel production continued to increase. It is not possible to reconcile claims that biofuel production was the major factor driving Food price increases in 2007–2008 with the decrease in Food prices and increase in biofuel production since mid-2008. The available data suggests that record grain prices in 2008 were not caused by increased biofuel production, but were actually the result of a speculative bubble related to high petroleum prices, a weak US dollar, and increased volatility due to Commodity index fund investments. Many factors converged in 2007–2008 to increase Food and related Commodity prices including increased demand, decreased supply, and increased production costs driven by higher energy and fertilizer costs. Disentangling these factors and providing a precise quantification of their contributions is a difficult, perhaps impossible, task. In 2008, several reports were published by governmental and international agencies that speculated on the cause of increased Food prices worldwide. Taken together, the available analyses suggest that biofuel production had a modest (3–30%) contribution to the increase in Commodity Food prices observed up to mid-2008. The development of second-generation biofuels (e.g., cellulosic ethanol) which use non-Food residual biomass or non-Food crops should mitigate any future impact of biofuel production on Food prices.
Sherry A Mueller - One of the best experts on this subject based on the ideXlab platform.
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impact of biofuel production and other supply and demand factors on Food price increases in 2008
Biomass & Bioenergy, 2011Co-Authors: Sherry A Mueller, James E Anderson, Timothy J WallingtonAbstract:Abstract The prices of some grain commodities more than doubled from March 2007 to March 2008. Increased Food prices coincided with increasing global biofuel production, leading to speculation that biofuel production was responsible for the increased Food prices. However, over the six-month period after March 2008, grain prices declined by 50% while biofuel production continued to increase. It is not possible to reconcile claims that biofuel production was the major factor driving Food price increases in 2007–2008 with the decrease in Food prices and increase in biofuel production since mid-2008. The available data suggests that record grain prices in 2008 were not caused by increased biofuel production, but were actually the result of a speculative bubble related to high petroleum prices, a weak US dollar, and increased volatility due to Commodity index fund investments. Many factors converged in 2007–2008 to increase Food and related Commodity prices including increased demand, decreased supply, and increased production costs driven by higher energy and fertilizer costs. Disentangling these factors and providing a precise quantification of their contributions is a difficult, perhaps impossible, task. In 2008, several reports were published by governmental and international agencies that speculated on the cause of increased Food prices worldwide. Taken together, the available analyses suggest that biofuel production had a modest (3–30%) contribution to the increase in Commodity Food prices observed up to mid-2008. The development of second-generation biofuels (e.g., cellulosic ethanol) which use non-Food residual biomass or non-Food crops should mitigate any future impact of biofuel production on Food prices.
Govinda R Timilsina - One of the best experts on this subject based on the ideXlab platform.
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the impact of biofuels on Commodity Food prices assessment of findings
American Journal of Agricultural Economics, 2013Co-Authors: David Zilberman, Gal Hochman, Deepak Rajagopal, Steve Sexton, Govinda R TimilsinaAbstract:For years, agriculture has provided most of the fuel for vehicular transportation. Concerns about availability of fuels, balance of trade, and climate change led to the introduction of biofuel programs in the United States, Brazil,EuropeanUnion(EU),andothercountries. The impacts of these programs and the relationship between the Food and fuel markets have become major topics of economic research. This paper summarizes the main findings of alternative lines of research on the relationship between the Food and fuel markets and identifies gaps and quandaries that warrant further research. This is not meant to be a complete survey, and it emphasizes several of our studies within the broader literature. The paper distinguishes between two bodies of literature: one on the relationship between Food and fuel prices and another on the impact of the introduction of biofuel on Commodity Food prices. While biofuel prices do not seem to affect Food-Commodity prices, we explain why the introduction of biofuel does. Moreover,biofuelshavenotbeenthemostdominant contributor to the recent Food-price inflation and different biofuels have different impacts.