Questions have been raised regarding the economic costs of food-and-mouth disease (FMD) outbreak in the United States. This analysis examines how welfare changes are measured and argues that they must be decomposed by groups. Producers with animals quarantined and slaughtered because of FMD...

This analysis examines the economic impact of an outbreak of highly pathogenic avian influenza (HPAI) and the consequences of regionalization. The results suggest that an outbreak would have serious economic effects. Depending on the regionalization scenario, returns to capital and management in...

The paper surveys articles examining the economic impacts of a livestock disease outbreak and focuses on modeling issues. One set of papers considers setting an import barrier when there is a livestock disease risk. They show that the level of a risk-based import barrier is sensitive to the...

A quarterly spatial price equilibrium model of world wheat trade combined with Nash bargaining game models is employed to examine the effects of targeting European Community export markets under the United States' Export Enhancement Program. An EC response protecting the volume of EC wheat...