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Effects of Market and Policy Shocks on the Canadian and U.S. Cattle and Beef Industries

Author

Listed:
  • Twine, Edgar
  • Rude, James
Abstract
The paper examines the impact of four exogenous shocks – exchange rate appreciation, feed price escalation, mandatory country of origin labeling, and economic recession – on the Canadian and U.S. beef cattle industries using a multi-market partial equilibrium model. Impacts on the U.S. industry are found to be relatively small compared to those on the Canadian industry. Country of origin labeling, and feed price escalation account for the largest decline in the welfare of Canadian cattle producers.

Suggested Citation

  • Twine, Edgar & Rude, James, 2012. "Effects of Market and Policy Shocks on the Canadian and U.S. Cattle and Beef Industries," 2012 Annual Meeting, August 12-14, 2012, Seattle, Washington 123565, Agricultural and Applied Economics Association.
    • Handle: RePEc:ags:aaea12:123565
    DOI: 10.22004/ag.econ.123565
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    File URL: https://ageconsearch.umn.edu/record/123565/files/AAEA2012_TWINE_RUDE_.pdf
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    Cited by:

    1. Ronen, Eyal & Dawar, Kamala, 2016. "How Necessary? A Comparison of Legal and Economic Assessments GATT Dispute Settlements under: Article XX(b), TBT 2.2 and SPS 5.6," MPRA Paper 83834, University Library of Munich, Germany.
    2. Taylor, Mykel R. & Tonsor, Glynn T., 2013. "Revealed Demand for Country-of-Origin Labeling of Meat in the United States," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 38(2), pages 1-13, August.

    More about this item

    Keywords

    Demand and Price Analysis; International Relations/Trade; Livestock Production/Industries; Marketing;
    All these keywords.

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