Please use this identifier to cite or link to this item:
https://hdl.handle.net/1959.11/14257
Title: | Domestic and trade impacts of foot-and-mouth disease on the Australian beef industry | Contributor(s): | Tozer, Peter (author); Marsh, Thomas L (author) | Publication Date: | 2012 | Open Access: | Yes | DOI: | 10.1111/j.1467-8489.2012.00586.x![]() |
Handle Link: | https://hdl.handle.net/1959.11/14257 | Abstract: | Australia is the sixth largest producer of beef and the second largest exporter of beef. Average beef exports from Australia are approximately 65 per cent of the total amount of beef produced, about 1.3 million tonnes. Australia is particularly vulnerable to diseases that are not endemic to the country and could close or disrupt its export markets for beef. In this study, we construct a bioeconomic optimisation model of the Australian beef industry that captures production and consumption decisions, domestically and internationally, and the impacts on the beef industry of a potentially catastrophic disease, foot-and-mouth disease (FMD). This study analyses localised to large-scale outbreaks and suggests that changes in economic surplus because of FMD range from a positive net gain of $57 million to a net loss of $1.7 billion, with impacts on producers and consumers varying depending on the location of the outbreak, control levels and the nature of any trade ban. | Publication Type: | Journal Article | Source of Publication: | The Australian Journal of Agricultural and Resource Economics, 56(3), p. 385-404 | Publisher: | Wiley-Blackwell Publishing Asia | Place of Publication: | Australia | ISSN: | 1467-8489 1364-985X |
Fields of Research (FoR) 2008: | 140303 Economic Models and Forecasting 140201 Agricultural Economics 070103 Agricultural Production Systems Simulation |
Fields of Research (FoR) 2020: | 380203 Economic models and forecasting 380101 Agricultural economics 300205 Agricultural production systems simulation |
Socio-Economic Objective (SEO) 2008: | 830301 Beef Cattle 910501 Agricultural and Environmental Standards |
Socio-Economic Objective (SEO) 2020: | 100401 Beef cattle 150401 Agricultural and environmental standards and calibrations |
Peer Reviewed: | Yes | HERDC Category Description: | C1 Refereed Article in a Scholarly Journal |
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Appears in Collections: | Journal Article |
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