The Economic Impacts of 2015 Avian Influenza Outbreak on the U.S. Turkey Industry and the Loss Mitigating Role of Free Trade Agreements

We investigate the economic impacts of the 2015 HPAI outbreak on turkey producers in Minnesota and the United States. Using a partial equilibrium model of the meat and poultry industry we find that the cost of the outbreak to U.S turkey producers was $225 million; $207 million of which were due to t...

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Bibliographic Details
Main Authors: Metin Çakır, Michael A Boland, Yanghao Wang
Format: Article in Journal/Newspaper
Language:unknown
Subjects:
Avian flu
Online Access:http://hdl.handle.net/10.1093/aepp/ppx027
id ftrepec:oai:RePEc:oup:apecpp:v:40:y:2018:i:2:p:297-315.
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spelling ftrepec:oai:RePEc:oup:apecpp:v:40:y:2018:i:2:p:297-315. 2024-04-14T08:09:23+00:00 The Economic Impacts of 2015 Avian Influenza Outbreak on the U.S. Turkey Industry and the Loss Mitigating Role of Free Trade Agreements Metin Çakır Michael A Boland Yanghao Wang http://hdl.handle.net/10.1093/aepp/ppx027 unknown http://hdl.handle.net/10.1093/aepp/ppx027 article ftrepec 2024-03-19T10:28:21Z We investigate the economic impacts of the 2015 HPAI outbreak on turkey producers in Minnesota and the United States. Using a partial equilibrium model of the meat and poultry industry we find that the cost of the outbreak to U.S turkey producers was $225 million; $207 million of which were due to the loss in exports. However, it could have been worse if not for implementation of regional bans by trading partners who have negotiated free trade agreements with the United States. Our results show that for every percentage point of additional exports, U.S. turkey producers avoided a loss of about $6 million. agribusiness, avian flu, demand, equilibrium displacement model, free trade, international trade policy, turkey Article in Journal/Newspaper Avian flu RePEc (Research Papers in Economics)
institution Open Polar
collection RePEc (Research Papers in Economics)
op_collection_id ftrepec
language unknown
description We investigate the economic impacts of the 2015 HPAI outbreak on turkey producers in Minnesota and the United States. Using a partial equilibrium model of the meat and poultry industry we find that the cost of the outbreak to U.S turkey producers was $225 million; $207 million of which were due to the loss in exports. However, it could have been worse if not for implementation of regional bans by trading partners who have negotiated free trade agreements with the United States. Our results show that for every percentage point of additional exports, U.S. turkey producers avoided a loss of about $6 million. agribusiness, avian flu, demand, equilibrium displacement model, free trade, international trade policy, turkey
format Article in Journal/Newspaper
author Metin Çakır
Michael A Boland
Yanghao Wang
spellingShingle Metin Çakır
Michael A Boland
Yanghao Wang
The Economic Impacts of 2015 Avian Influenza Outbreak on the U.S. Turkey Industry and the Loss Mitigating Role of Free Trade Agreements
author_facet Metin Çakır
Michael A Boland
Yanghao Wang
author_sort Metin Çakır
title The Economic Impacts of 2015 Avian Influenza Outbreak on the U.S. Turkey Industry and the Loss Mitigating Role of Free Trade Agreements
title_short The Economic Impacts of 2015 Avian Influenza Outbreak on the U.S. Turkey Industry and the Loss Mitigating Role of Free Trade Agreements
title_full The Economic Impacts of 2015 Avian Influenza Outbreak on the U.S. Turkey Industry and the Loss Mitigating Role of Free Trade Agreements
title_fullStr The Economic Impacts of 2015 Avian Influenza Outbreak on the U.S. Turkey Industry and the Loss Mitigating Role of Free Trade Agreements
title_full_unstemmed The Economic Impacts of 2015 Avian Influenza Outbreak on the U.S. Turkey Industry and the Loss Mitigating Role of Free Trade Agreements
title_sort economic impacts of 2015 avian influenza outbreak on the u.s. turkey industry and the loss mitigating role of free trade agreements
url http://hdl.handle.net/10.1093/aepp/ppx027
genre Avian flu
genre_facet Avian flu
op_relation http://hdl.handle.net/10.1093/aepp/ppx027
_version_ 1796306886261211136

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