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Long-Run Effects of BSE on Meat Consumption

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posted on 07.06.2017 by Bialowas, Adam, Farrell, Lisa, Harris, Mark N., Polidano, Cain
This paper considers the long-run effects of BSE on meat consumption in the United Kingdom using data from the Expenditure and Food Survey. We estimate a dynamic AIDS demand system of household food consumption, with long-run effects captured via an adstock index of adverse media coverage. The results suggest that there are long-run impacts on meat consumption that extend well beyond the period of the scare. In addition, press articles with pictures have a greater, and more long- lasting effect, on long-run consumption than articles with words alone.

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Year of first publication

2007

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Department of Econometrics and Business Statistics.

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