Long-Run Effects of BSE on Meat Consumption
journal contributionposted on 07.06.2017 by Bialowas, Adam, Farrell, Lisa, Harris, Mark N., Polidano, Cain
Any type of content formally published in an academic journal, usually following a peer-review process.
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.