posted on 2017-06-07, 04:40authored byBialowas, 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.
History
Year of first publication
2007
Series
Department of Econometrics and Business Statistics.