AgEcon Search (University of Minnesota, USA) · 2020 · 12 citations · 0 references
AgricultureAgricultural EconomicsFood ScienceAgricultural MarketingFood SafetyFoodborne Disease EpidemiologyAnimal Product SafetyFood Marketing EconomicsFood Price FormationFood Retail EconomicsFood Safety EconomicsDownstream TransactionsEscherichia ColiFood Recall AnalysisFood Recalls EconomicsFoodborne Illness Outbreak RecallsRecallsUpstream Transactions
We conducted an event study to examine the effect of E. coli recalls on prices in the vertically connected U.S. beef industry. Our findings show that the resulting price changes of beef products vary across stages in the U.S. beef industry and that the prices of disaggregated beef products are more vulnerable to E. coli recalls than the prices of aggregated products. This suggests that downstream agents transacting specific ground beef products may be more adversely affected by E. coli recalls than upstream agents trading live animals.