Long‐run impacts of trade shocks and export competitiveness: Evidence from the U.S. BSE event

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dc.contributor.author Crespi, John
dc.contributor.author Chen, Chen-Ti
dc.contributor.author Crespi, John
dc.contributor.author Hahn, William
dc.contributor.author Schulz, Lee
dc.contributor.author Schulz, Lee
dc.contributor.author Taha, Fawzi
dc.contributor.department Economics
dc.contributor.department Center for Agricultural and Rural Development
dc.date 2020-12-11T13:26:57.000
dc.date.accessioned 2021-02-25T18:23:06Z
dc.date.available 2021-02-25T18:23:06Z
dc.date.issued 2020-11-01
dc.description.abstract <p>This paper examines how comparative advantages of major beef exporters changed following the 2003 bovine spongiform encephalopathy (BSE) outbreak, which significantly disrupted the U.S. beef trade until approximately 2007. Using longitudinal data on beef export values and constructed revealed comparative advantage measures, we show that while some measures of the long‐run impacts of BSE on U.S. beef export competitiveness have returned to pre‐2003 levels, the U.S.’s comparative advantage has not. We also examine a hypothetical scenario of no BSE event in 2003 and predict that in the absence of the BSE outbreak, the U.S. beef sector would have been increasingly more competitive by 2017 than it actually was. Long‐term trade competitiveness may not simply return to normal even after a short‐term disruption.</p>
dc.description.comments <p>This article is published as Chen, Chen‐Ti, John M. Crespi, William Hahn, Lee L. Schulz, and Fawzi Taha. "Long‐run impacts of trade shocks and export competitiveness: Evidence from the US BSE event." <em>Agricultural Economics</em> 51, no. 6 (2020): 941-958. doi: <a href="https://doi.org/10.1111/agec.12602">10.1111/agec.12602</a>. </p>
dc.format.mimetype application/pdf
dc.identifier archive/lib.dr.iastate.edu/econ_las_pubs/768/
dc.identifier.articleid 1780
dc.identifier.contextkey 20531563
dc.identifier.s3bucket isulib-bepress-aws-west
dc.identifier.submissionpath econ_las_pubs/768
dc.identifier.uri https://dr.lib.iastate.edu/handle/20.500.12876/94099
dc.language.iso en
dc.source.bitstream archive/lib.dr.iastate.edu/econ_las_pubs/768/2020_Crespi_LongRunImpacts.pdf|||Sat Jan 15 01:52:00 UTC 2022
dc.source.uri 10.1111/agec.12602
dc.subject.disciplines Agricultural and Resource Economics
dc.subject.disciplines Behavioral Economics
dc.subject.disciplines Economic Theory
dc.subject.disciplines International Economics
dc.subject.disciplines Longitudinal Data Analysis and Time Series
dc.subject.keywords beef exports
dc.subject.keywords BSE
dc.subject.keywords comparative advantage
dc.subject.keywords competition
dc.subject.keywords international trade
dc.subject.keywords trade disruption
dc.title Long‐run impacts of trade shocks and export competitiveness: Evidence from the U.S. BSE event
dc.type article
dc.type.genre article
dspace.entity.type Publication
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