Food scares, advertising, and the demand for meat cuts in Great Britain

Fousekis, Panos; Revell, Brian J.

doi:10.1080/16507540410019674

Cited by 2 publications

(2 citation statements)

References 40 publications

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“…Disease and other contamination incidents potentially leading to unsafe food products can cause a significant decline in consumer demand and substantial losses in sales, both for the contaminated product and for the uncontaminated products that are close substitutes. This has been documented in a number of studies for various foods (Bakhtavoryan, Capps, and Salin, 2012;Burton and Young, 1996;Fousekis and Revell, 2004;Piggott and Marsh, 2004;Pritchett et al, 2007;Uchida, Roheim, and Johnston, 2017;Verbeke and Ward, 2001), as well as specifically for salmon (Liu, Lien, and Asche, 2016;Sha et al, 2015). Several studies have also demonstrated a country-of-origin effect for 1 One example of a large disaster with limited impact on the seafood market is the Fukushima accident (Wakamatsu and Miyata, 2016).…”

Section: Introductionmentioning

confidence: 93%

Market Shocks in Salmon Aquaculture: The Impact of the Chilean Disease Crisis

Asche

Cojocaru

Sikveland

2018

J. Agric. Appl. Econ.

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Abstract.Several studies indicate an integrated global market for salmon. However, there is increasing evidence of market segmentation for various seafood species. A disease crisis in Chile that reduced production by two-thirds provides a strong market shock that can shed light on how strongly integrated the salmon market is. Our results indicate that Chilean producers changed the product mix and export markets as a result of the disease shock. Yet, the relative prices remained constant, indicating a high degree of market integration. Moreover, Chilean prices are endogenous to the Norwegian price, indicating that prices are determined at the global market.

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Section: Introductionmentioning

confidence: 93%

Market Shocks in Salmon Aquaculture: The Impact of the Chilean Disease Crisis

Asche

Cojocaru

Sikveland

2018

J. Agric. Appl. Econ.

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“…Finally, another group of studies evaluated consumer responsiveness to both negative and positive (e.g. advertising) information (Verbeke andWard 2001, Fousekis andRevell 2004).…”

Section: Literature Reviewmentioning

confidence: 99%

Impact of Food Contamination on Brands: A Demand Systems Estimation of Peanut Butter

Bakhtavoryan

Capps²,

Salin

2012

Agric. resour. econ. rev.

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A 2007 food-borne illness incident involving peanut butter is linked with structural change in consumer demand. Compensated and uncompensated own- and cross-price elasticities and expenditure elasticities were calculated for leading brands before and after the product recall using the Barten synthetic model and weekly time-series data from 2006 through 2008. Statistically significant differences in price elasticities for the affected brand, Peter Pan, were absent. After a period of 27 weeks, this brand essentially recovered from the food safety crisis. Significant differences in price elasticities were evident among non-affected brands. Hence, spillover effects and heightened competition are associated with the recall.

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Food scares, advertising, and the demand for meat cuts in Great Britain

Cited by 2 publications

References 40 publications

Market Shocks in Salmon Aquaculture: The Impact of the Chilean Disease Crisis

Market Shocks in Salmon Aquaculture: The Impact of the Chilean Disease Crisis

Impact of Food Contamination on Brands: A Demand Systems Estimation of Peanut Butter

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