Commodity Trade Analysis in a General Equilibrium Framework: BSE Restrictions on Beef Imports from the United States and Canada

22 Pages Posted: 1 Dec 2008

See all articles by Marinos E. Tsigas

Marinos E. Tsigas

U.S. International Trade Commission

John N. Giamalva

U.S. International Trade Commission

Nicholas Grossman

United States International Trade Commission

Joseph Kowalski

affiliation not provided to SSRN

Date Written: November 28, 2008

Abstract

This paper estimates the economic impacts of BSE-related restrictions imposed on beef imports from the United States and Canada in 2004. The analysis is based on a simulation framework which consists of a partial equilibrium (PE) model and a general equilibrium (GE) model. The PE model focuses on bilateral trade in beef products at the HS six-digit level. The GE model is an economy-wide computable general equilibrium model of bilateral trade specified at an aggregate product level. It is estimated that the long-term effects of the 2004 BSE bans were a $3.1 billion, or 84 percent decline in annual U.S. beef exports; a 6 percent decline in the supply of U.S. beef cattle; a $1.3 billion, or 9 percent decline in beef cattle sales revenue; and a $2.7 billion, or 7 percent decline in beef packing sales revenue.

Keywords: Beef trade, BSE restrictions

JEL Classification: Q17, F13

Suggested Citation

Tsigas, Marinos E. and Giamalva, John N. and Grossman, Nicholas Jacob and Kowalski, Joseph, Commodity Trade Analysis in a General Equilibrium Framework: BSE Restrictions on Beef Imports from the United States and Canada (November 28, 2008). Available at SSRN: https://ssrn.com/abstract=1308624 or http://dx.doi.org/10.2139/ssrn.1308624

Marinos E. Tsigas (Contact Author)

U.S. International Trade Commission ( email )

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Washington, DC 20436
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John N. Giamalva

U.S. International Trade Commission ( email )

500 E Street, S.W.
Washington, DC 20436
United States

Nicholas Jacob Grossman

United States International Trade Commission ( email )

500 E Street, SW
Washington, DC 20436
United States
202-205-3260 (Phone)
202-205-2340 (Fax)

HOME PAGE: http://www.usitc.gov

Joseph Kowalski

affiliation not provided to SSRN ( email )

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