The Economics of Fmd Outbreaks in the United States
نویسندگان
چکیده
Methods for analysing a hypothetical Foot and Mouth Disease (FMD) outbreak in the United States have improved greatly over cost-benefit methods. The estimated magnitudes vary greatly depending on assumptions about the epidemiological input, export loss and recovery, and consumer response. Greater consensus on those assumptions would narrow the range of estimates. Current research uses improved measures of economic welfare and has enhanced understanding of trade-offs in economic welfare that could affect compensation rules. Analyses have shown economic welfare gains from early detection but not from vaccination. Further research is needed to improve consideration of movement restrictions and animal welfare concerns.
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