The Effects of Mad Cow Disease on U.S. Live Cattle Futures Price

Due to red meat consumption, bovine spongiform encephalopathy (BSE) disease has been a major human health concern since its discovery in 1986. An event study approach was applied to determine the impact of BSE official events that occurred in the United Kingdom on U.S. live cattle futures prices. When abnormal returns were aggregated during the course of the events, the price series were adversely affected, mainly after the event day. This suggests that market reaction was dissipated quickly and that no leakage of information occurred prior to the event.


Issue Date:
2003-08
Publication Type:
Journal Article
PURL Identifier:
http://purl.umn.edu/43215
Published in:
Journal of Agricultural and Applied Economics, Volume 35, Number 2
Page range:
407-413
Total Pages:
7
JEL Codes:
Q11; Q13; Q14; Q17




 Record created 2017-04-01, last modified 2017-04-04

Fulltext:
Download fulltext
PDF

Rate this document:

Rate this document:
1
2
3
 
(Not yet reviewed)