World Trade Impacts of Foot and Mouth Disease in Taiwan
Frank H. Fuller, Jacinto F. Fabiosa, V. Premakumar
April 1997 [97-BP 16]
Fuller, F.H., J.F. Fabiosa, and V. Premakumar. 1997. "World Trade Impacts of Foot and Mouth Disease in Taiwan." Briefing paper 97-BP 16. Center for Agricultural and Rural Development, Iowa State University.
The recent ban on pork exports from Taiwan resulting from an outbreak of foot and mouth disease (FMD) in March 1997 will significantly alter future world trade patterns in pork. This study provides an in-depth analysis of the price and trade effects of this export ban. The analysis uses the Food and Agricultural Policy Research Institute (FAPRI) model of world agricultural production and trade to simulate the removal of Taiwan's pork exports from world markets. The model enables examination of the interaction among pork, other meats, feed grains, and protein meal feeds.