[Slides]Economic Impact of a Potential Epidemic Shock to our Food Supply Chain – Steven Shwiff, Maryfrances Miller, Lirong Liu, Stephanie Shwiff
[Recording]Economic Impact of a Potential Epidemic Shock to our Food Supply Chain – Steven Shwiff, Maryfrances Miller, Lirong Liu, Stephanie Shwiff
Foot-and-mouth disease (FMD), a highly contagious viral disease that affects cows, pigs, and other cloven-hoofed animals, poses potential economic risk to the U.S. agricultural industry.
REMI cordially invites you to join us for a guest webinar presentation on Wednesday, November 28th from 2 to 3 p.m. EST that addresses the implications of FMD. Our guest presenters will be faculty members at Texas A&M University-Commerce’s Department of Economics and Finance: Professor Steven S. Shwiff, Assistant Professor Maryfrances Miller, and Assistant Professor Lirong Liu, along with Stephanie A. Shwiff, Research Economist at the National Wildlife Research Center.
They will examine how the economic impact of a spread of foot-and-mouth disease can be modeled using REMI software, such as the inclusion of cattle deaths in REMI policy variables.
The extent of the impacts is shaped in large part by the timing and spread of the disease, as well as by any mitigation efforts. The benefit of using REMI is that it allows policy makers to drill down to the specific employment impacts of an FMD spread.