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Remote Laboratory Management: Respiratory Virus Diagnostics
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Managing dynamic epidemiological risks through trade.

Richard D Horan1, Eli P Fenichel2, David Finnoff3

  • 1Michigan State University, Department of Agricultural, Food and Resource Economics, Morrill Agriculture Hall, East Lansing, MI 48824, USA.

Journal of Economic Dynamics & Control
|April 28, 2015
PubMed
Summary
This summary is machine-generated.

International trade can surprisingly reduce disease spread risks in live animal markets. By managing endemic pathogen risks, trade may decrease long-term disease prevalence for buyers.

Keywords:
ArbitrageBioeconomicsInfectious diseaseJoint determinationThresholds

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Area of Science:

  • Bioeconomics
  • Epidemiology
  • International Trade

Background:

  • Global trade connects regions, increasing risks of invasive pathogen and pest spread.
  • Biological pollution from trade poses significant threats to ecosystem and human health.
  • Live animal trade is a key pathway for pathogen transmission.

Purpose of the Study:

  • To examine if trade universally increases private risks, specifically pathogen risks in live animal trade.
  • To analyze the role of endemic diseases and private risk management in trade dynamics.

Main Methods:

  • Utilized a bioeconomic framework.
  • Modeled pathogen risks within the context of live animal trade.
  • Incorporated dynamic feedback processes and inventory management.

Main Results:

  • Uncertainty in animal disease status may increase trade incentives, contrary to expectations.
  • Trade can lead to reduced long-run disease prevalence among animal buyers.
  • Market mechanisms facilitate the management of private risks faced by producers.

Conclusions:

  • Trade does not always increase private pathogen risks, especially when diseases are endemic.
  • Endogenous disease risks and market functions create counterintuitive trade outcomes.
  • Live animal trade can, under certain conditions, contribute to disease control for buyers.