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Table 2 Percentage change in endogenous variables of the equilibrium displacement models with adoption costs but no benefits scenario

From: Market impacts of E. Coli vaccination in U.S. Feedlot cattle

  No animal performance impact With animal performance impact
Endogenous variables Short run Intermediate Long run Short run Intermediate Long run
Retail beef quantity −0.27% −0.04% −0.01%’ −0.49% −0.06% −0.01%
Retail beef price 0.32% 0.04% 0.01% 0.58% 0.06% 0.01%
Wholesale beef quantity −0.51% −0.15% −0.04% −0.91% −0.27% −0.07%
Wholesale beef price 0.40% 0.16% 0.04% 0.72% 0.28% 0.07%
Slaughter cattle quantity −0.40% −0.28% −0.12% −0.72% −0.51% −0.21%
Slaughter cattle price −0.38% 0.26% 0.14% −0.68% 0.46% 0.25%
Feeder cattle quantity −0.23% −0.21% −0.09% −0.42% −0.37% −0.16%
Feeder cattle price −1.06% −0.15% −0.03% −1.91% −0.27% −0.06%
Imported wholesale beef quantity −0.38% −0.13% −0.04% −0.69% −0.24% −0.07%
Exported wholesale beef quantity −0.17% −0.24% −0.11% −0.30% −0.44% −0.20%
Imported wholesale beef price −0.21% −0.02% 0.00% −0.37% −0.04% −0.01%
Retail pork quantity 0.04% 0.01% 0.00% 0.08% 0.01% 0.00%
Retail pork price 0.02% 0.00% 0.00% 0.04% 0.00% 0.00%
Wholesale pork quantity 0.03% 0.01% 0.00% 0.05% 0.01% 0.00%
Wholesale pork price 0.02% 0.00% 0.00% 0.03% 0.00% 0.00%
Slaughter hogs quantity 0.01% 0.00% 0.00% 0.02% 0.01% 0.00%
Slaughter hogs price 0.03% 0.00% 0.00% 0.06% 0.01% 0.00%
Imported wholesale pork quantity 0.02% 0.00% 0.00% 0.03% 0.01% 0.00%
Exported wholesale pork quantity −0.02% 0.00% 0.00% −0.03% 0.00% 0.00%
Imported wholesale pork price 0.01% 0.00% 0.00% 0.02% 0.00% 0.00%
Retail poultry quantity 0.05% 0.01% 0.00% 0.08% 0.01% 0.00%
Retail poultry price 0.04% 0.00% 0.00% 0.08% 0.00% 0.00%
Wholesale poultry quantity 0.05% 0.01% 0.00% 0.09% 0.01% 0.00%
Wholesale poultry price 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Exported wholesale poultry quantity −0.32% −0.04% −0.01% −0.57% −0.08% −0.01%
  1. Note: These percentage changes are relative to 0% vaccination and verification adoption. Short-, intermediate-, and long-run corresponds to years 1, 5, and 10, respectively from the EDM simulated over 10 consecutive years. Percentage changes for each individual year are available upon request.