Abstract

Infectious animal and plant diseases introduced through international trade in goods and services are a classic example of market externality. The potential harm they do is visited on people other than those engaged in their export or import, and is not taken into account in reaching export or import decisions. The use of economic instruments to internalize market externalities has been shown to yield substantial benefits in many areas of economic activity. By confronting decision-makers with the expected damage they cause, instruments of this kind have forced decision-makers to take the wider costs of their actions into account. This paper reviews the arguments for extending the range of instruments currently used to manage trade-related pest and pathogen risks, and assesses the options for deploying new instruments in the existing regulatory environment.

Original languageEnglish (US)
Pages (from-to)27-35
Number of pages9
JournalFood Security
Volume8
Issue number1
DOIs
StatePublished - Feb 1 2016

Fingerprint

Plant Diseases
Animal Diseases
animal diseases
international trade
plant diseases and disorders
world trade
imports
Communicable Diseases
animal
Economics
markets
Disease
economics
import
economic instrument
decision maker
market
pests
Costs and Cost Analysis
economic activity

Keywords

  • Animal diseases
  • Payments for environmental services
  • Plant diseases
  • Sanitary and phytosanitary agreement
  • Trade

ASJC Scopus subject areas

  • Agronomy and Crop Science
  • Food Science
  • Development

Cite this

Options for managing the infectious animal and plant disease risks of international trade. / Perrings, Charles.

In: Food Security, Vol. 8, No. 1, 01.02.2016, p. 27-35.

Research output: Contribution to journalArticle

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