ECONOMIC EFFECTS OF A BAN AGAINST ANTIMICROBIAL DRUGS USED IN U.S. BEEF PRODUCTION
Journal of Agricultural and Applied Economics, 2002, vol. 34, issue 3, 18
Economic effects for three scenarios of antimicrobial drug use in livestock production -- a no-ban scenario and two levels of bans -- are examined through cost minimization and a partial equilibrium analysis. Results indicate that regulating antimicrobial drug use in livestock production would increase per-unit costs of producers previously using drugs and reduce beef supplies in the short run, reducing consumer surplus. Producers not previously using drugs would benefit from short-run price increases.
Keywords: Livestock; Production/Industries (search for similar items in EconPapers)
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Journal Article: Economic Effects of a Ban Against Antimicrobial Drugs Used in U.S. Beef Production (2002)
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Persistent link: https://EconPapers.repec.org/RePEc:ags:joaaec:15068
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