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ECONOMIC EFFECTS OF A BAN AGAINST ANTIMICROBIAL DRUGS USED IN U.S. BEEF PRODUCTION

Kenneth Mathews

Journal of Agricultural and Applied Economics, 2002, vol. 34, issue 3, 18

Abstract: 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)
Date: 2002
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Persistent link: https://EconPapers.repec.org/RePEc:ags:joaaec:15068

DOI: 10.22004/ag.econ.15068

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