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Economic Effects of a Ban Against Antimicrobial Drugs Used in U.S. Beef Production

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Author Info
Kenneth H. Mathews, Jr. ()
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.

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Publisher Info
Article provided by Southern Agricultural Economics Association in its journal Journal of Agricultural & Applied Economics.

Volume (Year): 34 (2002)
Issue (Month): 3 (December)
Pages: 513-530
Download reference. The following formats are available: HTML, plain text, BibTeX, RIS (EndNote), ReDIF
Handle: RePEc:jaa:jagape:v:34:y:2002:i:3:p:513-530

Contact details of provider:
Postal: Secretary/Treasurer, Dept. of Agricultural and Applied Economics, University of Georgia, Georgia Experiment Station, Griffin, Georgia 30223
Fax: (770) 228-7208
Web page: http://www.saea.org/

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Related research
Keywords: antimicrobial drug ban beef production cost minimization feed efficiency growth function growth promotant.

Find related papers by JEL classification:
C61 - Mathematical and Quantitative Methods - - Mathematical Methods and Programming - - - Optimization Techniques; Programming Models; Dynamic Analysis
D21 - Microeconomics - - Production and Organizations - - - Firm Behavior
D41 - Microeconomics - - Market Structure and Pricing - - - Perfect Competition
I18 - Health, Education, and Welfare - - Health - - - Government Policy; Regulation; Public Health
Q11 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Aggregate Supply and Demand Analysis; Prices
Q12 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Micro Analysis of Farm Firms, Farm Households, and Farm Input Markets
Q18 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Policy; Food Policy
R38 - Urban, Rural, and Regional Economics - - Production Analysis and Firm Location - - - Government Policies; Regulatory Policies

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