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

Published online by Cambridge University Press:  28 April 2015

Kenneth H. Mathews Jr.*
Affiliation:
Animal Products Branch, Economic Research Service, U.S. Department of Agriculture, Washington, D.C

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.

Type
Articles
Copyright
Copyright © Southern Agricultural Economics Association 2002

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