AN EQUILIBRIUM ANALYSIS OF THE IMPACT OF ANTIBIOTICS BANS ON INVESTMENT IN APPLE ORCHARDS
1999
Hennessy, David A. | Roosen, Jutta
The decision to replant a fire blight-susceptible apple orchard is analyzed. Embedding the problem into an equilibrium framework facilitates the welfare analysis of changes in orchard survival probabilities arising from a ban on antibiotics use. We estimate the structural impacts and welfare changes of the ban.
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