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Welfare Effects of the National Pseudorabies Eradication Program
Eric D. Ebel, Robert H. Hornbaker and Carl H. Nelson
American Journal of Agricultural Economics
Vol. 74, No. 3 (Aug., 1992), pp. 638-645
Stable URL: http://www.jstor.org/stable/1242576
Page Count: 8
You can always find the topics here!Topics: Herds, Pseudorabies, Hogs, Producer surplus, Elasticity of supply, Infections, Cost estimates, Capital costs, Market prices, Production costs
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A welfare methodology is adapted to evaluate market and distributional effects of a completed pseudorabies eradication effort in the U.S. The model predicts small market effects from pseudorabies eradication. Welfare analysis suggests that, in states generating relatively large hog numbers, producers will experience a net gain from eradication in all scenarios considered, yet in smaller hog producing areas individual hog operations may lose producer surplus. Consumer surplus changes vary by scenario but are always positive. In general, the national pseudorabies eradication program is shown to be economically efficient.
American Journal of Agricultural Economics © 1992 Agricultural & Applied Economics Association