How valuable are antimicrobials for pig production? An econometric analysis
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How valuable are antimicrobials for pig production? An econometric analysis. / Jensen, Jørgen Dejgård; Belay, Dagim; Olsen, Jakob Vesterlund.
I: Journal of Agricultural and Resource Economics, Bind 46, Nr. 3, 2021, s. 509-525.Publikation: Bidrag til tidsskrift › Tidsskriftartikel › fagfællebedømt
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TY - JOUR
T1 - How valuable are antimicrobials for pig production?
T2 - An econometric analysis
AU - Jensen, Jørgen Dejgård
AU - Belay, Dagim
AU - Olsen, Jakob Vesterlund
PY - 2021
Y1 - 2021
N2 - This study analyzes the economic consequences of reduced antimicrobial use for Danish pig producers. From estimated profit functions, shadow prices of antimicrobials were derived for different groups of farms. Results suggest that the average pig farmer's access to antimicrobials represents an economic value of around 1.75-4 euro cents for the marginal standard unit dose in the short run on farms with both systematically high and low antimicrobial use but a lower value in the long run, with considerable heterogeneity among farms. Restrictions on antimicrobial use in pig production are likely to imply losses to parts of the Danish pig sector.
AB - This study analyzes the economic consequences of reduced antimicrobial use for Danish pig producers. From estimated profit functions, shadow prices of antimicrobials were derived for different groups of farms. Results suggest that the average pig farmer's access to antimicrobials represents an economic value of around 1.75-4 euro cents for the marginal standard unit dose in the short run on farms with both systematically high and low antimicrobial use but a lower value in the long run, with considerable heterogeneity among farms. Restrictions on antimicrobial use in pig production are likely to imply losses to parts of the Danish pig sector.
U2 - 10.22004/ag.econ.310520
DO - 10.22004/ag.econ.310520
M3 - Journal article
VL - 46
SP - 509
EP - 525
JO - Journal of Agricultural and Resource Economics
JF - Journal of Agricultural and Resource Economics
SN - 1068-5502
IS - 3
ER -
ID: 280665829