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On the need for more economic assessment of quarantine policies
Author(s) -
James Sallie,
Anderson Kym
Publication year - 1998
Publication title -
australian journal of agricultural and resource economics
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.683
H-Index - 49
eISSN - 1467-8489
pISSN - 1364-985X
DOI - 10.1111/1467-8489.00061
Subject(s) - quarantine , partial equilibrium , economics , international trade , public economics , business , economic analysis , international economics , general equilibrium theory , agricultural economics , microeconomics , ecology , biology
Quarantine policy reviews are becoming more sophisticated yet they still focus primarily on the effects of restrictions solely on import‐competing producers. A fuller analysis that includes the consumers demonstrates that even if imported diseases were to wipe out a local industry, the gains to consumers might outweigh the losses to import‐competing producers from removing a ban on imports. This article provides the simplest partial equilibrium framework for thinking more about the economics of quarantine policy measures using an empirical analysis of Australia’s ban on imports of bananas.