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Welfare Effects of the National Pseudorabies Eradication Program
Author(s) -
Ebel Eric D.,
Hornbaker Robert H.,
Nelson Carl H.
Publication year - 1992
Publication title -
american journal of agricultural economics
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.949
H-Index - 111
eISSN - 1467-8276
pISSN - 0002-9092
DOI - 10.2307/1242576
Subject(s) - pseudorabies , welfare , animal welfare , economic surplus , economics , business , public economics , virology , biology , virus , market economy , ecology
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.