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Economic Analysis of Pharmaceutical Technologies in

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  • Ibarburu, Maro
  • Lawrence, John D.

Abstract

This research extends Preston and Elam's earlier work by using meta-analysis to combine information from over 170 research trials evaluating pharmaceutical technologies in the cow-calf, stocker and feedlot segments of beef production. These results were used to estimate the economic value of parasite control, growth promotant implants, sub-therapeutic antibiotics, ionophores and beta agonists at the farm/ranch level in 2005. These results were analyzed using the Food and Agriculture Policy Research Institute (FAPRI) model of U.S. agriculture to estimate the impact on beef production, price, and trade if these pharmaceutical technologies were removed from the market.

Suggested Citation

  • Ibarburu, Maro & Lawrence, John D., 2007. "Economic Analysis of Pharmaceutical Technologies in," Staff General Research Papers Archive 12796, Iowa State University, Department of Economics.
    • Handle: RePEc:isu:genres:12796
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    Cited by:

    1. Pruitt, J. Ross & Gillespie, Jeffrey M. & Nehring, Richard F. & Qushim, Berdikul, 2012. "Adoption of Technology, Management Practices, and Production Systems by U.S. Beef Cow-Calf Producers," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 44(2), pages 203-222, May.
    2. Sneeringer, Stacy & MacDonald, James & Key, Nigel & McBride, William & Mathews, Ken, 2015. "Economics of Antibiotic Use in U.S. Livestock Production," Economic Research Report 229202, United States Department of Agriculture, Economic Research Service.
    3. Maples, Joshua G. & Lusk, Jayson L. & Peel, Derrell S., 2019. "Technology and evolving supply chains in the beef and pork industries," Food Policy, Elsevier, vol. 83(C), pages 346-354.
    4. Boaitey, Albert & Goddard, Ellen & Mohapatra, Sandeep & Crowley, John, 2017. "Feed Efficiency Estimates in Cattle: The Economic and Environmental Impacts of Reranking," Sustainable Agriculture Research, Canadian Center of Science and Education, vol. 6(2), May.
    5. Dagim G. Belay & Jørgen D. Jensen, 2022. "Quantitative input restriction and farmers’ economic performance: Evidence from Denmark's yellow card initiative on antibiotics," Journal of Agricultural Economics, Wiley Blackwell, vol. 73(1), pages 155-171, February.

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