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Optimal Antimicrobial Use under Countervailing Externalities

Delmond, Anthony R. and Ahmed, Haseeb (2021). Optimal Antimicrobial Use under Countervailing Externalities. Journal of Agricultural and Resource Economics. 46 , 490-508
[Research article]

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Abstract

Over-or underprovision of antimicrobials under free-riding and resistance externalities can be economically important through their impacts on animal health, human health, and food security. This paper models antimicrobial use given disease dynamics with (i) free-riding incentives and (ii) antimicrobial resistance. Our results suggest a strong potential for overprovision of antimicrobials when ignoring resistance dynamics. Numerical simulation indicates an increase in the cost of disease management with increases in resistance levels. Policy implications are discussed in the context of animal health and disease-control subsidy programs in the developing world as well as unregulated sale of antimicrobials.

Authors/Creators:Delmond, Anthony R. and Ahmed, Haseeb
Title:Optimal Antimicrobial Use under Countervailing Externalities
Series Name/Journal:Journal of Agricultural and Resource Economics
Year of publishing :2021
Volume:46
Page range:490-508
Number of Pages:19
Publisher:WESTERN AGRICULTURAL ECONOMICS ASSOC
ISSN:1068-5502
Language:English
Publication Type:Research article
Article category:Scientific peer reviewed
Version:Published version
Copyright:Creative Commons: Attribution-Noncommercial 4.0
Full Text Status:Public
Subjects:(A) Swedish standard research categories 2011 > 5 Social Sciences > 502 Economics and Business > Economics
Keywords:antimicrobial resistance, free riding, livestock disease, smallholder production
URN:NBN:urn:nbn:se:slu:epsilon-p-113943
Permanent URL:
http://urn.kb.se/resolve?urn=urn:nbn:se:slu:epsilon-p-113943
Additional ID:
Type of IDID
DOI10.22004/ag.econ.307456
Web of Science (WoS)000703560700009
ID Code:25661
Faculty:VH - Faculty of Veterinary Medicine and Animal Science
Department:(VH) > Dept. of Clinical Sciences
Deposited By: SLUpub Connector
Deposited On:14 Oct 2021 10:25
Metadata Last Modified:14 Oct 2021 10:31

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