AN EQUILIBRIUM ANALYSIS OF THE IMPACT OF ANTIBIOTICS BANS ON INVESTMENT IN APPLE ORCHARDS

Abstract

The decision to replant a fire blight-susceptible apple orchard is analyzed. Embedding the problem into an equilibrium framework facilitates the welfare analysis of changes in orchard survival probabilities arising from a ban on antibiotics use. We estimate the structural impacts and welfare changes of the ban.antibiotics, apple orchard, dynamics, equilibrium, replanting, resistance, truncated Poisson process, Environmental Economics and Policy, Research and Development/Tech Change/Emerging Technologies,