The United States imposed a tariff-rate quota (TRQ) on lamb meat in July 1999. Early analysis suggested the possibility that lamb growers could lose welfare via the creation of packer market power. This paper considers how subsequent events modify that analysis. Observed prices suggest reduced...

This paper examines economic factors present when setting quarantine zones for contagious livestock diseases like foot-and-mouth disease (FMD). A conceptual model explores the trade-offs as zone size expands. One trade-off is between the cost of economic activity inside the zone and the benefits...