Household economic modelsof gill net fishermen at Madura strait

Science.gov (United States)

Primyastanto, M.

2018-04-01

The purposes of this research was to analyze household economic models of gill net fishermen at Madura strait. 30 families of gillnet fishermenwere used for purposive sampling. Data analysis used descriptive qualitative and quantitative (regression analysis). Quantitative descriptive analysis was used to analyze research and compare to factors that affecting household economic models of gill net fishermen family. Research results showed tha thousehold economic models of gill net fishermen at Madura strait was production value level or fishermen revenue at sea was strongly influenced byp roduction asset production, education level, fuel, and work flow. Work flow rate of fishermen families affected by asset production, non fisheries workflow and number of male workforce. Non fishing income level was strongly influenced by non-fishery business assets, number of family members owned andnon-fishing work flow. Spending levels of gill net fishermen at Madura strait was affected by fishing income, non-fishing income, fishermen wife education and fishermen family members.

Counting the cost: estimating the economic benefit of pedophile treatment programs.

Science.gov (United States)

Shanahan, M; Donato, R

2001-04-01

The principal objective of this paper is to identify the economic costs and benefits of pedophile treatment programs incorporating both the tangible and intangible cost of sexual abuse to victims. Cost estimates of cognitive behavioral therapy programs in Australian prisons are compared against the tangible and intangible costs to victims of being sexually abused. Estimates are prepared that take into account a number of problematic issues. These include the range of possible recidivism rates for treatment programs; the uncertainty surrounding the number of child sexual molestation offences committed by recidivists; and the methodological problems associated with estimating the intangible costs of sexual abuse on victims. Despite the variation in parameter estimates that impact on the cost-benefit analysis of pedophile treatment programs, it is found that potential range of economic costs from child sexual abuse are substantial and the economic benefits to be derived from appropriate and effective treatment programs are high. Based on a reasonable set of parameter estimates, in-prison, cognitive therapy treatment programs for pedophiles are likely to be of net benefit to society. Despite this, a critical area of future research must include further methodological developments in estimating the quantitative impact of child sexual abuse in the community.

Community Net Energy Metering: How Novel Policies Expand Benefits of Net Metering to Non-Generators

Energy Technology Data Exchange (ETDEWEB)

Rose, James; Varnado, Laurel

2009-04-01

As interest in community solutions to renewable energy grows, more states are beginning to develop policies that encourage properties with more than one meter to install shared renewable energy systems. State net metering policies are evolving to allow the aggregation of multiple meters on a customer’s property and to dissolve conventional geographical boundaries. This trend means net metering is expanding out of its traditional function as an enabling incentive to offset onsite customer load at a single facility. This paper analyzes community net energy metering (CNEM) as an emerging vehicle by which farmers, neighborhoods, and municipalities may more easily finance and reap the benefits of renewable energy. Specifically, it aims to compare and contrast the definition of geographical boundaries among different CNEM models and examine the benefits and limitations of each approach. As state policies begin to stretch the geographic boundaries of net metering, they allow inventive solutions to encourage renewable energy investment. This paper attempts to initiate the conversation on this emerging policy mechanism and offers recommendations for further development of these policies.

The distribution over time of costs and social net benefits for pertussis immunization programs.

Science.gov (United States)

Girard, Dorota Zdanowska

2010-03-01

The cost of a six-dose pertussis immunization programs for children and adolescents is investigated in relation to estimators of the price of acellular vaccine, the value of a child's life, levels of vaccination rate and discount rates. We compare the cost of the program maintained over time at 90% with three alternative strategies, each involving a decrease in vaccination coverage. Data from England and Wales, 1966-2005, is used to formalize a delay in occurrence of pertussis cases as a result of a fall in coverage. We first apply the criterion of minimization of the total social cost of pertussis to identify the best cost saving immunization strategy. The results are also discussed in form of the discounted present value of the total social net benefits. We find that the discounted present value of the total social net benefit is maximized when a stable vaccination program at 90% is compared to a gradual decrease in vaccination coverage leading to the lowest vaccination rate. The benefits to society of providing sustained immunization strategy, vaccinating the highest proportion of children and adolescents, are systematically proved on the basis of the second optimisation criterion, independently of the level of estimators applied during economic evaluation for the cost variables.

Economic Benefits, Conservation and Wildlife Tourism

OpenAIRE

Tisdell, Clement A.

2012-01-01

Different economic methods are being used to estimate the economic benefits generated by nature (wildlife) tourism. The most prominent of these are economic valuation analysis and economic impact analysis. These methods often provide divergent and conflicting estimates of the economic benefits obtained from wildlife tourism, as is demonstrated in this article by the use of a microeconomic model. Tourism Research Australia has estimated the economic benefits to Australia of nature tourism base...

The economic value of an investment in physiotherapy education: a net present value analysis

OpenAIRE

George Rivers; Jonathan Foo; Dragan Ilic; Peter Nicklen; Scott Reeves; Kieran Walsh; Stephen Maloney

2015-01-01

Questions: What is the economic value for an individual to invest in physiotherapy undergraduate education in Australia? How is this affected by increased education costs or decreased wages? Design: A cost-benefit analysis using a net present value (NPV) approach was conducted and reported in Australian dollars. In relation to physiotherapy education, the NPV represents future earnings as a physiotherapist minus the direct and indirect costs in obtaining the degree. Sensitivity analyses were ...

Economic benefits of the EU Ecodesign Directive. Improving European economies

Energy Technology Data Exchange (ETDEWEB)

Molenbroek, E.; Cuijpers, M.; Blok, K.

2012-04-15

The EU Ecodesign Directive aims at reducing the environmental impact of a number of products sold in the EU, with emphasis on their energy consumption. Ecofys investigated economic benefits related to the Directive. A correct implementation of the EU Ecodesign Directive would yield yearly savings of up to 600 TWh of electricity and 600 TWh of heat in 2020. In addition to these environmental benefits, this study identified important economic advantages like: Net savings for European consumers and businesses of 90 billion euro per year (1% of EU's current GDP) in the year 2020; Reinvesting these savings in other sectors of the economy would result in the creation of one million jobs; Dependency on imports of energy would be reduced by 23% and 37% for natural gas and coal, respectively. This means the EU could slash natural gas imports from Russia by more than half and imports of coal from Russia could be stopped altogether.

Zero energy homes – Are they economically viable?

International Nuclear Information System (INIS)

Berry, Stephen; Davidson, Kathryn

2015-01-01

Whilst net zero energy homes are espoused in many policy circles, and many bespoke examples have been constructed to demonstrate their technical feasibility, there is a scarcity of evidence demonstrating such a standard would be economically rational, particularly for large scale housing development where orientation and aspect may not always be optimal. Drawing on energy monitoring evidence and construction economics associated with a nearly zero energy housing estate in Adelaide, Australia, this paper explores the economic feasibility of the net zero energy home policy in warm temperate climates. The results demonstrate that using economic tools and assumptions typically applied for building energy regulatory policy changes, net societal economic benefits significantly outweigh costs. The clear economic outcomes, combined with expected health and productivity benefits from improved levels of thermal comfort, should provide security to policy makers to progress home energy standards towards net zero energy performance. -- Highlights: •The concept of net zero energy homes is examined for economic viability. •Evidence is collected from a near net zero energy housing estate. •Conservative results show that societal benefits outweigh costs. •Significant additional benefits gained from net zero energy homes

Economic rate of discount and estimating cost benefit of viral immunisation programmes.

Science.gov (United States)

West, R R

1999-01-01

Many individual and societal decisions over purchase (or investment) involve consideration of timing, in that either the price may be paid now and the benefit enjoyed some time in the future or the converse the benefit enjoyed now and the price paid later. Since most individuals generally prefer the present to the future, economic theory has conventionally discounted future costs or benefits to estimate 'net present values'. The rationale for this is principally based on future uncertainty. In recent years, economists have turned their attention to valuing health as an economic 'good'. Observations of individual behaviour would imply that individuals discount future health, as other potential benefits, mostly because there is some uncertainty about their futures. Although economic theory is strongly predicated on the 'sovereignty of the individual', it does not necessarily follow that society discounts the future as do individuals, since for society the future is not so uncertain. Society's endorsement of many public health and preventive medicine objectives, which seek health gains in the future (rather than the present), imply that society's rate of discount may be appreciably lower than that of individuals. In immunisation, arguably one of the most effective of preventive measures, there is the additional benefit to others attributable to herd immunity. This paper argues that the future health gains for society arising from immunisation should not be underestimated by application of inappropriate discounting.

Economic benefits comparison of two pig breeding cycle modes -- Taking Liaoning Province as an example

Science.gov (United States)

Xue, Yunan; Wang, Hui; Ma, Yu

2018-01-01

Pig breeding pollution has become one of the important sources of environmental pollution, and the circular economy has provided an effective way to alleviate the pollution of pig breeding. In this paper, the “Three-in-one” and “Four-in-one” mode of circular economy with methane as link were constructed, and taking Liaoning Province as the research area, the economic benefits of different pig breeding modes were compared and analyzed. The results show that: (1) The modes of circular economy use the pig manure waste as raw materials through the digesters, solar greenhouse to generate new resources, compared with the traditional farming methods, created considerable economic benefits and also alleviated the pressure of pollution, is an effective way to control the pollution of pig breeding. (2) The economic benefit of the “Four-in-one” mode in Liaoning was much higher than the “Three-in-one” mode. The economic benefits of biogas digesters were higher than the “Three-in-one” mode of 125 million yuan, while the solar greenhouse would introduce the planting industry into the recycling chain, with a net profit of about 38.64*108 yuan.

The net effects of the Project NetWork return-to-work case management experiment on participant earnings, benefit receipt, and other outcomes.

Science.gov (United States)

Kornfeld, R; Rupp, K

2000-01-01

random assignment. This statistically significant impact, an approximate 11-percent increase in earnings, is based on administrative data on earnings. For about 70 percent of sample members, a third year of followup data was available. For this limited sample, the estimated effect of Project NetWork on annual earnings declined to roughly zero in the third followup year. The findings suggest that the increase in earnings may have been short-lived and may have disappeared by the time Project NetWork services ended. Project NetWork did not reduce reliance on SSI or DI benefits by statistically significant amounts over the 30-42 month followup period. The services provided by Project NetWork thus did not reduce overall SSI and DI caseloads or benefits by substantial amounts, especially given that only about 5 percent of the eligible caseload volunteered to participate in Project NetWork. Project NetWork produced modest net benefits to persons with disabilities and net costs to taxpayers. Persons with disabilities gained mainly because the increases in their earnings easily outweighed the small (if any) reduction in average SSI and DI benefits. For SSA and the federal government as a whole, the costs of Project NetWork were not sufficiently offset by increases in tax receipts resulting from increased earnings or reductions in average SSI and DI benefits. The modest net benefits of Project NetWork to persons with disabilities are encouraging. How such benefits of an experimental intervention should be weighed against costs of taxpayers depends on value judgments of policymakers. Because different case management projects involve different kinds of services, these results cannot be directly generalized to other case management interventions. They are nevertheless instructive for planning new initiatives. Combining case and referral management services with various other interventions, such as longer term financial support for work or altered provider incentives, could produc

The economic costs and benefits of dental education: an empirical analysis.

Science.gov (United States)

Stafford, Gary L; Nourzad, Farrokh; Lobb, William K; Beall, Jason R

2014-11-01

The rising costs associated with obtaining a dental education have caused some to question the financial benefit of pursuing a dental degree. There is a concern that recent graduates may have difficulty finding professional opportunities that provide the income necessary to service their accumulated educational debt. The aim of this study was to evaluate the trends in educational costs to aid in making an accurate appraisal of the financial benefit of a dental education. Adjusted into constant dollar terms, data from a variety of sources were collected for economic variables such as tuition, fees, student indebtedness, and dentists' earnings. These variables were then analyzed to determine the true costs and benefits of obtaining a dental education. The results showed that, over the course of the last decade, educational costs increased faster than the real net income of practicing dentists, which led to a decline in the return on investment in dental education. However, regardless of an applicant's choice of public or private dental school, there continues to be a positive economic return on students' commitment of both financial resources and time to receive a dental education.

Who Benefits Most from College? Evidence for Negative Selection in Heterogeneous Economic Returns to Higher Education

Science.gov (United States)

Brand, Jennie E.; Yu Xie,

2010-01-01

In this article, we consider how the economic return to a college education varies across members of the U.S. population. Based on principles of comparative advantage, scholars commonly presume that positive selection is at work, that is, individuals who are most likely to select into college also benefit most from college. Net of observed…

Probabilistic economic analysis of green roof benefits for policy design

International Nuclear Information System (INIS)

Clark, C.; Adriaens, P.; Talbot, B.

2006-01-01

The installation costs of green roofs continue to deter widespread use of green roof technology. Analyses of the boundary conditions for the cost differential between a green roof and a conventional roof are usually compared to environmental benefits such as storm water reduction and building energy savings. However, evidence is emerging that green roofs may play a role in urban air quality improvement. This paper discussed a methodology for developing probabilistic ranges of benefits and cost analyses. A probabilistic analysis was conducted to prepare a generalized cost-benefit analysis for application to a range of green roof projects. Environmental benefits of roof greening were quantified on a per unit surface area to assess environmental impact at the building scale. Parameters included conventional and green roof installation costs; storm water fees and fee reductions for green roofs; energy costs due to heat flux and the resultant savings through the installation of a green roof and the additional economic valuation of the public health benefits due to air pollution mitigation. Results were then integrated into an economic model to determine the length of time required for a return on investment in a green roof, assuming that a traditional roof would require replacement after 20 years. A net present value analysis was performed for an average-sized university roof. Results of the study showed that a valuation of environmental benefits can reduce the time required for a return on investment in a moderately priced green roof. While reduced installation costs reduced the time required for a return on investment, optimizing the green roof system for maximum environmental benefit had a greater potential to provide a higher return. It was concluded that the benefit of improved air quality should not be ignored by green roof policy-makers as a valuation tool. 10 refs., 3 tabs., 1 fig

The economic costs and benefits of dog guides for the blind.

Science.gov (United States)

Wirth, Kathleen E; Rein, David B

2008-01-01

To document the economic costs and benefits associated with providing dog guide services for blind individuals able to benefit from them. This study estimates the annual cost of dog guide services accounting for cost offsets associated with reduced informal and formal care costs over the working life of the animal (8 years). We estimated the cost per dog guide trained using previously unpublished survey data from dog guide training schools in the United States. We also estimated the incremental economic benefits as the reduction in costs associated with formal and informal care using published studies and a set of reasonable assumptions. Costs were discounted to 2006$ using a 3% discount rate. We found the average total cost per dog guide over its working life was $40,598, of which $21,568 were off-set by reductions in other costs. The costs associated with dog guides included $35,536 in dog acquisition costs and $5,061 for annual maintenance over the animal's working life. The economic benefits included $16,324 and $5,244 in reduced formal and informal care costs, respectively. The average net cost of dog guide ownership per year over the working life of the animal was $2,379. Using available information and reasonable assumptions, this study documents the costs of dog guides accounting for a limited number of cost off-setting elements. However, given limited available evidence, further study of the impact of guide dogs on the lives of blind individuals who use them should be conducted to validate this study's results.

Economic Developments on Perceived Safety, Violence, and Economic Benefits

Directory of Open Access Journals (Sweden)

Anthony Fabio

2015-01-01

Full Text Available Background. Emerging research highlights the promise of community- and policy-level strategies in preventing youth violence. Large-scale economic developments, such as sports and entertainment arenas and casinos, may improve the living conditions, economics, public health, and overall wellbeing of area residents and may influence rates of violence within communities. Objective. To assess the effect of community economic development efforts on neighborhood residents’ perceptions on violence, safety, and economic benefits. Methods. Telephone survey in 2011 using a listed sample of randomly selected numbers in six Pittsburgh neighborhoods. Descriptive analyses examined measures of perceived violence and safety and economic benefit. Responses were compared across neighborhoods using chi-square tests for multiple comparisons. Survey results were compared to census and police data. Results. Residents in neighborhoods with the large-scale economic developments reported more casino-specific and arena-specific economic benefits. However, 42% of participants in the neighborhood with the entertainment arena felt there was an increase in crime, and 29% of respondents from the neighborhood with the casino felt there was an increase. In contrast, crime decreased in both neighborhoods. Conclusions. Large-scale economic developments have a direct influence on the perception of violence, despite actual violence rates.

A cost-benefit analysis for the economic growth in China

International Nuclear Information System (INIS)

Wen, Zongguo; Chen, Jining

2008-01-01

Currently, traditional development issues such as income inequality, depletion of natural resources, environmental pollution as well as retardation of infrastructure have occurred in China. In the future, more pressures would be imposed on China by the continuous fast development of industrialization, and with transfer of the world manufacture center to China. Sustainable development, including its economic, environmental and social elements, is a key goal of decision-makers. This paper develops a methodology on cost benefit analysis of economic growth at macroscopic level to identify issues of China's sustainability. In order to address some important issues on how to make policies to improve the quality of economic growth, the CBA framework developed in this study analyses economic-ecological-social interaction, building three accounts that reflect three dimensions of sustainable development that includes 26 sub-models in all, and finally is integrated into an index as Net Progress Proceeds (NPP). The estimation methods of these submodels, such as cost of environmental pollution, depletion of natural resources and defensive expenditures are described in detail. Based on the framework and methods, this paper examines the costs and benefits of economic growth in three aspects of economy, ecology and society. The results illustrate that NPR of China's economic growth had been negative for a long time and has just became positive since year 2000 but was quite low. Even the best was only 1.6% in 2002 (the worst was - 24.2% in 1982). Based on the comparison between three accounts, we can draw a conclusion that ecological cost is the dominant factor that affects China's NPR. The empirical results show that if no other innovative measures or policies are taken in the future the costs of growth would outweigh its benefits, resulting in un-sustainability. Basically, the long-term economic growth would be unsustainable due to increasing environmental damage and depletion of

A cost-benefit analysis for the economic growth in China

Energy Technology Data Exchange (ETDEWEB)

Wen, Zongguo; Chen, Jining [Department of Environmental Science and Engineering, Tsinghua University, Beijing 100084 (China)

2008-04-01

Currently, traditional development issues such as income inequality, depletion of natural resources, environmental pollution as well as retardation of infrastructure have occurred in China. In the future, more pressures would be imposed on China by the continuous fast development of industrialization, and with transfer of the world manufacture center to China. Sustainable development, including its economic, environmental and social elements, is a key goal of decision-makers. This paper develops a methodology on cost benefit analysis of economic growth at macroscopic level to identify issues of China's sustainability. In order to address some important issues on how to make policies to improve the quality of economic growth, the CBA framework developed in this study analyses economic-ecological-social interaction, building three accounts that reflect three dimensions of sustainable development that includes 26 sub-models in all, and finally is integrated into an index as Net Progress Proceeds (NPP). The estimation methods of these submodels, such as cost of environmental pollution, depletion of natural resources and defensive expenditures are described in detail. Based on the framework and methods, this paper examines the costs and benefits of economic growth in three aspects of economy, ecology and society. The results illustrate that NPR of China's economic growth had been negative for a long time and has just became positive since year 2000 but was quite low. Even the best was only 1.6% in 2002 (the worst was - 24.2% in 1982). Based on the comparison between three accounts, we can draw a conclusion that ecological cost is the dominant factor that affects China's NPR. The empirical results show that if no other innovative measures or policies are taken in the future the costs of growth would outweigh its benefits, resulting in un-sustainability. Basically, the long-term economic growth would be unsustainable due to increasing environmental damage

Accounting for between-study variation in incremental net benefit in value of information methodology.

Science.gov (United States)

Willan, Andrew R; Eckermann, Simon

2012-10-01

Previous applications of value of information methods for determining optimal sample size in randomized clinical trials have assumed no between-study variation in mean incremental net benefit. By adopting a hierarchical model, we provide a solution for determining optimal sample size with this assumption relaxed. The solution is illustrated with two examples from the literature. Expected net gain increases with increasing between-study variation, reflecting the increased uncertainty in incremental net benefit and reduced extent to which data are borrowed from previous evidence. Hence, a trial can become optimal where current evidence is sufficient assuming no between-study variation. However, despite the expected net gain increasing, the optimal sample size in the illustrated examples is relatively insensitive to the amount of between-study variation. Further percentage losses in expected net gain were small even when choosing sample sizes that reflected widely different between-study variation. Copyright © 2011 John Wiley & Sons, Ltd.

The Long-Term Economic Benefits of Natural Mentoring Relationships for Youth.

Science.gov (United States)

Timpe, Zach C; Lunkenheimer, Erika

2015-09-01

Natural mentors have been shown to help improve psychological and educational outcomes of youth, and may serve an important role for youth experiencing risk in the home. Using data from the National Longitudinal Study of Adolescent to Adult Health (Add Health), we investigated the associations between natural mentors during youth and income during early adulthood, including how these relations were moderated by the absence of a father figure and race. We also estimated the lifetime economic benefits to having a natural mentor. The presence of a natural mentor alone did not have a significant impact on annual earnings during adulthood. However, youth without a father but who had a male mentor earned significantly more, on average, than those without a male mentor. These effects were more pronounced in a subsample of African American youth. The net present value of total lifetime benefits to having a male natural mentor was approximately $190,000 for all fatherless youth and $458,000 for African American fatherless youth. These results suggest that natural mentors play a crucial role in economic outcomes for youth, which may vary by sociodemographic factors.

Positive Catch & Economic Benefits of Periodic Octopus Fishery Closures: Do Effective, Narrowly Targeted Actions ‘Catalyze’ Broader Management?

Science.gov (United States)

Oliver, Thomas A.; Oleson, Kirsten L. L.; Ratsimbazafy, Hajanaina; Raberinary, Daniel; Benbow, Sophie; Harris, Alasdair

2015-01-01

Overview Eight years of octopus fishery records from southwest Madagascar reveal significant positive impacts from 36 periodic closures on: (a) fishery catches and (b) village fishery income, such that (c) economic benefits from increased landings outweigh costs of foregone catch. Closures covered ~20% of a village’s fished area and lasted 2-7 months. Fishery Catches from Each Closed Site Octopus landings and catch per unit effort (CPUE) significantly increased in the 30 days following a closure’s reopening, relative to the 30 days before a closure (landings: +718%, poctopus fishery income doubled in the 30 days after a closure, relative to 30 days before (+132%, p<0.001, n = 28). Control villages not implementing a closure showed no increase in income after “no ban” closures and modest increases after “ban” closures. Villages did not show a significant decline in income during closure events. Net Economic Benefits from Each Closed Site Landings in closure sites generated more revenue than simulated landings assuming continued open-access fishing at that site (27/36 show positive net earnings; mean +$305/closure; mean +57.7% monthly). Benefits accrued faster than local fishers’ time preferences during 17-27 of the 36 closures. High reported rates of illegal fishing during closures correlated with poor economic performance. Broader Co-Management We discuss the implications of our findings for broader co-management arrangements, particularly for catalyzing more comprehensive management. PMID:26083862

The net cost of biofuels in Thailand. An economic analysis

International Nuclear Information System (INIS)

Bell, David R.; Kamens, Richard; Silalertruksa, Thapat; Gheewala, Shabbir H.

2011-01-01

Biofuels are expected to represent a growing portion of liquid fuel consumption in Thailand due to environmental and social considerations in conjunction with policy goals supporting their domestic production and consumption. This paper reviews the economic costs associated with biofuel policy implementation in Thailand in the short term target year of 2011. Internal (production) and external (environmental, social, etc.) costs and benefits are evaluated, and, where possible, monetized. Domestic production of biofuel is calculated to be 9.5 billion THB (317 million USD) more expensive than importing the equivalent amount of petroleum. The environmental benefits from GHG savings as well as losses due to increased ground level ozone formation and government expenditure to support the biofuel industry yield a total 'net cost' of 8.6 billion THB or 121 THB (4.04 USD) per capita for the year 2011. This result is contextualized with the (non-monetized) consideration that although biofuels are somewhat more expensive in the short term, their domestic production allows virtually all of the money to stay within the Thai economy as opposed to being sent abroad. This fact, coupled with significant uncertainty in future petroleum prices, could strongly influence the direction of Thai policy with respect to biofuels. (author)

Designing water supplies: Optimizing drinking water composition for maximum economic benefit

DEFF Research Database (Denmark)

Rygaard, Martin; Arvin, Erik; Bath, A.

2011-01-01

to water quality aspects, costs of water production, fresh water abstraction and CO2-emissions are integrated into a holistic economic assessment of the optimum share of desalinated water in water supplies. Results show that carefully designed desalination post-treatment can have net benefits up to €0.......3 ± 0.2 per delivered m3 for Perth and €0.4(±0.2) for Copenhagen. Costs of remineralization and green house gas emission mitigation are minor when compared to the potential benefits of an optimum water composition. Finally, a set of optimum water quality criteria is proposed for the guidance of water...... includes modeling of possible water quality blends and an evaluation of corrosion indices. Based on concentration-response relationships a range of impacts on public health, material lifetimes and consumption of soap have been valued for Perth, Western Australia and Copenhagen, Denmark. In addition...

Long-term economic benefits attributed to IVF-conceived children: a lifetime tax calculation.

Science.gov (United States)

Connolly, Mark P; Pollard, Michael S; Hoorens, Stijn; Kaplan, Brian R; Oskowitz, Selwyn P; Silber, Sherman J

2008-09-01

To evaluate whether lifetime future net tax revenues from an in vitro fertilization (IVF)-conceived child are substantial enough to warrant public subsidy relative to the mean IVF treatment costs required to obtain 1 live birth. Mathematical generational accounting model. The model estimates direct financial interactions between the IVF-conceived child and the government during the child's projected lifetime. In the model, we accrue IVF costs required to conceive the child to the government, and then we estimate future net tax revenue to the federal and state governments from this individual, offset by direct financial transfers from the government (eg, child allowances, education, Medicare, and Social Security). We discount lifetime costs and gross tax payments at Treasury Department rates to establish the present value of investing in IVF. We applied US Congressional Budget Office projected changes in tax rates over the course of the model. An IVF-conceived child, average in every respect (eg, future earnings, healthcare consumption, and life expectancy), represents a net positive return to the government. Based on an average employed individual born in 2005, the projected net lifetime tax contribution is US $606,200. Taking into consideration IVF costs and all direct financial interactions, the net present value is US $155,870. Lifetime net taxes paid from a child relative to the child's initial IVF investment represent a 700% net return to the government in discounted US dollars from fully employed individuals. This suggests that removing barriers to IVF would have positive tax benefits for the government, notwithstanding its beneficial effect on overall economic growth.

Environmental, economic, and energetic costs and benefits of biodiesel and ethanol biofuels.

Science.gov (United States)

Hill, Jason; Nelson, Erik; Tilman, David; Polasky, Stephen; Tiffany, Douglas

2006-07-25

Negative environmental consequences of fossil fuels and concerns about petroleum supplies have spurred the search for renewable transportation biofuels. To be a viable alternative, a biofuel should provide a net energy gain, have environmental benefits, be economically competitive, and be producible in large quantities without reducing food supplies. We use these criteria to evaluate, through life-cycle accounting, ethanol from corn grain and biodiesel from soybeans. Ethanol yields 25% more energy than the energy invested in its production, whereas biodiesel yields 93% more. Compared with ethanol, biodiesel releases just 1.0%, 8.3%, and 13% of the agricultural nitrogen, phosphorus, and pesticide pollutants, respectively, per net energy gain. Relative to the fossil fuels they displace, greenhouse gas emissions are reduced 12% by the production and combustion of ethanol and 41% by biodiesel. Biodiesel also releases less air pollutants per net energy gain than ethanol. These advantages of biodiesel over ethanol come from lower agricultural inputs and more efficient conversion of feedstocks to fuel. Neither biofuel can replace much petroleum without impacting food supplies. Even dedicating all U.S. corn and soybean production to biofuels would meet only 12% of gasoline demand and 6% of diesel demand. Until recent increases in petroleum prices, high production costs made biofuels unprofitable without subsidies. Biodiesel provides sufficient environmental advantages to merit subsidy. Transportation biofuels such as synfuel hydrocarbons or cellulosic ethanol, if produced from low-input biomass grown on agriculturally marginal land or from waste biomass, could provide much greater supplies and environmental benefits than food-based biofuels.

Environmental benefits of cropland conversion to hybrid poplar: economic and policy considerations

International Nuclear Information System (INIS)

Updegraff, K.; Baughman, M.J.; Taff, S.J.

2004-01-01

To evaluate environmental benefits that might accrue from conversion of farmland to short-rotation woody crops (SRWC), a hypothetical conversion of 10%, 20% and 30% of cropland was modeled in a watershed of the Lower Minnesota River. The analysis synthesized output from a watershed model (ADAPT) with literature-based estimates of productivity and economic values for water quality, forest conservation and carbon sequestration. A Monte Carlo simulation approach was used to estimate ranges of environmental benefit values for cropland conversion to SRWCS. The summed average net benefits justified annual public subsidies ranging from $44 to 596 ha -1 , depending on market scenario and conversion level. Cropland conversion to SRWCs reduced cumulative annual stream flows, sediment and nitrogen loadings by up to 9%, 28% and 15%, respectively. Reduced sediment loads resulted in potential average annual public savings on culvert and ditch maintenance costs of $9.37 Mg -1 of sediment not delivered to the watershed outlet. Hybrid poplars over a 5-year rotation produced an estimated annual economic value due to carbon sequestration of $13-15 ha -1 when used for bioenergy and $29-33 ha -1 (depending on conversion rate) when converted to wood products. If hybrid poplars are substituted for aspen traditionally harvested from natural woodlands, the poplars create annual forest preservation values of $4.79-5.44 ha -1 . (author)

Economic benefits, external costs and the regulation of unconventional gas in the United States

International Nuclear Information System (INIS)

Cronshaw, Ian; Grafton, R. Quentin

2016-01-01

We review the economic benefits and external costs of unconventional gas production (UCG) in the United States from a policy perspective. Based on an overview of state regulation in Pennsylvania, a state that has witnessed very rapid growth of gas production over the past 5 years, and global experiences we present 10 key principles that are proposed to reduce the risks and to increase the net rewards of UCG. Application of these principles has the potential to reduce the risks of UCG, especially at a local level, while maximizing the benefits of gas developments. - Highlights: • SWOT summary of unconventional gas developments. • Risks and returns of unconventional gas highlighted. • 10 principles given to reduce risks and increase rewards of gas extraction.

Economic Investigation of Community-Scale Versus Building Scale Net-Zero Energy

Energy Technology Data Exchange (ETDEWEB)

Fernandez, Nicholas; Katipamula, Srinivas; Brambley, Michael R.; Reddy, T. A.

2009-12-31

The study presented in this report examines issues concerning whether achieving net-zero energy performance at the community scale provides economic and potentially overall efficiency advantages over strategies focused on individual buildings.

Green roof valuation: a probabilistic economic analysis of environmental benefits.

Science.gov (United States)

Clark, Corrie; Adriaens, Peter; Talbot, F Brian

2008-03-15

Green (vegetated) roofs have gained global acceptance as a technologythat has the potential to help mitigate the multifaceted, complex environmental problems of urban centers. While policies that encourage green roofs exist atthe local and regional level, installation costs remain at a premium and deter investment in this technology. The objective of this paper is to quantitatively integrate the range of stormwater, energy, and air pollution benefits of green roofs into an economic model that captures the building-specific scale. Currently, green roofs are primarily valued on increased roof longevity, reduced stormwater runoff, and decreased building energy consumption. Proper valuation of these benefits can reduce the present value of a green roof if investors look beyond the upfront capital costs. Net present value (NPV) analysis comparing a conventional roof system to an extensive green roof system demonstrates that at the end of the green roof lifetime the NPV for the green roof is between 20.3 and 25.2% less than the NPV for the conventional roof over 40 years. The additional upfront investment is recovered at the time when a conventional roof would be replaced. Increasing evidence suggests that green roofs may play a significant role in urban air quality improvement For example, uptake of N0x is estimated to range from $1683 to $6383 per metric ton of NOx reduction. These benefits were included in this study, and results translate to an annual benefit of $895-3392 for a 2000 square meter vegetated roof. Improved air quality leads to a mean NPV for the green roof that is 24.5-40.2% less than the mean conventional roof NPV. Through innovative policies, the inclusion of air pollution mitigation and the reduction of municipal stormwater infrastructure costs in economic valuation of environmental benefits of green roofs can reduce the cost gap that currently hinders U.S. investment in green roof technology.

Green roof adoption in atlanta, georgia: the effects of building characteristics and subsidies on net private, public, and social benefits.

Science.gov (United States)

Mullen, Jeffrey D; Lamsal, Madhur; Colson, Greg

2013-10-01

This research draws on and expands previous studies that have quantified the costs and benefits associated with conventional roofs versus green roofs. Using parameters from those studies to define alternative scenarios, we estimate from a private, public, and social perspective the costs and benefits of installing and maintaining an extensive green roof in Atlanta, GA. Results indicate net private benefits are a decreasing function of roof size and vary considerably across scenarios. In contrast, net public benefits are highly stable across scenarios, ranging from $32.49 to $32.90 m(-2). In addition, we evaluate two alternative subsidy regimes: (i) a general subsidy provided to every building that adopts a green roof and (ii) a targeted subsidy provided only to buildings for which net private benefits are negative but net public benefits are positive. In 6 of the 12 general subsidy scenarios the optimal public policy is not to offer a subsidy; in 5 scenarios the optimal subsidy rate is between $20 and $27 m(-2); and in 1 scenario the optimal rate is $5 m(-2). The optimal rate with a targeted subsidy is between $20 and $27 m(-2) in 11 scenarios and no subsidy is optimal in the twelfth. In most scenarios, a significant portion of net public benefits are generated by buildings for which net private benefits are positive. This suggests a policy focused on information dissemination and technical assistance may be more cost-effective than direct subsidy payments.

A cost-benefit analysis of preimplantation genetic diagnosis for carrier couples of cystic fibrosis.

Science.gov (United States)

Davis, Lynn B; Champion, Sara J; Fair, Steve O; Baker, Valerie L; Garber, Alan M

2010-04-01

To perform a cost-benefit analysis of preimplantation genetic diagnosis (PGD) for carrier couples of cystic fibrosis (CF) compared with the alternative of natural conception (NC) followed by prenatal testing and termination of affected pregnancies. Cost-benefit analysis using a decision analytic model. Outpatient reproductive health practices. A simulated cohort of 1,000 female patients. We calculated the net benefit of giving birth to a child as the present value of lifetime earnings minus lifetime medical costs. Net benefits in dollars. When used for women younger than 35 years of age, the net benefit of PGD over NC was $182,000 ($715,000 vs. $532,000, respectively). For women aged 35-40 years, the net benefit of PGD over NC was $114,000 ($634,000 vs. $520,000, respectively). For women older than 40 years, however, the net benefit of PGD over NC was -$148,000 ($302,000 vs. $450,000, respectively). Preimplantation genetic diagnosis provides net economic benefits when used by carrier couples of CF. Although there is an upper limit of maternal age at which economic benefit can be demonstrated, carrier couples of CF should be offered PGD for prevention of an affected child. Copyright 2010 American Society for Reproductive Medicine. Published by Elsevier Inc. All rights reserved.

Understanding the economic benefits of climate change commitments

International Nuclear Information System (INIS)

Hinge, A.W.; Bourgeois, T.G.

1998-01-01

Much has been written about the likely economic costs of US commitment to a global climate change treaty, whereby signatory countries would be expected to stabilize or reduce carbon emissions. A great deal of rhetoric has surrounded the potential costs of such action, with some estimates stating that committing to such a treaty would result in 1.2 to 1.8 million job losses by the year 2010. On the other side of the discussion, the Energy Innovations report prepared by ACEEE and others showed that emissions could be cut by 10% by 2010, at the same time that the economy would grow modestly by $2.8 billion over a base case, including a net gain of 800,000 additional jobs. One area that has not been adequately addressed in the debate is quantifying the current level of activity of the positively affected industries from such a climate treaty, including the energy efficiency and renewable energy industries and other environmental businesses. This paper presents information on the current and prospective contribution of the energy efficiency industries to US economic output, exports and job creation. This will better define what the possible benefits to the US economy might be of potential global climate change policies. The magnitude of the beneficial economic impact will in part be determined by the extent to which energy efficiency products, and the components which comprise them, are manufactured in the US. An important issue to be addressed is the existence, scale, and the competitive position of these energy efficiency industries in the US

Tiny Stowaways: Analyzing the Economic Benefits of a U.S. Environmental Protection Agency Permit Regulating Ballast Water Discharges

Science.gov (United States)

Lovell, Sabrina J.; Drake, Lisa A.

2009-03-01

The U.S. Environmental Protection Agency has proposed permitting ballast water discharges—a benefit of which would be to reduce the economic damages associated with the introduction and spread of aquatic invasive species. Research on ship-borne aquatic invasive species has been conducted in earnest for decades, but determining the economic damages they cause remains troublesome. Furthermore, with the exception of harmful algal blooms, the economic consequences of microscopic invaders have not been studied, despite their potentially great negative effects. In this paper, we show how to estimate the economic benefits of preventing the introduction and spread of harmful bacteria, microalgae, and viruses delivered in U.S. waters. Our calculations of net social welfare show the damages from a localized incident, cholera-causing bacteria found in shellfish in the Gulf of Mexico, to be approximately 706,000 (2006). On a larger scale, harmful algal species have the potential to be transported in ships’ ballast tanks, and their effects in the United States have been to reduce commercial fisheries landings and impair water quality. We examine the economic repercussions of one bloom-forming species. Finally, we consider the possible translocation within the Great Lakes of a virus that has the potential to harm commercial and recreational fisheries. These calculations illustrate an approach to quantifying the benefits of preventing invasive aquatic microorganisms from controls on ballast water discharges.

A case study: The economic cost of net metering in Maryland: Who bears the economic burden?

International Nuclear Information System (INIS)

Cook, C.; Cross, J.

1999-01-01

The Maryland legislature approved net-metering legislation for residential consumer generators with photovoltaic systems during 1997. Before the legislation passed, the Maryland Energy Administration (MEA) examined its potential economic impact on both the affected utilities and consumer ratepayers--with and without net-metered PV systems. The MEA discovered that the impact on the affected utility is minimal when the net-metered PV capacity is limited to a small percentage of utility peak load. The analysis also determined that the cost burden on other customers under a net-metered scenario is likewise limited. For Maryland's largest investor-owned utility, the maximum amount of any cross-subsidy (or cost) on a per customer basis is 46 cents annually. Furthermore, their analysis showed that when distribution system savings and environmental externalities are incorporated, net-metered customers may actually subsidize other utility customers. The MEA analysis also determined that about 50% of the value of the energy produced is lost if net metering is not available to those customers with grid tied PV systems. Over the long term, most if not all of any potential cost is borne by other residential customers, not utility shareholders. Finally, the additional cost burden to the utility under net metering--compensating the consumer at the retail rate versus the avoided cost rate--is less than expected when one considers the administrative costs associated with a dual-metered billing approach

Electricity exports: Discussion of provincial economic benefits and costs

International Nuclear Information System (INIS)

1993-01-01

A review was conducted by the British Columbia Energy Council to assess the economic and social impacts of the export of long-term firm electricity to the USA and the distribution of these impacts. The objectives of, and the differences between, benefit-cost and socio-economic impact analysis are discussed as they apply to potential electricity export projects. Provincial export project review requirements (project justification, environmental impacts, socio-economic impact assessment) and proposed legislative changes are first reviewed. The concepts and objectives of value added, economic rent, opportunity costs, economic (benefit-cost) analysis, and socio-economic impact analysis are explained. Employment issues including unemployed labor, employment benefits, and regional and occupational considerations are then discussed, as well as transfers to various levels of government in the form of taxes, subsidies, resource royalties, and depletion costs. 8 refs., 4 tabs

Economic and ordinal benefits of Hydrogen Energy Technology

International Nuclear Information System (INIS)

Giannantoni, C.; Zoli, M.

2009-01-01

A method for assessing economic, environmental and energy investments is particularly suited for hydrogen technologies, because it makes it possible to calculate business returns, negative externalities and, above all, the economic benefits to the citizens: the monetizable positive externalities and the ordinal benefits, i.e. those which cannot be reduced to a simple monetary value. [it

Neural-net based real-time economic dispatch for thermal power plants

Energy Technology Data Exchange (ETDEWEB)

Djukanovic, M.; Milosevic, B. [Inst. Nikola Tesla, Belgrade (Yugoslavia). Dept. of Power Systems; Calovic, M. [Univ. of Belgrade (Yugoslavia). Dept. of Electrical Engineering; Sobajic, D.J. [Electric Power Research Inst., Palo Alto, CA (United States)

1996-12-01

This paper proposes the application of artificial neural networks to real-time optimal generation dispatch of thermal units. The approach can take into account the operational requirements and network losses. The proposed economic dispatch uses an artificial neural network (ANN) for generation of penalty factors, depending on the input generator powers and identified system load change. Then, a few additional iterations are performed within an iterative computation procedure for the solution of coordination equations, by using reference-bus penalty-factors derived from the Newton-Raphson load flow. A coordination technique for environmental and economic dispatch of pure thermal systems, based on the neural-net theory for simplified solution algorithms and improved man-machine interface is introduced. Numerical results on two test examples show that the proposed algorithm can efficiently and accurately develop optimal and feasible generator output trajectories, by applying neural-net forecasts of system load patterns.

Fuzzy net present value for engineering analysis

Directory of Open Access Journals (Sweden)

Ali Nazeri

2012-10-01

Full Text Available Cash flow analysis is one of the most popular methods for investigating the outcome of an economical project. The costs and benefits of a construction project are often involved with uncertainty and it is not possible to find a precise value for a particular project. In this paper, we present a simple method to calculate the net present value of a cash flow when both costs and benefits are given as triangular numbers. The proposed model of this paper uses Delphi method to figure out the fair values of all costs and revenues and then using fizzy programming techniques, it calculates the fuzzy net present value. The implementation of the proposed model is demonstrated using a simple example.

Measuring total economic benefits from water in plantation forestry ...

African Journals Online (AJOL)

A quasi input-output framework was applied to measuring direct and indirect economic benefits from water use in plantation forestry in the Crocodile river catchment of South Africa. The study accounted for indirect economic benefits generated in downstream timber processing activities and input supply sectors linked with ...

Comment 1 on workshop in economics - a note on benefit-cost analysis and the distribution of benefits: The greenhouse effect

International Nuclear Information System (INIS)

Quinn, K.G.

1992-01-01

The application of benefit-cost analysis to environmental problems in general, and to global warming as demonstrated by Kosobud in particular, is a very useful tool. Depending upon the limitations of the relevant data available benefit-cost analysis can offer information to society about how to improve its condition. However, beyond the criticism of its estimate of the Pareto optimal point benefit-cost analysis suffers from a fundamental weakness: It cannot speak to the distribution of the net benefits of implementation of an international greenhouse policy. Within an individual country, debate on a particular policy intervention can effectively separate the issues of achieving a potential Pareto optimum and distributing the benefits necessary to actually accomplish Pareto optimality. This situation occurs because (theoretically, anyway) these decisions are made in the presence of a binding enforcement regime that can redistribute benefits as seen fit. A policy can then be introduced in the manner that achieves the best overall net benefits, and the allocation of these benefits can be treated as a stand-alone problem

From the Cover: Environmental, economic, and energetic costs and benefits of biodiesel and ethanol biofuels

Science.gov (United States)

Hill, Jason; Nelson, Erik; Tilman, David; Polasky, Stephen; Tiffany, Douglas

2006-07-01

Negative environmental consequences of fossil fuels and concerns about petroleum supplies have spurred the search for renewable transportation biofuels. To be a viable alternative, a biofuel should provide a net energy gain, have environmental benefits, be economically competitive, and be producible in large quantities without reducing food supplies. We use these criteria to evaluate, through life-cycle accounting, ethanol from corn grain and biodiesel from soybeans. Ethanol yields 25% more energy than the energy invested in its production, whereas biodiesel yields 93% more. Compared with ethanol, biodiesel releases just 1.0%, 8.3%, and 13% of the agricultural nitrogen, phosphorus, and pesticide pollutants, respectively, per net energy gain. Relative to the fossil fuels they displace, greenhouse gas emissions are reduced 12% by the production and combustion of ethanol and 41% by biodiesel. Biodiesel also releases less air pollutants per net energy gain than ethanol. These advantages of biodiesel over ethanol come from lower agricultural inputs and more efficient conversion of feedstocks to fuel. Neither biofuel can replace much petroleum without impacting food supplies. Even dedicating all U.S. corn and soybean production to biofuels would meet only 12% of gasoline demand and 6% of diesel demand. Until recent increases in petroleum prices, high production costs made biofuels unprofitable without subsidies. Biodiesel provides sufficient environmental advantages to merit subsidy. Transportation biofuels such as synfuel hydrocarbons or cellulosic ethanol, if produced from low-input biomass grown on agriculturally marginal land or from waste biomass, could provide much greater supplies and environmental benefits than food-based biofuels. corn | soybean | life-cycle accounting | agriculture | fossil fuel

Links Between Net Present Value and Shareholder Value from a Business Economics Perspective

OpenAIRE

Mária Illés

2012-01-01

One of the oft-quoted theorems of finance is that decision making based on net present value will lead to the maximisation of shareholder value. The study analyses the reality background of this theorem within the disciplinary borders of business economics. Since finance is based directly on the bases of microeconomics, the study touches upon the presentation of the different disciplinary frames of business economics and microeconomics. The paper demonstrates that the economic content of shar...

The measurement of employment benefits

Energy Technology Data Exchange (ETDEWEB)

Burtraw, D

1994-07-01

The consideration of employment effects and so-called 'hidden employment benefits' is one of the most confused and contentious issues in benefit-cost analysis and applied welfare economics generally. New investments create new employment opportunities, and often advocates for specific investments cite these employment opportunities as alleged benefits associated with the project. Indeed, from the local perspective, such employment opportunities may appear to be beneficial because they appear to come for free. If there is unemployment in the local area, then new investments create valuable employment opportunities for those in the local community. Even if there is full employment in the local area then new investments create incentives for immigrant from other locations that may have pecuniary benefits locally through increased property values, business revenues, etc. The focus in this study is on net economic benefits from a broad national perspective. From this perspective, many of the alleged employment benefits at the local level are offset by lost benefits at other locales, and do not count as benefits according to economic theory. This paper outlines a methodology for testing this rebuttable presumption with empirical data pertaining to labor markets that would be affected by a specific new investment. The theoretical question that is relevant is whether the social opportunity cost of new employment is less than the market wage. This would be the case, for example, if one expects unemployment or underemployment to persist in a specific region of the economy or occupational category affected by the new investment. In this case, new employment opportunities produce a net increase in social wealth rather than just a transfer of income.

The measurement of employment benefits

International Nuclear Information System (INIS)

Burtraw, D.

1994-01-01

The consideration of employment effects and so-called 'hidden employment benefits' is one of the most confused and contentious issues in benefit-cost analysis and applied welfare economics generally. New investments create new employment opportunities, and often advocates for specific investments cite these employment opportunities as alleged benefits associated with the project. Indeed, from the local perspective, such employment opportunities may appear to be beneficial because they appear to come for free. If there is unemployment in the local area, then new investments create valuable employment opportunities for those in the local community. Even if there is full employment in the local area then new investments create incentives for immigrant from other locations that may have pecuniary benefits locally through increased property values, business revenues, etc. The focus in this study is on net economic benefits from a broad national perspective. From this perspective, many of the alleged employment benefits at the local level are offset by lost benefits at other locales, and do not count as benefits according to economic theory. This paper outlines a methodology for testing this rebuttable presumption with empirical data pertaining to labor markets that would be affected by a specific new investment. The theoretical question that is relevant is whether the social opportunity cost of new employment is less than the market wage. This would be the case, for example, if one expects unemployment or underemployment to persist in a specific region of the economy or occupational category affected by the new investment. In this case, new employment opportunities produce a net increase in social wealth rather than just a transfer of income

Cost-benefit aspects of radioisotope applications in industry

International Nuclear Information System (INIS)

Jankowski, L.

1983-01-01

An analysis of the use of isotope devices and methods in CMEA member states in 1980 has shown that the economic benefit was 1.5 billion roubles. The cost-benefit relationship, expressed by the ratio of costs needed for development, production and application to the resulting economic net effect was between 1 to 8 and 1 to 20. A trend analysis has been made for the use of isotopes in various branches of national economy considering the cost-benefit relationship, its developmnet and influencing factors

An approach for evaluating utility-financed energy conservation programs. The economic welfare model

Energy Technology Data Exchange (ETDEWEB)

Costello, K W; Galen, P S

1985-09-01

The main objective of this paper is to illustrate how the economic welfare model may be used to measure the economic efficiency effects of utility-financed energy conservation programs. The economic welfare model is the theoretical structure that was used in this paper to develop a cost/benefit test. This test defines the net benefit of a conservation program as the change in the sum of consumer and producer surplus. The authors advocate the operation of the proposed cost/benefit model as a screening tool to eliminate from more detailed review those programs where the expected net benefits are less than zero. The paper presents estimates of the net benefit derived from different specified cost/benefit models for four illustrative pilot programs. These models are representative of those which have been applied or are under review by utilities and public utility commissions. From the numerical results, it is shown that net benefit is greatly affected by the assumptions made about the nature of welfare gains to program participants. The main conclusion that emerges from the numerical results is that the selection of a cost/benefit model is a crucial element in evaluating utility-financed energy conservation programs. The paper also briefly addresses some of the major unresolved issues in utility-financed energy conservation programs. 2 figs., 3 tabs., 10 refs. (A.V.)

Maximising the net social benefit of the construction of post-disaster alternative housing projects.

Science.gov (United States)

El-Anwar, Omar

2013-07-01

The widespread destruction that follows large-scale natural disasters, such as Hurricane Katrina in August 2005, challenges the efficacy of traditional temporary housing methods in providing adequate solutions to housing needs. Recognising these housing challenges, the Congress of the United States allocated, in 2006, USD 400 million to the Department of Homeland Security to support Alternative Housing Pilot Programs, which are intended to explore the possibilities of providing permanent and affordable housing to displaced families instead of traditional temporary housing. This paper presents a new methodology and optimisation model to identify the optimal configurations of post-shelter housing arrangements to maximise the overall net socioeconomic benefit. The model is capable of quantifying and optimising the impacts of substituting temporary housing with alternative housing on the social and economic welfare of displaced families as well as the required additional costs of doing so. An application example is presented to illustrate the use of the model and its capabilities. © 2013 The Author(s). Journal compilation © Overseas Development Institute, 2013.

The net return from animal activity in agro-ecosystems: trading off benefits from ecosystem services against costs from crop damage [v2; ref status: indexed, http://f1000r.es/3c4

Directory of Open Access Journals (Sweden)

Gary W Luck

2014-04-01

Full Text Available Animals provide benefits to agriculture through the provision of ecosystem services, but also inflict costs such as damaging crops. These benefits and costs are mostly examined independently, rather than comparing the trade-offs of animal activity in the same system and quantifying the net return from beneficial minus detrimental activities. Here, I examine the net return associated with the activity of seed-eating birds in almond orchards by quantifying the economic costs and benefits of bird consumption of almonds. Pre-harvest, the consumption of harvestable almonds by birds cost growers AUD$57.50 ha-1 when averaged across the entire plantation. Post-harvest, the same bird species provide an ecosystem service by removing mummified nuts from trees that growers otherwise need to remove to reduce threats from fungal infection or insect pest infestations. The value of this ecosystem service ranged from AUD$82.50 ha-1–$332.50 ha-1 based on the replacement costs of mechanical or manual removal of mummified nuts, respectively. Hence, bird consumption of almonds yielded a positive net return of AUD$25–$275 ha-1 averaged across the entire plantation. However, bird activity varied spatially resulting in positive net returns occurring primarily at the edges of crops where activity was higher, compared to negative net returns in crop interiors. Moreover, partial mummy nut removal by birds meant that bird activity may only reduce costs to growers rather than replace these costs completely. Similar cost-benefit trade-offs exist across nature, and quantifying net returns can better inform land management decisions such as when to control pests or promote ecosystem service provision.

Nutrition economics: towards comprehensive understanding of the benefits of nutrition.

Science.gov (United States)

Koponen, Aki; Sandell, Mari; Salminen, Seppo; Lenoir-Wijnkoop, Irene

2012-01-01

There has been an increase in the knowledge and interest on nutrition, and functional foods have gained popularity over the last few decades, and the trend is increasing. Probiotics and prebiotics are among the most studied functional foods. Nutrition economics has been defined as the discipline dedicated to researching and characterising health and economic outcomes in nutrition for the benefit of society. The concept and its application to probiotics and prebiotics will be discussed in terms of health and economic benefits and their evaluation. Health economics and concrete applications showing how to maximise long-term nutritional benefits will contribute to motivate consumers in making food choices based on a rational understanding of their own interest. We present a model that shows that nutrition economics can be used as an analytical tool for product and service network development.

Crowdfunding our health: Economic risks and benefits.

Science.gov (United States)

Renwick, Matthew J; Mossialos, Elias

2017-10-01

Crowdfunding is an expanding form of alternative financing that is gaining traction in the health sector. This article presents a typology for crowdfunded health projects and a review of the main economic benefits and risks of crowdfunding in the health market. We use evidence from a literature review, complimented by expert interviews, to extend the fundamental principles and established theories of crowdfunding to a health market context. Crowdfunded health projects can be classified into four types according to the venture's purpose and funding method. These are projects covering health expenses, fundraising health initiatives, supporting health research, or financing commercial health innovation. Crowdfunding could economically benefit the health sector by expanding market participation, drawing money and awareness to neglected health issues, improving access to funding, and fostering project accountability and social engagement. However, the economic risks of health-related crowdfunding include inefficient priority setting, heightened financial risk, inconsistent regulatory policies, intellectual property rights concerns, and fraud. Theorized crowdfunding behaviours such as signalling and herding can be observed in the market for health-related crowdfunding. Broader threats of market failure stemming from adverse selection and moral hazard also apply. Many of the discussed economic benefits and risks of crowdfunding health campaigns are shared more broadly with those of crowdfunding projects in other sectors. Where crowdfunding health care appears to diverge from theory is the negative externality inefficient priority setting may have towards achieving broader public health goals. Therefore, the market for crowdfunding health care must be economically stable, as well as designed to optimally and equitably improve public health. Copyright © 2017 The Authors. Published by Elsevier Ltd.. All rights reserved.

Economic benefits to gas customers from completed research and development at GRI: An occasional publication of Gas Research Institute on topics of current interest, August 1990

International Nuclear Information System (INIS)

Pine, G.D.; Rinholm, R.C.

1990-08-01

Conducted in cooperation with gas industry partners, GRI's R and D program brought 93 gas products, processes and techniques, and 53 information items to the marketplace during 1987-1990. Quantitative estimates of economic benefits to the gas industry and its customers are provided for 60 of the technologies. The net present value is approximately $7.4 billion. While not accounting for R and D efforts in progress, the figure is 4.3 times the cumulative net present value of the cost of the entire GRI R and D program from its inception and represents a rate of return to ratepayers of almost 20%. When compared with the cost of completed R and D, the benefit-to-cost ratio is 8.1 to 1

Economic analysis of the global polio eradication initiative.

Science.gov (United States)

Duintjer Tebbens, Radboud J; Pallansch, Mark A; Cochi, Stephen L; Wassilak, Steven G F; Linkins, Jennifer; Sutter, Roland W; Aylward, R Bruce; Thompson, Kimberly M

2010-12-16

The global polio eradication initiative (GPEI), which started in 1988, represents the single largest, internationally coordinated public health project to date. Completion remains within reach, with type 2 wild polioviruses apparently eradicated since 1999 and fewer than 2000 annual paralytic poliomyelitis cases of wild types 1 and 3 reported since then. This economic analysis of the GPEI reflects the status of the program as of February 2010, including full consideration of post-eradication policies. For the GPEI intervention, we consider the actual pre-eradication experience to date followed by two distinct potential future post-eradication vaccination policies. We estimate GPEI costs based on actual and projected expenditures and poliomyelitis incidence using reported numbers corrected for underreporting and model projections. For the comparator, which assumes only routine vaccination for polio historically and into the future (i.e., no GPEI), we estimate poliomyelitis incidence using a dynamic infection transmission model and costs based on numbers of vaccinated children. Cost-effectiveness ratios for the GPEI vs. only routine vaccination qualify as highly cost-effective based on standard criteria. We estimate incremental net benefits of the GPEI between 1988 and 2035 of approximately 40-50 billion dollars (2008 US dollars; 1988 net present values). Despite the high costs of achieving eradication in low-income countries, low-income countries account for approximately 85% of the total net benefits generated by the GPEI in the base case analysis. The total economic costs saved per prevented paralytic poliomyelitis case drive the incremental net benefits, which become positive even if we estimate the loss in productivity as a result of disability as below the recommended value of one year in average per-capita gross national income per disability-adjusted life year saved. Sensitivity analysis suggests that the finding of positive net benefits of the GPEI remains

Nonparametric Forecasting for Biochar Utilization in Poyang Lake Eco-Economic Zone in China

Directory of Open Access Journals (Sweden)

Meng-Shiuh Chang

2014-01-01

Full Text Available Agriculture is the least profitable industry in China. However, even with large financial subsidies from the government, farmers’ living standards have had no significant impact so far due to the historical, geographical, climatic factors. The study examines and quantifies the net economic and environmental benefits by utilizing biochar as a soil amendment in eleven counties in the Poyang Lake Eco-Economic Zone. A nonparametric kernel regression model is employed to estimate the relation between the scaled environmental and economic factors, which are determined as regression variables. In addition, the partial linear and single index regression models are used for comparison. In terms of evaluations of mean squared errors, the kernel estimator, exceeding the other estimators, is employed to forecast benefits of using biochar under various scenarios. The results indicate that biochar utilization can potentially increase farmers’ income if rice is planted and the net economic benefits can be achieved up to ¥114,900. The net economic benefits are higher when the pyrolysis plant is built in the south of Poyang Lake Eco-Economic Zone than when it is built in the north as the southern land is relatively barren, and biochar can save more costs on irrigation and fertilizer use.

Net present value analysis of the economic production quantity

OpenAIRE

Disney, Stephen Michael; Warburton, R. D. H.; Zhong, Q. C.

2013-01-01

Using Laplace transforms we extend the economic production quantity (EPQ) model by analysing cash flows from a net present value (NPV) viewpoint. We obtain an exact expression for the present value of the cash flows in the EPQ problem. From this, we are able to derive the optimal batch size. We obtain insights into the monotonicity and convexity of the present value of each of the cash flows, and show that there is a unique minimum in the present value of the sum of the cash flows in the exte...

Economic evaluation and Applications of the Policy Analysis Matrix ...

African Journals Online (AJOL)

use

2011-12-07

Dec 7, 2011 ... By using benefit to costs index, internal rate of return, net ... city has no relative advantage, but intercropping system can increase the economic benefits and ... traditional farmers have reasons of technological, socio- logical ...

Socio-economic benefits from Hibernia operations in 1998

International Nuclear Information System (INIS)

1999-06-01

The report identifies and describes the socio-economic effects of oil production from this offshore site, over and above the initial socio-economic effects of construction and fabrication. It documents a wide range of Newfoundlanders and Labradorians who benefit, directly and indirectly, from Hibernia operations. It builds on a series of reports which have examined the effects of Hibernia construction activity on employment, businesses and communities, including those resulting from spending and technology transfer. The report discusses the large scale and long term nature of the social and economic benefits of production activity and a wide range of benefits and beneficiaries. The report documents the ways in which Hibernia and other offshore oil activity are helping to transform the provincial economy. Another section of the report provides an overview of economic benefits. Based on information from Hibernia's production, expenditures and employment during 1998, the provincial government's Newfoundland and Labrador Econometric Model was used to calculate and describe Hibernia's effect on the gross domestic product, employment, unemployment rate, total incomes, retail sales and housing starts. Another section looks at the range of infrastructure that has resulted from Hibernia and other offshore petroleum activity, including industrial, training and research and development infrastructure. A further section on training and technology transfer describes the ways in which the oil industry has increased local training capabilities and provided opportunties for Newfoundlanders and Labradorians to learn locally and work elsewhere. Another section examines the effects of all this on a range of companies. A last section provides a brief review of the findings related to the activity to date and what can be expected in the future. 8 refs., 2 tabs

Net Clinical Benefit of Antithrombotic Therapy in Patients With Atrial Fibrillation and Chronic Kidney Disease

DEFF Research Database (Denmark)

Bonde, A. N.; Lip, G. Y. H.; Kamper, A. L.

2014-01-01

(Congestive heart failure; Hypertension; Age >= 75 years; Diabetes mellitus; previous Stroke, transient ischemic attack, or thromboembolism; Vascular disease; Age 65 to 74 years; Sex category) strata and the net clinical benefit of warfarin in patients with AF and CKD in a nationwide cohort. METHODS...

Handling value added tax (VAT) in economic evaluations: should prices include VAT?

Science.gov (United States)

Bech, Mickael; Christiansen, Terkel; Gyrd-Hansen, Dorte

2006-01-01

In health economic evaluations, value added tax is commonly treated as a transfer payment. Following this argument, resources are valued equal to their net-of-tax prices in economic evaluations applying a societal perspective. In this article we argue that if there is the possibility that a new healthcare intervention may expand the healthcare budget, the social cost of input factors should be the gross-of-tax prices and not the net-of-tax prices. The rising interest in cost-benefit analysis and the use of absolute thresholds, net benefit estimates and acceptability curves in cost-effectiveness analysis makes this argument highly relevant for an appropriate use of these tools in prioritisation.

Quantifying economic benefits for rail infrastructure projects.

Science.gov (United States)

2014-10-01

This project identifies metrics for measuring the benefit of rail infrastructure projects for key : stakeholders. It is important that stakeholders with an interest in community economic development play an active : role in the development of the rai...

The economic benefits of Koeberg nuclear power station

International Nuclear Information System (INIS)

Robb, W.

1980-01-01

The paper deals with the economics of the Koeberg power plant in 3 main parts, namely the economic benefit to Escom of going nuclear; the economic benefit to South Africa; and suggestions for the energy future in South Africa. In the first part, the cost of nuclear and coal-fired power plants is compared. Construction and operating costs are looked at as well as the cost of waste disposal. Other factors which are considered include security, insurance costs, personnel requirements and efficiency. In part two aspects such as the saving of coal and water; the prevention of environmental damage and health hazards; the stimulation of the economy and job creation; and the security of the power supply are considered. In the third part the author draws certain conclusions from the first two parts of the paper and makes suggestions to persons who would like to assess the situation

Economic value of in vitro fertilization in Ukraine, Belarus, and Kazakhstan

NARCIS (Netherlands)

E.A. Mandrik (Olena); S. Knies (Saskia); J.L. Severens (Hans)

2015-01-01

markdownabstract__Abstract__ Background: An economic value calculation was performed to estimate the lifetime net present value of in vitro fertilization (IVF) in Ukraine, Belarus, and Kazakhstan. Methods: Net lifetime tax revenues were used to represent governmental benefits accruing from a

The benefit of sustainable industrial cooperation. Study on the economical and ecological benefits of industrial cooperatives

International Nuclear Information System (INIS)

Hansen, D.H.J.M.; Lavrijsen, T.; Vermeulen, W.J.V.

2005-01-01

From scientific literature and policy memoranda it appears that sustainable industrial cooperatives result into economical and ecological benefits. However, little empirical data on practical results is available. Therefore, recently, an analysis has been carried out determining the benefit of industrial cooperation. The economical and ecological offer businesses a cost-effective option to reduce the environmental burden. Still, real implementation of such cooperatives is only realized yet by forerunners in the field of environmental management [nl

Net clinical benefit of new oral anticoagulants (dabigatran, rivaroxaban, apixaban) versus no treatment in a 'real world' atrial fibrillation population

DEFF Research Database (Denmark)

Banerjee, A; Lane, D A; Torp-Pedersen, C

2012-01-01

The concept of net clinical benefit has been used to quantify the balance between risk of ischaemic stroke (IS) and risk of intracranial haemorrhage (ICH) with the use oral anticoagulant therapy (OAC) in the setting of non-valvular atrial fibrillation (AF), and has shown that patients at highest ...... in AF. Using 'real world' data, our modelling analysis has shown that when the risk of bleeding and stroke are both high, all three new drugs appear to have a greater net clinical benefit compared to warfarin....

Socio-economic benefits from protected areas in southeastern Australia.

Science.gov (United States)

Heagney, E C; Kovac, M; Fountain, J; Conner, N

2015-12-01

International case studies of protected area performance increasingly report that conservation and socio-economic outcomes are interdependent. Effective conservation requires support and cooperation from local governments and communities, which in turn requires that protected areas contribute to the economic well-being of the communities in which they are sited. Despite increasing recognition of their importance, robust studies that document the socio-economic impacts of protected areas are rare, especially in the developed world context. We proposed 3 potential pathways through which protected areas might benefit local communities in the developed world: the improved local housing value, local business stimulus, and increased local funding pathways. We examined these pathways by undertaking a statistical longitudinal analysis of 110 regional and rural communities covering an area of approximately 600,000 km(2) in southeastern Australia. We compared trends in 10 socio-economic indicators describing employment, income, housing, business development and local government revenue from 2000 to 2010. New protected areas acquisitions led to an increased number of new dwelling approvals and associated developer contributions, increased local business numbers, and increased local government revenue from user-pays services and grants. Longer-term effects of established protected areas included increased local council revenue from a variety of sources. Our findings provide support for each of our 3 proposed benefit pathways and contribute new insights into the cycling of benefits from protected areas through the economy over time. The business and legislative models in our study are typical of those operating in many other developed countries; thus, the benefit pathways reported in our study are likely to be generalizable. By identifying and communicating socio-economic benefits from terrestrial protected areas in a developed world context, our findings represent an important

Carbon Policy and Technical Change: Market Structure, Increasing Returns, and Secondary Benefits. Final Report

Energy Technology Data Exchange (ETDEWEB)

Peretto, P.; Smith, V. K.

2001-11-19

An economic evaluation of the impact of policies intended to control emissions of CO{sub 2} and other ''greenhouse gases'' (GHGS) depends on the net costs of these controls and their distribution throughout the production sectors of developed and developing economics. The answers derived from appraisals of these net costs, in turn, stem from what is assumed about the timing of the controls, the pace of technological change, and any short-term secondary benefits from their control. There have only been a few serious attempts to estimate the economic benefits from the policies associated with such long run outcomes. All of the approaches to date have made fairly strong assumptions or relied on contingent valuation estimates of hypothetical situations.

The development of a public optometry system in Mozambique: a Cost Benefit Analysis.

Science.gov (United States)

Thompson, Stephen; Naidoo, Kovin; Harris, Geoff; Bilotto, Luigi; Ferrão, Jorge; Loughman, James

2014-09-23

The economic burden of uncorrected refractive error (URE) is thought to be high in Mozambique, largely as a consequence of the lack of resources and systems to tackle this largely avoidable problem. The Mozambique Eyecare Project (MEP) has established the first optometry training and human resource deployment initiative to address the burden of URE in Lusophone Africa. The nature of the MEP programme provides the opportunity to determine, using Cost Benefit Analysis (CBA), whether investing in the establishment and delivery of a comprehensive system for optometry human resource development and public sector deployment is economically justifiable for Lusophone Africa. A CBA methodology was applied across the period 2009-2049. Costs associated with establishing and operating a school of optometry, and a programme to address uncorrected refractive error, were included. Benefits were calculated using a human capital approach to valuing sight. Disability weightings from the Global Burden of Disease study were applied. Costs were subtracted from benefits to provide the net societal benefit, which was discounted to provide the net present value using a 3% discount rate. Using the most recently published disability weightings, the potential exists, through the correction of URE in 24.3 million potentially economically productive persons, to achieve a net present value societal benefit of up to $1.1 billion by 2049, at a Benefit-Cost ratio of 14:1. When CBA assumptions are varied as part of the sensitivity analysis, the results suggest the societal benefit could lie in the range of $649 million to $9.6 billion by 2049. This study demonstrates that a programme designed to address the burden of refractive error in Mozambique is economically justifiable in terms of the increased productivity that would result due to its implementation.

A cost-benefit analysis of landfill mining and material recycling in China

International Nuclear Information System (INIS)

Zhou, Chuanbin; Gong, Zhe; Hu, Junsong; Cao, Aixin; Liang, Hanwen

2015-01-01

Highlights: • Assessing the economic feasibility of landfill mining. • We applied a cost-benefit analysis model for landfill mining. • Four material cycling and energy recovery scenarios were designed. • We used net present value to evaluate the cost-benefit efficiency. - Abstract: Landfill mining is an environmentally-friendly technology that combines the concepts of material recycling and sustainable waste management, and it has received a great deal of worldwide attention because of its significant environmental and economic potential in material recycling, energy recovery, land reclamation and pollution prevention. This work applied a cost-benefit analysis model for assessing the economic feasibility, which is important for promoting landfill mining. The model includes eight indicators of costs and nine indicators of benefits. Four landfill mining scenarios were designed and analyzed based on field data. The economic feasibility of landfill mining was then evaluated by the indicator of net present value (NPV). According to our case study of a typical old landfill mining project in China (Yingchun landfill), rental of excavation and hauling equipment, waste processing and material transportation were the top three costs of landfill mining, accounting for 88.2% of the total cost, and the average cost per unit of stored waste was 12.7 USD ton −1 . The top three benefits of landfill mining were electricity generation by incineration, land reclamation and recycling soil-like materials. The NPV analysis of the four different scenarios indicated that the Yingchun landfill mining project could obtain a net positive benefit varying from 1.92 million USD to 16.63 million USD. However, the NPV was sensitive to the mode of land reuse, the availability of energy recovery facilities and the possibility of obtaining financial support by avoiding post-closure care

A cost-benefit analysis of landfill mining and material recycling in China

Energy Technology Data Exchange (ETDEWEB)

Zhou, Chuanbin, E-mail: cbzhou@rcees.ac.cn; Gong, Zhe; Hu, Junsong; Cao, Aixin; Liang, Hanwen

2015-01-15

Highlights: • Assessing the economic feasibility of landfill mining. • We applied a cost-benefit analysis model for landfill mining. • Four material cycling and energy recovery scenarios were designed. • We used net present value to evaluate the cost-benefit efficiency. - Abstract: Landfill mining is an environmentally-friendly technology that combines the concepts of material recycling and sustainable waste management, and it has received a great deal of worldwide attention because of its significant environmental and economic potential in material recycling, energy recovery, land reclamation and pollution prevention. This work applied a cost-benefit analysis model for assessing the economic feasibility, which is important for promoting landfill mining. The model includes eight indicators of costs and nine indicators of benefits. Four landfill mining scenarios were designed and analyzed based on field data. The economic feasibility of landfill mining was then evaluated by the indicator of net present value (NPV). According to our case study of a typical old landfill mining project in China (Yingchun landfill), rental of excavation and hauling equipment, waste processing and material transportation were the top three costs of landfill mining, accounting for 88.2% of the total cost, and the average cost per unit of stored waste was 12.7 USD ton{sup −1}. The top three benefits of landfill mining were electricity generation by incineration, land reclamation and recycling soil-like materials. The NPV analysis of the four different scenarios indicated that the Yingchun landfill mining project could obtain a net positive benefit varying from 1.92 million USD to 16.63 million USD. However, the NPV was sensitive to the mode of land reuse, the availability of energy recovery facilities and the possibility of obtaining financial support by avoiding post-closure care.

The Forgotten Benefits of Climate Change Mitigation. Innovation, Technological Leapfrogging, Employment, and Sustainable Development

Energy Technology Data Exchange (ETDEWEB)

Jochem, E. [Fraunhofer-Institut fuer Systemtechnik und Innovationsforschung ISI, Karlsruhe (Germany); Madlener, R. [Centre for Energy Policy and Economics CEPE, ETH Zentrum, WEC, Zuerich (Switzerland)

2003-07-01

Traditional concepts for ancillary benefit/co-benefit frameworks reflect a macro and welfare economics perspective. They are often designed to serve certain modelling requirements, and typically focus primarily on avoided environmental damages and/or on induced net employment. This paper presents a conceptual framework that is extended to non-environmental and non-climate-change externalities. It not only includes the net ancillary and co-benefits that accrue from the dynamics of technological innovation and market diffusion, but also those from spillover effects that arise from global trade, communications, and technology transfer, which can all have important impacts on both the business economics and the macroeconomic level. We show that multi-functionality of energy-efficient technologies at the useful energy level, in contrast to mono-functionality of energy conversion technologies, leads to net ancillary benefits/co-benefits of GHG mitigation that may go far beyond fossil energy savings and emission mitigation, and that are in many cases not (or at least not sufficiently) accounted for in investment decision-making and policy-making processes. Several illustrative examples are provided to underline the points that are made.

Incremental net social benefit associated with using nuclear-fueled power plants

International Nuclear Information System (INIS)

Maoz, I.

1976-12-01

The incremental net social benefit (INSB) resulting from nuclear-fueled, rather than coal-fired, electric power generation is assessed. The INSB is defined as the difference between the 'incremental social benefit' (ISB)--caused by the cheaper technology of electric power generation, and the 'incremental social cost' (ISC)--associated with an increased power production, which is induced by cheaper technology. Section 2 focuses on the theoretical and empirical problems associated with the assessment of the long-run price elasticity of the demand for electricity, and the theoretical-econometric considerations that lead to the reasonable estimates of price elasticities of demand from those provided by recent empirical studies. Section 3 covers the theoretical and empirical difficulties associated with the construction of the long-run social marginal cost curves (LRSMC) of electricity. Sections 4 and 5 discuss the assessment methodology and provide numerical examples for the calculation of the INSB resulting from nuclear-fueled power generation

A business case evaluation of workplace engineering noise control: a net-cost model.

Science.gov (United States)

Lahiri, Supriya; Low, Colleen; Barry, Michael

2011-03-01

This article provides a convenient tool for companies to determine the costs and benefits of alternative interventions to prevent noise-induced hearing loss (NIHL). Contextualized for Singapore and in collaboration with Singapore's Ministry of Manpower, the Net-Cost model evaluates costs of intervention for equipment and labor, avoided costs of productivity losses and medical care, and productivity gains from the employer's economic perspective. To pilot this approach, four case studies are presented, with varying degrees of economic benefits to the employer, including one in which multifactor productivity is the main driver. Although compliance agencies may not require economic analysis of NIHL, given scarce resources in a market-driven economy, this tool enables stakeholders to understand and compare the costs and benefits of NIHL interventions comprehensively and helps in determining risk management strategies.

Assessing the economic benefits of vaccines based on the health investment life course framework: a review of a broader approach to evaluate malaria vaccination.

Science.gov (United States)

Constenla, Dagna

2015-03-24

Economic evaluations have routinely understated the net benefits of vaccination by not including the full range of economic benefits that accrue over the lifetime of a vaccinated person. Broader approaches for evaluating benefits of vaccination can be used to more accurately calculate the value of vaccination. This paper reflects on the methodology of one such approach - the health investment life course approach - that looks at the impact of vaccine investment on lifetime returns. The role of this approach on vaccine decision-making will be assessed using the malaria health investment life course model example. We describe a framework that measures the impact of a health policy decision on government accounts over many generations. The methodological issues emerging from this approach are illustrated with an example from a recently completed health investment life course analysis of malaria vaccination in Ghana. Beyond the results, various conceptual and practical challenges of applying this framework to Ghana are discussed in this paper. The current framework seeks to understand how disease and available technologies can impact a range of economic parameters such as labour force participation, education, healthcare consumption, productivity, wages or economic growth, and taxation following their introduction. The framework is unique amongst previous economic models in malaria because it considers future tax revenue for governments. The framework is complementary to cost-effectiveness and budget impact analysis. The intent of this paper is to stimulate discussion on how existing and new methodology can add to knowledge regarding the benefits from investing in new and underutilized vaccines. Copyright © 2015 Elsevier Ltd. All rights reserved.

Economic Benefits of Self-Employment for Canadian Immigrants.

Science.gov (United States)

Nakhaie, Reza

2015-11-01

This paper evaluates the economic benefits of self-employment in Canada for 12 groups of ethno-racial immigrants. It tests whether or not their self-employment earnings are higher or lower than similar groups in wage and salary employment, whether ethnic minorities earn more or less from self-employment compared to White immigrants, and whether self-employment earnings of immigrant groups vary by their industrial sectors of employment. Using the Canadian Census 2006, I show that self-employed ethno-racial immigrants earn less than White immigrants. I also show that the economic benefits of self-employment depend on the ethno-racial groups and the industrial mix of their self-employment. © 2015 Canadian Sociological Association/La Société canadienne de sociologie.

Positive Catch & Economic Benefits of Periodic Octopus Fishery Closures: Do Effective, Narrowly Targeted Actions 'Catalyze' Broader Management?

Science.gov (United States)

Oliver, Thomas A; Oleson, Kirsten L L; Ratsimbazafy, Hajanaina; Raberinary, Daniel; Benbow, Sophie; Harris, Alasdair

2015-01-01

Eight years of octopus fishery records from southwest Madagascar reveal significant positive impacts from 36 periodic closures on: (a) fishery catches and (b) village fishery income, such that (c) economic benefits from increased landings outweigh costs of foregone catch. Closures covered ~20% of a village's fished area and lasted 2-7 months. Octopus landings and catch per unit effort (CPUE) significantly increased in the 30 days following a closure's reopening, relative to the 30 days before a closure (landings: +718%, poctopus fishery income doubled in the 30 days after a closure, relative to 30 days before (+132%, p<0.001, n = 28). Control villages not implementing a closure showed no increase in income after "no ban" closures and modest increases after "ban" closures. Villages did not show a significant decline in income during closure events. Landings in closure sites generated more revenue than simulated landings assuming continued open-access fishing at that site (27/36 show positive net earnings; mean +$305/closure; mean +57.7% monthly). Benefits accrued faster than local fishers' time preferences during 17-27 of the 36 closures. High reported rates of illegal fishing during closures correlated with poor economic performance. We discuss the implications of our findings for broader co-management arrangements, particularly for catalyzing more comprehensive management.

CO2 emission reduction policies in the greek residential sector: a methodological framework for their economic evaluation

International Nuclear Information System (INIS)

Mirasgedis, S.; Georgopoulou, E.; Sarafidis, Y.; Balaras, C.; Gaglia, A.; Lalas, D.P.

2004-01-01

This paper outlines a methodological framework for the economic evaluation of CO 2 emissions abatement policies and measures in the residential sector, taking into consideration both economic and social costs/benefits. The approach includes two stages: first, the measures under consideration are evaluated on the basis of a cost effectiveness analysis, which takes into account only the related net financial costs, thus highlighting win-win actions (i.e. measures presenting an economic benefit for end users without the provision of any economic subsidies or other similar policies); and second, the measures are re-evaluated using an integrated cost benefit analysis (where both the private and external costs/benefits are taken into account). The economic performance of the measures examined incorporates the effects of a variety of parameters, such as the region's climate, size and age of buildings, etc., which significantly affect the resulting ranking. The implementation of this framework in the Greek residential sector identified and prioritized a significant emissions reduction potential, which could be achieved with win-win measures and/or interventions that present a net social benefit. Measures with negative economic cost but positive net social benefit for the majority of the buildings examined include: (i) regular inspection of central heating boilers, (ii) use of thermostats in central heating boilers, (iii) sealing of openings, (iv) installation of solar collectors for hot water etc. The monetization of environmental benefits is shown to provide a powerful tool for highlighting priority actions in the context of a climate change mitigation policy

Optimal allocation of bulk water supplies to competing use sectors based on economic criterion - An application to the Chao Phraya River Basin, Thailand

Science.gov (United States)

Divakar, L.; Babel, M. S.; Perret, S. R.; Gupta, A. Das

2011-04-01

SummaryThe study develops a model for optimal bulk allocations of limited available water based on an economic criterion to competing use sectors such as agriculture, domestic, industry and hydropower. The model comprises a reservoir operation module (ROM) and a water allocation module (WAM). ROM determines the amount of water available for allocation, which is used as an input to WAM with an objective function to maximize the net economic benefits of bulk allocations to different use sectors. The total net benefit functions for agriculture and hydropower sectors and the marginal net benefit from domestic and industrial sectors are established and are categorically taken as fixed in the present study. The developed model is applied to the Chao Phraya basin in Thailand. The case study results indicate that the WAM can improve net economic returns compared to the current water allocation practices.

Considerations on the assessment of economic benefits of industrial tracer application

International Nuclear Information System (INIS)

Guizerix, J.; Margrita, R.

1990-01-01

The benefit of a particular tracer study which can always theoretically be derived is practically very difficult to assess for decision-making which is more often based on rough estimates of it. Other criteria, as safety, environmental protection, 'social benefit', may replace the purely economic considerations. The economic benefits of industrial tracer applications can clearly be perceived through the commercial success of businesses offering tracer services, which implies that all factors involved in the law of supply and demand have (tacitly or explictly) been accounted. (orig.) [de

Environmental and economic benefits of sustainable development

International Nuclear Information System (INIS)

McKay, P.; Kelly, B.; Passmore, J.

1997-01-01

The panel on sustainable development was moderated by Paul McKay of the Wildside Foundation. Bryan Kelly, Director of Environment and Sustainable Development at Ontario Hydro, and Jeffrey Passmore of Passmore Associates International were the panel members. Bryan Kelly described the objectives of his group's program as reducing market barriers, and get renewables on a level playing field through technological advances to ensure that ' when Ontario Hydro or its successors make decisions about new capacity, renewables will be a viable option and will not be dismissed out of hand'. To illustrate the approach, he described several ongoing research and development projects. Jeffrey Passmore reported on a study he conducted for the Canadian Wind Energy Association and Environment Canada to determine the environmental and economic benefits of wind energy in Canada. He estimated achievable wind energy potential in Canada at around 6400 MW by 2010. He stressed wind energy's potential for job creation and CO 2 reduction as the principal economic and environmental benefits

The Mersey Barrage - indirect benefits: the economic and regional case

International Nuclear Information System (INIS)

Cockle, P.J.; McCormack, J.J.

1992-01-01

A major cost-benefit exercise, a regional and an exchequer impact assessment were performed. The cost-benefit net present values (NPV) (1991 prices) of market and non-market streams revealed: capital and operating cost (-Pound 799 million), electricity output (Pound 310 million), CO 2 savings (Pound 627 million), security of energy supply (Pound 18 million), amenity benefit/blight (-Pound 1 million), tourism (Pound 5 million), leisure (Pound 7 million), waders and wildfowl impact (-Pound 8 million) and a road crossing (Pound 132 million). The total mid-range estimate of Pound 370 million confirms the barrage would increase Britain's welfare. During construction the barrage would support up to 2,100 Merseyside jobs and 600 in operation. The cumulative gains to the exchequer are Pound 300 million. (author)

Monetary benefits of preventing childhood lead poisoning with lead-safe window replacement

OpenAIRE

Nevin, Rick; Jacobs, David / E.; Berg, Michael; Cohen, Jonathan

2007-01-01

Previous estimates of childhood lead poisoning prevention benefits have quantified the present value of some health benefits, but not the costs of lead paint hazard control or the benefits associated with housing and energy markets. Because older housing with lead paint constitutes the main exposure source today in the U.S., we quantify health benefits, costs, market value benefits, energy savings, and net economic benefits of lead-safe window replacement (which includes paint stabilization ...

Net metering: zero electricity bill

International Nuclear Information System (INIS)

Mangi, A.; Khan, Z.

2011-01-01

Worldwide move towards renewable energy sources, environmental concerns and decentralization of the power sector have made net metering an attractive option for power generation at small scale. This paper discusses the net metering, economical issues of renewable sources in Pakistan, technical aspects, installation suitability according to varying terrain, existing utility rules and formulation of legislation for net metering making it economically attractive. (author)

Prediction of net energy consumption based on economic indicators (GNP and GDP) in Turkey

International Nuclear Information System (INIS)

Soezen, Adnan; Arcaklioglu, Erol

2007-01-01

The most important theme in this study is to obtain equations based on economic indicators (gross national product-GNP and gross domestic product-GDP) and population increase to predict the net energy consumption of Turkey using artificial neural networks (ANNs) in order to determine future level of the energy consumption and make correct investments in Turkey. In this study, three different models were used in order to train the ANN. In one of them (Model 1), energy indicators such as installed capacity, generation, energy import and energy export, in second (Model 2), GNP was used and in the third (Model 3), GDP was used as the input layer of the network. The net energy consumption (NEC) is in the output layer for all models. In order to train the neural network, economic and energy data for last 37 years (1968-2005) are used in network for all models. The aim of used different models is to demonstrate the effect of economic indicators on the estimation of NEC. The maximum mean absolute percentage error (MAPE) was found to be 2.322732, 1.110525 and 1.122048 for Models 1, 2 and 3, respectively. R 2 values were obtained as 0.999444, 0.999903 and 0.999903 for training data of Models 1, 2 and 3, respectively. The ANN approach shows greater accuracy for evaluating NEC based on economic indicators. Based on the outputs of the study, the ANN model can be used to estimate the NEC from the country's population and economic indicators with high confidence for planing future projections

Economic analysis of measles elimination program in the Republic of Korea, 2001: a cost benefit analysis study.

Science.gov (United States)

Bae, Geun-Ryang; Choe, Young June; Go, Un Yeong; Kim, Yong-Ik; Lee, Jong-Koo

2013-05-31

In this study, we modeled the cost benefit analysis for three different measles vaccination strategies based upon three different measles-containing vaccines in Korea, 2001. We employed an economic analysis model using vaccination coverage data and population-based measles surveillance data, along with available estimates of the costs for the different strategies. In addition, we have included analysis on benefit of reduction of complication by mumps and rubella. We evaluated four different strategies: strategy 1, keep-up program with a second dose measles-mumps-rubella (MMR) vaccine at 4-6 years without catch-up campaign; strategy 2, additional catch-up campaign with measles (M) vaccine; strategy 3, catch-up campaign with measles-rubella (MR) vaccine; and strategy 4, catch-up campaign with MMR vaccine. The cost of vaccination included cost for vaccines, vaccination practices and other administrative expenses. The direct benefit of estimated using data from National Health Insurance Company, a government-operated system that reimburses all medical costs spent on designated illness in Korea. With the routine one-dose MMR vaccination program, we estimated a baseline of 178,560 measles cases over the 20 years; when the catch-up campaign with M, MR or MMR vaccines was conducted, we estimated the measles cases would decrease to 5936 cases. Among all strategies, the two-dose MMR keep-up program with MR catch-up campaign showed the highest benefit-cost ratio of 1.27 with a net benefit of 51.6 billion KRW. Across different vaccination strategies, our finding suggest that MR catch-up campaign in conjunction with two-dose MMR keep-up program was the most appropriate option in terms of economic costs and public health effects associated with measles elimination strategy in Korea. Copyright © 2013 Elsevier Ltd. All rights reserved.

Techniques for getting the most from an evaluation: Review of methods and results for attributing progress, non-energy benefits, net to gross, and cost-benefit

International Nuclear Information System (INIS)

Skumatz, Lisa A.

2005-01-01

As background for several evaluation and attribution projects, the authors conducted research on best practices in a few key areas of evaluation. We focused on techniques used in measuring market progress, enhanced techniques in attributing net energy impacts, and examining omitted program effects, particularly net non-energy benefits. The research involved a detailed literature review, interviews with program managers and evaluators across the US, and refinements of techniques used by the authors in conducting evaluation work. The object of the research was to uncover successful (and unsuccessful) approaches being used for key aspects of evaluation work. The research uncovered areas of tracking that are becoming more commonly used by agencies to assess progress in the market. In addition, detailed research by the authors on a number of impact and attribution evaluations have also led to recommendations on key practices that we believe comprise elements of best practices for assessments of attributable program effects. Specifically, we have identified a number of useful steps to improve the attribution of impacts to program interventions. Information on techniques for both attribution/causality work for a number of programs are presented - including market transformation programs that rely on marketing, advertising, training, and mid-stream incentives and work primarily with a network of participating mid-market actors. The project methods and results are presented and include: Theory-based evaluation, indicators, and hypothesis testing; Enhanced measurement of free riders, spillover, and other effects, and attribution of impacts using distribution and ranges of measure and intervention impacts, rather than less reliable point estimates; Attribution of program-induced non-energy benefits; Net to gross, benefit cost analysis, and incorporation of scenario/risk analysis of results; Comparison of net to gross results across program types to explore patterns and

Techniques for getting the most from an evaluation: Review of methods and results for attributing progress, non-energy benefits, net to gross, and cost-benefit

Energy Technology Data Exchange (ETDEWEB)

Skumatz, Lisa A. [Skumatz Economic Research Associates, Inc., Superior, CO (United States)

2005-07-01

As background for several evaluation and attribution projects, the authors conducted research on best practices in a few key areas of evaluation. We focused on techniques used in measuring market progress, enhanced techniques in attributing net energy impacts, and examining omitted program effects, particularly net non-energy benefits. The research involved a detailed literature review, interviews with program managers and evaluators across the US, and refinements of techniques used by the authors in conducting evaluation work. The object of the research was to uncover successful (and unsuccessful) approaches being used for key aspects of evaluation work. The research uncovered areas of tracking that are becoming more commonly used by agencies to assess progress in the market. In addition, detailed research by the authors on a number of impact and attribution evaluations have also led to recommendations on key practices that we believe comprise elements of best practices for assessments of attributable program effects. Specifically, we have identified a number of useful steps to improve the attribution of impacts to program interventions. Information on techniques for both attribution/causality work for a number of programs are presented - including market transformation programs that rely on marketing, advertising, training, and mid-stream incentives and work primarily with a network of participating mid-market actors. The project methods and results are presented and include: Theory-based evaluation, indicators, and hypothesis testing; Enhanced measurement of free riders, spillover, and other effects, and attribution of impacts using distribution and ranges of measure and intervention impacts, rather than less reliable point estimates; Attribution of program-induced non-energy benefits; Net to gross, benefit cost analysis, and incorporation of scenario/risk analysis of results; Comparison of net to gross results across program types to explore patterns and

Integrating black liquor gasification with pulping - Process simulation, economics and potential benefits

Science.gov (United States)

Lindstrom, Erik Vilhelm Mathias

Gasification of black liquor could drastically increase the flexibility and improve the profit potential of a mature industry. The completed work was focused on research around the economics and benefits of its implementation, utilizing laboratory pulping experiments and process simulation. The separation of sodium and sulfur achieved through gasification of recovered black liquor, can be utilized in processes like modified continuous cooking, split sulfidity and green liquor pretreatment pulping, and polysulfide-anthraquinone pulping, to improve pulp yield and properties. Laboratory pulping protocols have been developed for these modified pulping technologies and different process options evaluated. The process simulation work around BLG has led to the development of a WinGEMS module for the low temperature MTCI steam reforming process, and case studies comparing a simulated conventional kraft process to different process options built around the implementation of a BLG unit operation into the kraft recovery cycle. Pulp yield increases of 1-3% points with improved product quality, and the potential for capital and operating cost savings relative to the conventional kraft process have been demonstrated. Process simulation work has shown that the net variable operating cost for a pulping process using BLGCC is highly dependent on the cost of lime kiln fuel and the selling price of green power to the grid. Under the assumptions taken in the performed case study, the BLGCC process combined with split sulfidity or PSAQ pulping operations had net variable operating cost 2-4% greater than the kraft reference. The influence of the sales price of power to the grid is the most significant cost factor. If a sales price increase to 6 ¢/KWh for green power could be achieved, cost savings of about $40/ODtP could be realized in all investigated BLG processes. Other alternatives to improve the process economics around BLG would be to modify or eliminate the lime kiln unit

State of the art in benefit-risk analysis: economics and marketing-finance.

Science.gov (United States)

Kalogeras, N; Odekerken-Schröder, G; Pennings, J M E; Gunnlaugsdóttir, H; Holm, F; Leino, O; Luteijn, J M; Magnússon, S H; Pohjola, M V; Tijhuis, M J; Tuomisto, J T; Ueland, Ø; White, B C; Verhagen, H

2012-01-01

All market participants (e.g., investors, producers, consumers) accept a certain level of risk as necessary to achieve certain benefits. There are many types of risk including price, production, financial, institutional, and individual human risks. All these risks should be effectively managed in order to derive the utmost of benefits and avoid disruption and/or catastrophic economic consequences for the food industry. The identification, analysis, determination, and understanding of the benefit-risk trade-offs of market participants in the food markets may help policy makers, financial analysts and marketers to make well-informed and effective corporate investment strategies in order to deal with highly uncertain and risky situations. In this paper, we discuss the role that benefits and risks play in the formation of the decision-making process of market-participants, who are engaged in the upstream and downstream stages of the food supply chain. In addition, we review the most common approaches (expected utility model and psychometrics) for measuring benefit-risk trade-offs in the economics and marketing-finance literature, and different factors that may affect the economic behaviour in the light of benefit-risk analyses. Building on the findings of our review, we introduce a conceptual framework to study the benefit-risk behaviour of market participants. Specifically, we suggest the decoupling of benefits and risks into the separate components of utilitarian benefits, hedonic benefits, and risk attitude and risk perception, respectively. Predicting and explaining how market participants in the food industry form their overall attitude in light of benefit-risk trade-offs may be critical for policy-makers and managers who need to understand the drivers of the economic behaviour of market participants with respect to production, marketing and consumption of food products. Copyright © 2011 Elsevier Ltd. All rights reserved.

Evaluating economic costs and benefits of climate resilient livelihood strategies

Directory of Open Access Journals (Sweden)

S. Liu

2016-01-01

Full Text Available A major challenge for international development is to assist the poorest regions to achieve development targets while taking climate change into account. Such ‘climate resilient development’ (CRD must identify and implement adaptation strategies for improving livelihoods while also being cost-effective. While the idea that climate resilience and development goals should be compatible is often discussed, empirical evaluations of the economic impacts of actual CRD investments are practically non-existent. This paper outlines a framework to evaluate economic returns to CRD and applies it in two adaptation strategies trialed in Nusa Tenggara Barat Province, eastern Indonesia. The evaluation framework is composed of three models: a household benefit cost model, a diffusion model, and a regional benefit cost model. The models draw upon the impact evaluation, technology diffusion, and risk assessment literatures, respectively. The analyzes are based on expert opinion and locally-derived information, and hence can be applied in data-poor situations typical of developing countries. Our results explore economic costs and benefits at the household and regional scale, and we identify key input variables that greatly influence the economic returns of the strategies. These variables should therefore be a focus of ongoing investment. We also discuss how the framework is more generally applicable, its limitations including challenges in accounting for less tangible social and ecosystem service benefits, potentially leading to the underestimation of impacts, and how the approach should be complemented by qualitative methods.

Integrated North Sea grids: The costs, the benefits and their distribution between countries

International Nuclear Information System (INIS)

Konstantelos, Ioannis; Pudjianto, Danny; Strbac, Goran; De Decker, Jan; Joseph, Pieter; Flament, Aurore; Kreutzkamp, Paul; Genoese, Fabio; Rehfeldt, Leif; Wallasch, Anna-Kathrin; Gerdes, Gerhard; Jafar, Muhammad; Yang, Yongtao; Tidemand, Nicolaj; Jansen, Jaap; Nieuwenhout, Frans; Welle, Adriaan van der; Veum, Karina

2017-01-01

A large number of offshore wind farms and interconnectors are expected to be constructed in the North Sea region over the coming decades, creating substantial opportunities for the deployment of integrated network solutions. Creating interconnected offshore grids that combine cross-border links and connections of offshore plants to shore offers multiple economic and environmental advantages for Europe's energy system. However, despite evidence that integrated solutions can be more beneficial than traditional radial connection practices, no such projects have been deployed yet. In this paper we quantify costs and benefits of integrated projects and investigate to which extent the cost-benefit sharing mechanism between participating countries can impede or encourage the development of integrated projects. Three concrete interconnection case studies in the North Sea area are analysed in detail using a national-level power system model. Model outputs are used to compute the net benefit of all involved stakeholders under different allocation schemes. Given the asymmetric distribution of costs and benefits, we recommend to consistently apply the Positive Net Benefit Differential mechanism as a starting point for negotiations on the financial closure of investments in integrated offshore infrastructure. - Highlights: • Three North Sea offshore gird case studies are analysed. • They are shown to have substantial net benefit over non-integrated network designs. • Asymmetric net benefit sharing between countries is shown to be a barrier. • Positive Net Benefit Differential method alleviates asymmetric benefits.

Planning of nets

International Nuclear Information System (INIS)

Carberry, M

1996-01-01

The paper is about the planning of nets in areas of low density like it is the case of the rural areas. The author includes economic and technological aspects, planning of nets, demands and management among others

Alberta benefits : economic impacts of northern gas pipeline construction

International Nuclear Information System (INIS)

Rylska, N.L.; Graebeiel, J.E.; Mirus, R.K.; Janzen, S.S.; Frost, R.J.

2003-11-01

This paper describes the potential economic impact and benefits to Alberta from the proposed development of the Alaska Highway Pipeline (AHP) and the Mackenzie Valley Pipeline (MVP). It also includes a planning framework for business and industry in the province. Each proposed pipeline was evaluated separately. The paper includes a list of Alberta companies that stand to benefit from the construction of one or both pipelines. The main findings indicate that northern pipeline development will bring opportunities to Alberta business in design, construction and management. There will be a secondary impact on petrochemical industries and infrastructure. Both pipeline developments will increase employment and yield billions of dollars in gross domestic product. The existing oil and gas industry in Alberta will receive value-added opportunities in areas of specialized expertise such as natural gas and natural gas liquid storage, natural gas liquid processing, and gas to liquid technology projects. The industry will also benefit from power generation and cogeneration. The northern pipelines have the potential to improve the role of First Nations in economic development. Gas consumers in Alberta should benefit from a secure supply of gas and lower prices. refs., tabs., figs

Estimating the Economic Benefits of Regional Ocean Observing Systems

National Research Council Canada - National Science Library

Kite-Powell, Hauke L; Colgan, Charles S; Wellman, Katharine F; Pelsoci, Thomas; Wieand, Kenneth; Pendleton, Linwood; Kaiser, Mark J; Pulsipher, Allan G; Luger, Michael

2005-01-01

We develop a methodology to estimate the potential economic benefits from new investments in regional coastal ocean observing systems in US waters, and apply this methodology to generate preliminary...

How Well Does the “Safety Net” Work for Family Safety Nets? Economic Survival Strategies Among Grandmother Caregivers in Severe Deprivation

Directory of Open Access Journals (Sweden)

LaShawnDa Pittman

2015-11-01

Full Text Available Using qualitative data collected from fifty-eight African American grandmothers raising grandchildren in skipped-generation households (SGHs, I reveal how and why women in non-normative families, lacking legal protections and publicly recognized authority as parents, must negotiate risk in pursuit of resources. I demonstrate that these grandmothers struggle for economic survival while seeking simultaneously to minimize the risk of losing their grandchildren and maximize their chances of receiving public assistance. I argue that grandmothers in SGHs face significant challenges obtaining government benefits owing to policy eligibility guidelines, street-level implementation, and family dynamics. Ultimately, I illustrate how the severe deprivation experienced by these grandmothers is exacerbated by their exclusion from safety net programs that could help them support the children in their care.

Social Cost Benefit Analysis of HL-LHC

CERN Document Server

Bastianin, Andrea

2018-01-01

We present a Social Cost–Benefit Analysis (CBA) of the High Luminosity upgrade of the Large Hadron Collider (HL-LHC), assessing its economic costs and benefits up to 2038. The Net Present Value (NPV) of the HL-LHC project is positive at the end of the observation period. The ratio between incremental benefits and incremental costs of the HL-LHC with respect to continue operating the LHC under normal consolidation (i.e. without high-luminosity upgrade) is slightly over 1.7, meaning that each Swiss Franc invested in the HL-LHC upgrade project pays back approximately 1.7 CHF in societal benefits. Simulations based on 50000 Monte Carlo rounds show that there is a 94% chance to observe a positive NPV (i.e. a quantifiable economic benefit for the society). The attractiveness of CERN for Early Stage Researchers (ESR) is key for a positive CBA result. Given that benefits to ESRs are the single most important societal benefit, CERN should invest more in activities facilitating the transition to the international job...

Net clinical benefit of new oral anticoagulants (dabigatran, rivaroxaban, apixaban) versus no treatment in a 'real world' atrial fibrillation population: a modelling analysis based on a nationwide cohort study.

Science.gov (United States)

Banerjee, Amitava; Lane, Deirdre A; Torp-Pedersen, Christian; Lip, Gregory Y H

2012-03-01

The concept of net clinical benefit has been used to quantify the balance between risk of ischaemic stroke (IS) and risk of intracranial haemorrhage (ICH) with the use oral anticoagulant therapy (OAC) in the setting of non-valvular atrial fibrillation (AF), and has shown that patients at highest risk of stroke and thromboembolism gain the greatest benefit from OAC with warfarin. There are no data for the new OACs, that is, dabigatran, rivaroxaban and apixaban, as yet. We calculated the net clinical benefit balancing IS against ICH using data from the Danish National Patient Registry on patients with non-valvular AF between 1997-2008, for dabigatran, rivaroxaban and apixaban on the basis of recent clinical trial outcome data for these new OACs. In patients with CHADS(2)=0 but at high bleeding risk, apixaban and dabigatran 110 mg bid had a positive net clinical benefit. At CHA(2)DS(2)-VASc=1, apixaban and both doses of dabigatran (110 mg and 150 mg bid) had a positive net clinical benefit. In patients with CHADS(2) score≥1 or CHA(2)DS(2)-VASc≥2, the three new OACs (dabigatran, rivaroxaban and apixaban) appear superior to warfarin for net clinical benefit, regardless of risk of bleeding. When risk of bleeding and stroke are both high, all three new drugs appear to have a greater net clinical benefit than warfarin. In the absence of head-to-head trials for these new OACs, our analysis may help inform decision making processes when all these new OACs become available to clinicians for stroke prevention in AF. Using 'real world' data, our modelling analysis has shown that when the risk of bleeding and stroke are both high, all three new drugs appear to have a greater net clinical benefit compared to warfarin.

Nuclear generation cost management and economic benefits

International Nuclear Information System (INIS)

Horton, E.P.; Sepa, T.R.

1989-01-01

The CANDU-Pressurized Heavy Water (CANDU-PHW) type of nuclear generating station has been developed jointly by Atomic Energy of Canada Limited and Ontario Hydro. This report discusses the cost management principles used for Ontario Hydro's CANDU-PHW program, current cost management initiatives, and the economic benefits of nuclear power to the provinces of Ontario and New Brunswick, in Canada

A comparative assessment of the economic benefits from shale gas ...

African Journals Online (AJOL)

This paper is an attempt to inform the policy debate by highlighting both the potential economic benefits and environmental costs. To date, the Econometrix report (published in 2012) provides the only estimate of the economic impacts that may emanate from developing the Karoo's shale gas. The report uses a Keynesian ...

Systematic co-operation between employer, occupational health service and social insurance office: a 6-year follow-up of vocational rehabilitation for people on sick-leave, including economic benefits.

Science.gov (United States)

Kärrholm, Jenny; Ekholm, Karolina; Ekholm, Jan; Bergroth, Alf; Ekholm, Kristina Schüldt

2008-08-01

To evaluate the effects of systematic co-operation among municipal employees on the number of sick-leave days per month and the type of benefit granted by the Social Insurance Office. A further aim was to evaluate the economic consequences for society. A 6-year follow-up study with a matched-pairs design. Days on sick-leave were calculated for each subject one year before the intervention started and yearly for the following 6-year period. Statistical mixed-model analysis was used. The economic benefit of the intervention was estimated as the increased production stemming from fewer days on sick-leave. Sixty-four employees on long-term sick-leave were individually matched with controls from another Social Insurance Office in a county with a socioeconomic structure similar to that of the study group. The study group had 5.7 fewer days on sick-leave per month and person over the 6-year period (p=0.003). The estimated average economic benefit of the intervention was euro36,600 per person over the 6-year period. In conclusion, those who received systematic co-operation in vocational rehabilitation had fewer days on sick-leave than their "treatment-as-usual" peers. This effect persisted over 6 years, generating substantial net economic gains for society.

Applying the net-benefit framework for analyzing and presenting cost-effectiveness analysis of a maternal and newborn health intervention.

Directory of Open Access Journals (Sweden)

Sennen Hounton

Full Text Available BACKGROUND: Coverage of maternal and newborn health (MNH interventions is often influenced by important determinants and decision makers are often concerned with equity issues. The net-benefit framework developed and applied alongside clinical trials and in pharmacoeconomics offers the potential for exploring how cost-effectiveness of MNH interventions varies at the margin by important covariates as well as for handling uncertainties around the ICER estimate. AIM: We applied the net-benefit framework to analyze cost-effectiveness of the Skilled Care Initiative and assessed relative advantages over a standard computation of incremental cost effectiveness ratios. METHODS: Household and facility surveys were carried out from January to July 2006 in Ouargaye district (where the Skilled Care Initiative was implemented and Diapaga (comparison site district in Burkina Faso. Pregnancy-related and perinatal mortality were retrospectively assessed and data were collected on place of delivery, education, asset ownership, place, and distance to health facilities, costs borne by households for institutional delivery, and cost of standard provision of maternal care. Descriptive and regression analyses were performed. RESULTS: There was a 30% increase in institutional births in the intervention district compared to 10% increase in comparison district, and a significant reduction of perinatal mortality rates (OR 0.75, CI 0.70-0.80 in intervention district. The incremental cost for achieving one additional institutional delivery in Ouargaye district compared to Diapaga district was estimated to be 170 international dollars and varied significantly by covariates. However, the joint probability distribution (net-benefit framework of the effectiveness measure (institutional delivery, the cost data and covariates indicated distance to health facilities as the single most important determinant of the cost-effectiveness analysis with implications for policy making

International trade causes large net economic losses in tropical countries via the destruction of ecosystem services.

Science.gov (United States)

Chang, Junning; Symes, William S; Lim, Felix; Carrasco, L Roman

2016-05-01

Despite the large implications of the use of tropical land for exports ("land absorption") on ecosystem services (ES) and global biodiversity conservation, the magnitude of these externalities is not known. We quantify the net value of ES lost in tropical countries as a result of cropland, forestland and pastureland absorption for exports after deducting ES gains through imports ("land displacement"). We find that net ES gains occur only in 7 out of the 41 countries and regions considered. We estimate global annual net losses of over 1.7 x 10(12) international dollars (I$) (I$1.1 x 10(12) if carbon-related services are not considered). After deducting the benefits from agricultural, forest and livestock rents in land replacing tropical forests, the net annual losses are I$1.3 and I$0.7 x 10(12), respectively. The results highlight the large magnitude of tropical ES losses through international trade that are not compensated by the rents of land uses in absorbed land.

Emergy evaluation of water utilization benefits in water-ecological-economic system based on water cycle process

Science.gov (United States)

Guo, X.; Wu, Z.; Lv, C.

2017-12-01

The water utilization benefits are formed by the material flow, energy flow, information flow and value stream in the whole water cycle process, and reflected along with the material circulation of inner system. But most of traditional water utilization benefits evaluation are based on the macro level, only consider the whole material input and output and energy conversion relation, and lack the characterization of water utilization benefits accompanying with water cycle process from the formation mechanism. In addition, most studies are from the perspective of economics, only pay attention to the whole economic output and sewage treatment economic investment, but neglect the ecological function benefits of water cycle, Therefore, from the perspective of internal material circulation in the whole system, taking water cycle process as the process of material circulation and energy flow, the circulation and flow process of water and other ecological environment, social economic elements were described, and the composition of water utilization positive and negative benefits in water-ecological-economic system was explored, and the performance of each benefit was analyzed. On this basis, the emergy calculation method of each benefit was proposed by emergy quantitative analysis technique, which can realize the unified measurement and evaluation of water utilization benefits in water-ecological-economic system. Then, taking Zhengzhou city as an example, the corresponding benefits of different water cycle links were calculated quantitatively by emergy method, and the results showed that the emergy evaluation method of water utilization benefits can unify the ecosystem and the economic system, achieve uniform quantitative analysis, and measure the true value of natural resources and human economic activities comprehensively.

Economic Benefits of Space Tourism to Europe

Science.gov (United States)

Collins, P.

The European aerospace industry has been very slow to consider the commercial opportunities in supplying passenger space travel services. This has been a costly mistake not just of space policy, but also of economic policy and environmental policy. This is because it is very unlikely that space tourism will remain just a small-scale activity of the very rich; it is much more likely to grow into a major new industry, employing millions of people in high quality employment - eventually much of it outside the Earth's eco-system. This is particularly important because, although the European “social-economic model” has greater popular support than the “USA model” (including among the general USA population), Europe today faces the major problem of high unemployment, which is imposing heavy social and economic costs. If Europe makes serious efforts soon to encourage the growth of passenger space travel, and of the many other economically and environmentally valuable space activities to which this will lead, then commercial space activities could become a major new axis of economic growth and employment-creation for Europe. Moreover, Europe has several advantages over the USA, Russia, Japan, China and India, and so could play a leading role in this field, if policy errors are corrected. The paper discusses the above possibilities, and the potential economic, environmental and other benefits for Europe in investing boldly in this fledgling industry.

The Use of Economic Evaluation to Inform Newborn Screening Policy Decisions: The Washington State Experience.

Science.gov (United States)

Grosse, Scott D; Thompson, John D; Ding, Yao; Glass, Michael

2016-06-01

Newborn screening not only saves lives but can also yield net societal economic benefit, in addition to benefits such as improved quality of life to affected individuals and families. Calculations of net economic benefit from newborn screening include the monetary equivalent of avoided deaths and reductions in costs of care for complications associated with late-diagnosed individuals minus the additional costs of screening, diagnosis, and treatment associated with prompt diagnosis. Since 2001 the Washington State Department of Health has successfully implemented an approach to conducting evidence-based economic evaluations of disorders proposed for addition to the state-mandated newborn screening panel. Economic evaluations can inform policy decisions on the expansion of newborn screening panels. This article documents the use of cost-benefit models in Washington State as part of the rule-making process that resulted in the implementation of screening for medium-chain acyl-CoA dehydrogenase (MCAD) deficiency and 4 other metabolic disorders in 2004, cystic fibrosis (CF) in 2006, 15 other metabolic disorders in 2008, and severe combined immune deficiency (SCID) in 2014. We reviewed Washington State Department of Health internal reports and spreadsheet models of expected net societal benefit of adding disorders to the state newborn screening panel. We summarize the assumptions and findings for 2 models (MCAD and CF) and discuss them in relation to findings in the peer-reviewed literature. The MCAD model projected a benefit-cost ratio of 3.4 to 1 based on assumptions of a 20.0 percentage point reduction in infant mortality and a 13.9 percentage point reduction in serious developmental disability. The CF model projected a benefit-cost ratio of 4.0-5.4 to 1 for a discount rate of 3%-4% and a plausible range of 1-2 percentage point reductions in deaths up to age 10 years. The Washington State cost-benefit models of newborn screening were broadly consistent with peer

Quantifying the economic water savings benefit of water hyacinth ...

African Journals Online (AJOL)

Quantifying the economic water savings benefit of water hyacinth ... Value Method was employed to estimate the average production value of irrigation water, ... invasions of this nature, as they present significant costs to the economy and ...

Estimating the Economic Benefits of Forward-Engaged Naval Forces

National Research Council Canada - National Science Library

Looney, Robert E; Schrady, David A; Brown, Ronald L

2001-01-01

In preparing for the 1997 quadrennial defense review, U.S. Navy leaders asked the Naval Postgraduate School to study the economic benefits of forward-engaged naval forces and communicate them to policy makers and the public...

Nuclear power and global warming: a first cost-benefit calculation

International Nuclear Information System (INIS)

Hope, C.

1994-01-01

This paper investigates the costs and benefits of a modest nuclear power programme in the European Union to combat the threat of global warming. The nuclear programme is found to bring a double benefit. The first and more obvious benefit is that the economic impacts of global warming are reduced. The second benefit is counter-intuitive; most people would expect it to be a cost. It comes from the stimulus to the economy from the construction of the nuclear plant, which, with the recycling of carbon tax revenues, offsets its construction and operating costs, and may even cause consumers' expenditure to rise. Calculations in this paper show that over the period to 2100 the mean net present value of the first benefit is 6 billion European Currency Units (ECU; 1 ECU is about Dollars 1), while the second benefit has a mean net present value of 159 billion ECU. However both benefits, particularly the second, are still very uncertain, to the extent that even their sign is not yet definitely established. (author)

Efficiency Assessment of Economic International Cooperation in Development of Arctic Offshore Oil and Gas Resources

Directory of Open Access Journals (Sweden)

Polina V. Beresneva

2015-01-01

Full Text Available The research is focused on efficiency assessment of economic cooperation in development of Arctic offshore oil and gas resources. The author developed an economic model based on cost-benefit analysis (CBA. CBA is used in some countries (EU, USA, Australia as an analytic tool to make public policy decisions. CBA is based on the method of discounting cash flows associated with costs and benefits of public policy. It is assumed that all public goals are equally important inter alia, hence public bodies should opt for those initiatives that maximize public benefits for every dollar spent from the state budget. There are five stages of economic modeling: 1 the definition of public benefits and costs associated with the public initiative; 2 monetary valuation of costs and benefits; 3 the definition of discounting period and discounting rate; 4 the calculation of net present value of cash flows; 5 the comparison of initiatives' net present values. The model is built with a number of hypotheses assumed. It allows making evaluation of investments into the technology to decrease the cost of Arctic offshore oil and gas development. Moreover, the model has two scenarios describing a public policy to support technology development with international economic cooperation and without it. Under given hypotheses both scenarios return positive net present value of policies which proves that governmental initiative to support Arctic technology development is economically justified. Also the model sows that the scenario with international cooperation is more efficient from economic point of view. It is explained by two factors: the higher speed of technology transfer (due W international cooperation and the opportunity to use financial leverage (attracting the funds from foreign partners. The model allows closing the existing scientific gap between the theory of CBA method and its practical use in public decision making.

Integrated rice-duck farming decreases global warming potential and increases net ecosystem economic budget in central China.

Science.gov (United States)

Sheng, Feng; Cao, Cou-Gui; Li, Cheng-Fang

2018-05-31

Over the past decades, many attempts have been made to assess the effects of integrated rice-duck farming on greenhouse gas emissions, use efficient of energy, soil fertility, and economic significance. However, very few studies have been focused on the effects of the farming on net ecosystem economic budget (NEEB). Here, a 2-year field experiment was conducted to comprehensively investigate the effects of ducks raised in paddy fields on CH 4 and N 2 O emissions, global warming potential (GWP), rice grain yield, and NEEB in central China. The experiment included two treatments: integrated rice-duck farming (RD) and conventional rice farming (R). The introduction of ducks into the paddy fields markedly increased the rice grain yield due to enhanced tiller number and root bleeding rate. RD treatment significantly elevated the N 2 O emissions (p < 0.05) but decreased CH 4 emissions (p < 0.05) during rice growing seasons compared with R treatment. Analysis of GWP based on CH 4 and N 2 O emissions showed that compared with R treatment, RD treatment significantly decreased the GWP by 28.1 and 28.0% and reduced the greenhouse gas intensity by 30.6 and 29.8% in 2009 and 2010, respectively. In addition, RD treatment increased NEEB by 40.8 and 39.7% respectively in 2009 and 2010 relative to R treatment. Taken together, our results suggest that the integrated rice-duck farming system is an effective strategy to optimize the economic and environmental benefits of paddy fields in central China.

Benefits and Economic Costs of Managed Aquifer Recharge in California

Directory of Open Access Journals (Sweden)

Debra Perrone

2016-07-01

Full Text Available doi: http://dx.doi.org/10.15447/sfews.2016v14iss2art4Groundwater management is important and challenging, and nowhere is this more evident than in California. Managed aquifer recharge (MAR projects can play an important role in ensuring California manages its groundwater sustainably. Although the benefits and economic costs of surface water storage have been researched extensively, the benefits and economic costs of MAR have been little researched. Historical groundwater data are sparse or proprietary within the state, often impairing groundwater analyses. General obligation bonds from ballot propositions offer a strategic means of mining information about MAR projects, because the information is available publicly. We used bond-funding applications to identify anticipated MAR project benefits and proposed economic costs. We then compared these costs with actual project costs collected from a survey, and identified factors that promote or limit MAR. Our analysis indicates that the median proposed economic cost for MAR projects in California is $410 per acre-foot per year ($0.33 per cubic meter per year. Increasing Water Supply, Conjunctive Use, and Flood Protection are the most common benefits reported. Additionally, the survey indicates that (1 there are many reported reasons for differences between proposed and actual costs ($US 2015 and (2 there is one primary reason for differences between proposed recharge volumes and actual recharge volumes (AFY: availability of source water for recharge. Although there are differences between proposed and actual costs per recharge volume ($US 2015/AFY, the ranges for proposed costs per recharge volume and actual costs per recharge volume for the projects surveyed generally agree. The two most important contributions to the success of a MAR project are financial support and good communication with stakeholders.

Issues in assessing the economic benefits of ambient ozone control: some examples from agriculture

Energy Technology Data Exchange (ETDEWEB)

Adams, R.M.

1983-01-01

Information on the economic benefits arising from alternative secondary National Ambient Air Quality Standards can provide one measure of regulatory efficiency. If benefits assessments are to be used in assessing regulatory impacts of federal standards as recently ordered by President Ronald Reagan, the economic concept of benefits, the limitations of benefits analysis, and the validity of those estimates needs to be clarified. Some methodological and applied issues which can effect the validity of environmental economic assessments as they pertain to agriculture are reviewed. Recent studies from the assessment literature on agriculture are critiqued with respect to how well they address such issues. An attempt is made to identify potential sources of variability in estimates found within that literature. Finally, implications for performance of future assessments are discussed.

Growth Performance, Yields and Economic Benefits of Nile Tilapia ...

African Journals Online (AJOL)

fish culture integration in the growth, yields and economic benefits of fish and vegetables. Two 200 m2 earthen fishponds were stocked with Nile tilapia Oreochromis niloticus at 20,000 fish fingerlings per hectare. Pond A was fertilized with ...

Incremental Net Benefit of Early Intervention for Preschool-Aged Children with Emotional and Behavioral Problems in Foster Care.

Science.gov (United States)

Lynch, Frances L; Dickerson, John F; Saldana, Lisa; Fisher, Phillip A

2014-01-01

Of 1 million cases of child maltreatment identified every year in the United States, one-fifth result in foster care. Many of these children suffer from significant emotional and behavioral conditions. Decision-makers must allocate highly constrained budgets to serve these children. Recent evidence suggests that Multidimensional Treatment Foster Care for Preschoolers can reduce negative outcomes for these children, but the relative benefits and costs of the program have not been evaluated. The objective of this study was to assess net benefit, over 24 months, of Multidimensional Treatment Foster Care for Preschoolers compared to regular foster care. Data were from a randomized controlled trial of 117 young children entering a new foster placement. A subsample exhibited placement instability (n = 52). Intervention services including parent training, lasted 9-12 months. Multidimensional Treatment Foster Care for Preschoolers significantly increased permanent placements for the placement instability sample. Average total cost for the new intervention sample was significantly less than for regular foster care (full sample: $27,204 vs. $30,090; P = .004; placement instability sample: $29,595 vs. $36,061; P = .045). Incremental average net benefit was positive at all levels of willingness to pay of zero or greater, indicating that the value of benefits exceeded costs. Multidimensional Treatment Foster Care for Preschoolers has significant benefit for preschool children in foster care with emotional and behavioral disorders compared to regular foster care services. At even modest levels of willingness to pay, benefits exceed costs indicating a strong likeliness that this program is an efficient choice for improving outcomes for young children with emotional and behavioral disorders in foster care.

China Pakistan Economic Corridor (CPEC): Benefits For Pakistan And Comparison With Suez And Panama Canals

Science.gov (United States)

2017-12-01

ECONOMIC CORRIDOR (CPEC): BENEFITS FOR PAKISTAN AND COMPARISON WITH SUEZ AND PANAMA CANALS by Hanif Ullah Khan December 2017 Thesis...DATE December 2017 3. REPORT TYPE AND DATES COVERED Master’s thesis 4. TITLE AND SUBTITLE CHINA PAKISTAN ECONOMIC CORRIDOR (CPEC): BENEFITS FOR...The China Pakistan Economic Corridor (CPEC) is part of China’s “One Belt, One Road” initiative and joins two major economic corridors: The Silk Road

Dollars from Sense: The Economic Benefits of Renewable Energy

Science.gov (United States)

1997-09-01

This document illustrates direct economic benefits, including job creation, of renewable energy technologies. Examples of electricity generation from biomass, wind power, photovoltaics, solar thermal energy, and geothermal energy are given, with emphasis on the impact of individual projects on the state and local community. Employment numbers at existing facilities are provided, including total national employment for each renewable industry where available. Renewable energy technologies offer economic advantages because they are more labor-intensive than conventional generation technologies, and they use primarily indigenous resources.

A Value Chain Analysis of ghost nets in the Arafura Sea: identifying trans-boundary stakeholders, intervention points and livelihood trade-offs.

Science.gov (United States)

Butler, J R A; Gunn, R; Berry, H L; Wagey, G A; Hardesty, B D; Wilcox, C

2013-07-15

Lost or discarded fishing nets are a significant component of marine debris which has trans-boundary impacts in large marine ecosystems. Such 'ghost nets' cause the by-catch of marine fauna and require retrieval from coastlines where they wash up. Identifying the causes of discarded nets and feasible intervention points requires analysis of a complex value chain and the stakeholders within it, yet no studies have attempted this. In this paper we combine Value Chain Analysis, commonly applied to understand value-adding for a commodity, with elements of Life Cycle Assessment and social network analysis to examine the drivers, stakeholders, economic, environmental and social costs and benefits in the life of a trawl net. We use the Arafura Sea as a case study, which is shared by Indonesia, Papua New Guinea and Australia, and is the focus of a Trans-boundary Diagnostic Assessment (TDA) within the Arafura-Timor Seas Ecosystem Action program (ATSEA). We follow a trawl net through four sub-systems: manufacture of webbing in South Korea, fishing and loss by an Indonesian vessel, retrieval as ghost net on the northern Australian coastline by Indigenous rangers, and disposal or re-cycling as 'GhostNet Art' by Indigenous artists. Primary stakeholders along the value chain incur economic and social benefits, and economic and environmental costs. There is an anomaly in the chain between Indonesian fishermen and Indigenous rangers, artists and communities due to the lack of market linkages between these primary stakeholders. The first 'nexus of influence' where reductions in net losses and environmental costs can be achieved is through interactions between GhostNets Australia, the World Wide Fund for Nature and the Australian Government, which can influence Indonesian fishery management institutions and fishing crews. The second nexus is via the international art market which by publicising GhostNet Art can raise awareness amongst fish consumers about the impacts of ghost nets

Modeling the costs and benefits of temporary recommendations for poliovirus exporting countries to vaccinate international travelers.

Science.gov (United States)

Duintjer Tebbens, Radboud J; Thompson, Kimberly M

2017-07-05

Recognizing that infectious agents readily cross international borders, the International Health Regulations Emergency Committee issues Temporary Recommendations (TRs) that include vaccination of travelers from countries affected by public health emergencies, including serotype 1 wild polioviruses (WPV1s). This analysis estimates the costs and benefits of TRs implemented by countries with reported WPV1 during 2014-2016 while accounting for numerous uncertainties. We estimate the TR costs based on programmatic data and prior economic analyses and TR benefits by simulating potential WPV1 outbreaks in the absence of the TRs using the rate and extent of WPV1 importation outbreaks per reported WPV1 case during 2004-2013 and the number of reported WPV1 cases that occurred in countries with active TRs. The benefits of TRs outweigh the costs in 77% of model iterations, resulting in expected incremental net economic benefits of $210 million. Inclusion of indirect costs increases the costs by 13%, the expected savings from prevented outbreaks by 4%, and the expected incremental net benefits by 3%. Despite the considerable costs of implementing TRs, this study provides health and economic justification for these investments in the context of managing a disease in advanced stages of its global eradication. Copyright © 2017 The Auhors. Published by Elsevier Ltd.. All rights reserved.

Economic valuation of environmental benefits from wastewater treatment processes: an empirical approach for Spain.

Science.gov (United States)

Hernández-Sancho, Francesc; Molinos-Senante, María; Sala-Garrido, Ramón

2010-01-15

Economic research into the design and implementation of policies for the efficient management of water resources has been emphasized by the European Water Framework Directive (Directive 2000/60/EC). The efficient implementation of policies to prevent the degradation and depletion of water resources requires determining their value in social and economic terms and incorporating this information into the decision-making process. A process of wastewater treatment has many associated environmental benefits. However, these benefits are often not calculated because they are not set by the market, due to inadequate property rights, the presence of externalities, and the lack of perfect information. Nevertheless, the valuation of these benefits is necessary to justify a suitable investment policy and a limited number of studies exist on the subject of the economic valuation of environmental benefits. In this paper, we propose a methodology based on the estimation of shadow prices for the pollutants removed in a treatment process. This value represents the environmental benefit (avoided cost) associated with undischarged pollution. This is a pioneering approach to the economic valuation of wastewater treatment. The comparison of these benefits with the internal costs of the treatment process will provide a useful indicator for the feasibility of wastewater treatment projects. Copyright 2009 Elsevier B.V. All rights reserved.

Economic benefits of the Space Station to commercial communication satellite operators

Science.gov (United States)

Price, Kent M.; Dixson, John E.; Weyandt, Charles J.

1987-01-01

The economic and financial aspects of newly defined space-based activities, procedures, and operations (APOs) and associated satellite system designs are presented that have the potential to improve economic performance of future geostationary communications satellites. Launch insurance, launch costs, and the economics of APOs are examined. Retrieval missions and various Space Station scenarios are addressed. The potential benefits of the new APOs to the commercial communications satellite system operator are quantified.

Cost-Effectiveness/Cost-Benefit Analysis of Newborn Screening for Severe Combined Immune Deficiency in Washington State.

Science.gov (United States)

Ding, Yao; Thompson, John D; Kobrynski, Lisa; Ojodu, Jelili; Zarbalian, Guisou; Grosse, Scott D

2016-05-01

To evaluate the expected cost-effectiveness and net benefit of the recent implementation of newborn screening (NBS) for severe combined immunodeficiency (SCID) in Washington State. We constructed a decision analysis model to estimate the costs and benefits of NBS in an annual birth cohort of 86 600 infants based on projections of avoided infant deaths. Point estimates and ranges for input variables, including the birth prevalence of SCID, proportion detected asymptomatically without screening through family history, screening test characteristics, survival rates, and costs of screening, diagnosis, and treatment were derived from published estimates, expert opinion, and the Washington NBS program. We estimated treatment costs stratified by age of identification and SCID type (with or without adenosine deaminase deficiency). Economic benefit was estimated using values of $4.2 and $9.0 million per death averted. We performed sensitivity analyses to evaluate the influence of key variables on the incremental cost-effectiveness ratio (ICER) of net direct cost per life-year saved. Our model predicts an additional 1.19 newborn infants with SCID detected preclinically through screening, in addition to those who would have been detected early through family history, and 0.40 deaths averted annually. Our base-case model suggests an ICER of $35 311 per life-year saved, and a benefit-cost ratio of either 5.31 or 2.71. Sensitivity analyses found ICER values <$100 000 and positive net benefit for plausible assumptions on all variables. Our model suggests that NBS for SCID in Washington is likely to be cost-effective and to show positive net economic benefit. Published by Elsevier Inc.

Cost and benefit estimates of partially-automated vehicle collision avoidance technologies.

Science.gov (United States)

Harper, Corey D; Hendrickson, Chris T; Samaras, Constantine

2016-10-01

Many light-duty vehicle crashes occur due to human error and distracted driving. Partially-automated crash avoidance features offer the potential to reduce the frequency and severity of vehicle crashes that occur due to distracted driving and/or human error by assisting in maintaining control of the vehicle or issuing alerts if a potentially dangerous situation is detected. This paper evaluates the benefits and costs of fleet-wide deployment of blind spot monitoring, lane departure warning, and forward collision warning crash avoidance systems within the US light-duty vehicle fleet. The three crash avoidance technologies could collectively prevent or reduce the severity of as many as 1.3 million U.S. crashes a year including 133,000 injury crashes and 10,100 fatal crashes. For this paper we made two estimates of potential benefits in the United States: (1) the upper bound fleet-wide technology diffusion benefits by assuming all relevant crashes are avoided and (2) the lower bound fleet-wide benefits of the three technologies based on observed insurance data. The latter represents a lower bound as technology is improved over time and cost reduced with scale economies and technology improvement. All three technologies could collectively provide a lower bound annual benefit of about $18 billion if equipped on all light-duty vehicles. With 2015 pricing of safety options, the total annual costs to equip all light-duty vehicles with the three technologies would be about $13 billion, resulting in an annual net benefit of about $4 billion or a $20 per vehicle net benefit. By assuming all relevant crashes are avoided, the total upper bound annual net benefit from all three technologies combined is about $202 billion or an $861 per vehicle net benefit, at current technology costs. The technologies we are exploring in this paper represent an early form of vehicle automation and a positive net benefit suggests the fleet-wide adoption of these technologies would be beneficial

Refining cost-effectiveness analyses using the net benefit approach and econometric methods: an example from a trial of anti-depressant treatment.

Science.gov (United States)

Sabes-Figuera, Ramon; McCrone, Paul; Kendricks, Antony

2013-04-01

Economic evaluation analyses can be enhanced by employing regression methods, allowing for the identification of important sub-groups and to adjust for imperfect randomisation in clinical trials or to analyse non-randomised data. To explore the benefits of combining regression techniques and the standard Bayesian approach to refine cost-effectiveness analyses using data from randomised clinical trials. Data from a randomised trial of anti-depressant treatment were analysed and a regression model was used to explore the factors that have an impact on the net benefit (NB) statistic with the aim of using these findings to adjust the cost-effectiveness acceptability curves. Exploratory sub-samples' analyses were carried out to explore possible differences in cost-effectiveness. Results The analysis found that having suffered a previous similar depression is strongly correlated with a lower NB, independent of the outcome measure or follow-up point. In patients with previous similar depression, adding an selective serotonin reuptake inhibitors (SSRI) to supportive care for mild-to-moderate depression is probably cost-effective at the level used by the English National Institute for Health and Clinical Excellence to make recommendations. This analysis highlights the need for incorporation of econometric methods into cost-effectiveness analyses using the NB approach.

Reducing the Incidence of Low Birth Weight in Low-Income Countries Has Substantial Economic Benefits

OpenAIRE

Alderman, Harold; Behrman, Jere R.

2006-01-01

Reducing the incidence of low birth weight not only lowers infant mortality rates but also has multiple benefits over the life cycle. This study estimates the economic benefits of reducing the incidence of low birth weight in low-income countries, both through lower mortality rates and medical costs and through increased learning and productivity. The estimated economic benefits, under pla...

Pilot test of Pickliq{reg_sign} process to determine energy and environmental benefits & economic feasibility

Energy Technology Data Exchange (ETDEWEB)

Olsen, D.R.

1997-07-13

Green Technology Group (GTG) was awarded Grant No. DE-FG01-96EE 15657 in the amount of $99,904 for a project to advance GTG`s Pickliq{reg_sign} Process in the Copper and Steel Industries. The use of the Pickliq{reg_sign} Process can significantly reduce the production of waste acids containing metal salts. The Pickliq{reg_sign} Process can save energy and eliminate hazardous waste in a typical copper rod or wire mill or a typical steel wire mill. The objective of this pilot project was to determine the magnitude of the economic, energy and environmental benefits of the Pickliq{reg_sign} Process in two applications within the metal processing industry. The effectiveness of the process has already been demonstrated at facilities cleaning iron and steel with sulfuric acid. 9207 companies are reported to use sulfuric and hydrochloric acid in the USA. The USEPA TRI statistics of acid not recycled in the US is 2.4 x 10{sup 9} lbs (net) for Hydrochloric Acid and 2.0 x 10{sup 9} lbs (net) for Sulfuric Acid. The energy cost of not reclaiming acid is 10.7 x 10{sup 6} BTU/ton for Hydrochloric Acid and 21.6 x 10{sup 6} BTU/Ton for Sulfuric Acid. This means that there is a very large market for the application of the Pickliq{reg_sign} Process and the widespread use of the process will bring significant world wide savings of energy to the environment.

1992 North Dakota Economic Impact Study for the Uranium Mill Tailings Remedial Action Project, Belfield and Bowman, North Dakota

International Nuclear Information System (INIS)

1993-01-01

The goal of the Uranium Mill Tailings Remedial Action (UMTRA) Project in North Dakota is to improve the environment and reduce the negative health effects associated with residual radioactive material (RRM) from the inactive processing sites at Belfield and Bowman, North Dakota. A secondary benefit of the UMTRA Project is economic gain. The 1992 North Dakota Economic Impact Study (NDEIS) analyzes the impact of the remedial actions at the inactive Belfield and Bowman processing sites and their associated vicinity properties. This analysis is based on the assumption that the state of North Dakota will provide 10 percent of the funding required for remediation. For every dollar the state of North Dakota invests in the Belfield and Bowman onsite portion of the UMTRA Project, it will realize $5.04 in gross labor income (i.e., gross labor income divided by the state's total funding requirement). For every dollar the state of North Dakota invests, it will realize a net return of $3.04 (i.e., net benefit divided by the state's total funding requirement). This reflects only labor expenditure and employment impact. ff state and local non-labor tax benefits were considered in the net economic benefit, North Dakota could receive significantly more than $3.04 for each dollar it invests. The UMTRA Project work at Belfield and Bowman will benefit the state of North Dakota. Benefits include a reduction in the negative health effects caused by low-level RRM, an improvement in the environment, and increased economic growth

The economic and environmental benefits of reprocessing and recycle

International Nuclear Information System (INIS)

Masters, R.

1977-01-01

Recently published reports and papers on the economic, environmental and resource conservation benefits of reprocessing and the recycle of plutonium in thermal reactors provide an important background to the essentially political discussions in the United States on non-proliferation. Some of the main arguments and conclusions are presented. (author)

The economic value of an investment in physiotherapy education: a net present value analysis.

Science.gov (United States)

Rivers, George; Foo, Jonathan; Ilic, Dragan; Nicklen, Peter; Reeves, Scott; Walsh, Kieran; Maloney, Stephen

2015-07-01

What is the economic value for an individual to invest in physiotherapy undergraduate education in Australia? How is this affected by increased education costs or decreased wages? A cost-benefit analysis using a net present value (NPV) approach was conducted and reported in Australian dollars. In relation to physiotherapy education, the NPV represents future earnings as a physiotherapist minus the direct and indirect costs in obtaining the degree. Sensitivity analyses were conducted to consider varying levels of experience, public versus private sector, and domestic versus international student fees. Comparable calculations were made for educational investments in medicine and nursing/midwifery. Assuming an expected discount rate of 9.675%, investment in education by domestic students with approximately 34 years of average work experience yields a NPV estimated at $784,000 for public sector physiotherapists and $815,000 for private sector therapists. In relation to international students, the NPV results for an investment and career as a physiotherapist is estimated at $705,000 in the public sector and $736,000 in the private sector. With an approximate payback period of 4 years, coupled with strong and positive NPV values, physiotherapy education in Australia is a financially attractive prospect and a viable value proposition for those considering a career in this field. Copyright © 2015 Australian Physiotherapy Association. Published by Elsevier B.V. All rights reserved.

Costs and benefits of controlling quarantine diseases : a bio-economic modeling approach

NARCIS (Netherlands)

Breukers, M.L.H.; Mourits, M.C.M.; Werf, van der W.; Oude Lansink, A.G.J.M.

2008-01-01

This article describes a bio-economic model to quantify the costs and benefits of controlling plant quarantine diseases. The model integrates the epidemiology and economic consequences of a quarantine disease. It allows for ex ante evaluation of control scenarios for their cost-effectiveness, taking

Economic impacts from energy efficiency programs - Variations in multiplier effects by program type and region. Volume 1

International Nuclear Information System (INIS)

Gardner, John; Skumatz, Lisa

2007-01-01

Research indicates that the value of omitted program effects - specifically non-energy benefits (NEBs) - represent a significant share of overall program impacts. One of the largest components of societal benefits is the direct and indirect economic and job creation effects stimulated by the investment in conservation on behalf of the program. The literature has indicated that the valuations assigned to this category of these categories can be large, but much of the literature overstates the impact of economic NEBs. We conducted extensive research to develop reliable and defensible estimates of these benefits categories. This study used input-output analysis to update the economic multipliers for NEBs in several ways. Net: Developed 'net' estimates of the multipliers (rather than 'gross' factors)Variations by Region: Estimated multipliers for multiple states and for the entire US; Variations by Program Type: Developed estimates based on different types or categories of programs (e.g weatherization vs. new construction vs. appliance programs, etc.), Variations in Baseline Assumptions: Different assumptions about where the expenditures are transferred 'from' for the net analysis (e.g. from 'generation', from a mixed market basket, etc.); and Variations over Time: Used data from multiple time periods to examine changes in the size of multipliers over time. We examined the results by state, by program type, and over time and found dramatic differences in the economic impacts by program type and territory under consideration. The results provide estimates of the economic impacts derived from the program; however, for communities or utilities with economic development goals, the results can be used to help select between program alternatives. The results are new, and the revised figures have been used to compute more reliable and tailored estimates of economic non-energy benefits that can be applied in regulatory tests

The economic benefits of vegetation in the upstream area of Ciliwung watershed

Science.gov (United States)

Saridewi, T. R.; Nazaruddin

2018-04-01

Ciliwung watershed has strategic values since its entire downstream area is located in the Special Administrative Region of Jakarta (DKI Jakarta), the capital of Indonesia. This causes forest and farmland areas are converted into open areas or built-up areas. The existence of these areas provides enormous environmental and economic benefits. Economic benefit values are very important to be considered in developing a policy development plan, but they have not been calculated yet. This study aims to determine the economic benefits provided by trees and other vegetation anddevelops a development policy that takes into account simultaneously ecological and economic aspects. The study is conducted in the upstream Ciliwung watershed, by using land cover patterns in 1989, 2000, 2010 and 2014, and employs GIS and CITY green analysis. The results show that conversion of forest and farmland areas reduces the ability of Ciliwung upstream watershed to store water. Therefore, its ability to reduce the flow of surface has been decreased. This creates a decrease in the cost savings of annual stormwater, from US 15,175,721 in 1989 to US 13,317,469 in 2014. The Environmental Services Payment Policy (PES) for upstream community groups managing the watershed has been considered as a fairly effective policy.

Economic benefits of metrology in manufacturing

DEFF Research Database (Denmark)

Savio, Enrico; De Chiffre, Leonardo; Carmignato, S.

2016-01-01

examples from industrial production, in which the added value of metrology in manufacturing is discussed and quantified. Case studies include: general manufacturing, forging, machining, and related metrology. The focus of the paper is on the improved effectiveness of metrology when used at product...... and process design stages, as well as on the improved accuracy and efficiency of manufacturing through better measuring equipment and process chains with integrated metrology for process control.......In streamlined manufacturing systems, the added value of inspection activities is often questioned, and metrology in particular is sometimes considered only as an avoidable expense. Documented quantification of economic benefits of metrology is generally not available. This work presents concrete...

Health economic studies: an introduction to cost-benefit, cost-effectiveness, and cost-utility analyses.

Science.gov (United States)

Angevine, Peter D; Berven, Sigurd

2014-10-15

Narrative overview. To provide clinicians with a basic understanding of economic studies, including cost-benefit, cost-effectiveness, and cost-utility analyses. As decisions regarding public health policy, insurance reimbursement, and patient care incorporate factors other than traditional outcomes such as satisfaction or symptom resolution, health economic studies are increasingly prominent in the literature. This trend will likely continue, and it is therefore important for clinicians to have a fundamental understanding of the common types of economic studies and be able to read them critically. In this brief article, the basic concepts of economic studies and the differences between cost-benefit, cost-effectiveness, and cost-utility studies are discussed. An overview of the field of health economic analysis is presented. Cost-benefit, cost-effectiveness, and cost-utility studies all integrate cost and outcome data into a decision analysis model. These different types of studies are distinguished mainly by the way in which outcomes are valued. Obtaining accurate cost data is often difficult and can limit the generalizability of a study. With a basic understanding of health economic analysis, clinicians can be informed consumers of these important studies.

The economic valuation on atmospheric improvement benefit by nuclear power generation

Energy Technology Data Exchange (ETDEWEB)

Kwak, S. J.; Yoo, S. H.; Han, S. Y.; Do, G. W.; Lee, J. S. [Korea Univ., Seoul (Korea)

2000-12-01

The major contents are as follows : To begin with, major air pollutants' emissions and emission reduction facilities in industrial sectors including a power generation were investigated and the future prospect was suggested. Environmental effects by attributes of air pollutions were summarized through a extensive literature survey. And the concept of benefit-cost based upon social costs and economic values of generation was established to estimate atmospheric improvement benefits by using a nuclear power. As a result of investigating many valuation methodologies that can estimate economic values of environmental improvement, we adopted MAUA(multi-attribute utility assessment) as a research method and estimated environmental costs by air pollutant and by power generating source. Also, we presented foreign case studies related to social costs in power generating sector and horizontally compared study's results home and abroad. Then, we set up four scenarios based on total generation that the 5th long-term power resources planning forecasted and calculated economic values of atmospheric improvement benefits among scenarios. Further, we suggested the results incorporating uncertainty of estimation parameters. Finally, we suggested a rational ground to move toward environment-friendly energy consumption and proposed a plan for the national energy policy against the green age in the 21th century. 147 refs., 45 figs., 103 tabs. (Author)

The economic valuation on atmospheric improvement benefit by nuclear power generation

Energy Technology Data Exchange (ETDEWEB)

Kwak, S J; Yoo, S H; Han, S Y; Do, G W; Lee, J S [Korea Univ., Seoul (Korea)

2000-12-01

The major contents are as follows : To begin with, major air pollutants' emissions and emission reduction facilities in industrial sectors including a power generation were investigated and the future prospect was suggested. Environmental effects by attributes of air pollutions were summarized through a extensive literature survey. And the concept of benefit-cost based upon social costs and economic values of generation was established to estimate atmospheric improvement benefits by using a nuclear power. As a result of investigating many valuation methodologies that can estimate economic values of environmental improvement, we adopted MAUA(multi-attribute utility assessment) as a research method and estimated environmental costs by air pollutant and by power generating source. Also, we presented foreign case studies related to social costs in power generating sector and horizontally compared study's results home and abroad. Then, we set up four scenarios based on total generation that the 5th long-term power resources planning forecasted and calculated economic values of atmospheric improvement benefits among scenarios. Further, we suggested the results incorporating uncertainty of estimation parameters. Finally, we suggested a rational ground to move toward environment-friendly energy consumption and proposed a plan for the national energy policy against the green age in the 21th century. 147 refs., 45 figs., 103 tabs. (Author)

Big Numbers about Small Children: Estimating the Economic Benefits of Addressing Undernutrition.

Science.gov (United States)

Alderman, Harold; Behrman, Jere R; Puett, Chloe

2017-02-01

Different approaches have been used to estimate the economic benefits of reducing undernutrition and to estimate the costs of investing in such programs on a global scale. While many of these studies are ultimately based on evidence from well-designed efficacy trials, all require a number of assumptions to project the impact of such trials to larger populations and to translate the value of the expected improvement in nutritional status into economic terms. This paper provides a short critique of some approaches to estimating the benefits of investments in child nutrition and then presents an alternative set of estimates based on different core data. These new estimates reinforce the basic conclusions of the existing literature: the economic value from reducing undernutrition in undernourished populations is likely to be substantial.

Economic benefits analysis of listed companies in radiation processing

International Nuclear Information System (INIS)

Zhang Yingming; Xu Tao; Zhang Yue; Yang Bin; Zhao Wenying

2012-01-01

Radiation processing industry is an important part of civilian nuclear technology and develop rapidly during the past decade. Radiation modification of new materials industries use new technology to promote new product development and application and get good economic benefit. There are problems and bottlenecks during the development, such as how to implement the guideline of optimize the industrial structure and upgrade the product, and adapt the market develop law and need. By analysing the typical listed companies in this field together with the domestic economic development condition and future situation, we give the development strategy and method in the future. (authors)

Economic Valuation of Mangroves for Comparison with Commercial Aquaculture in South Sulawesi, Indonesia

Directory of Open Access Journals (Sweden)

Abdul Malik

2015-08-01

Full Text Available Mangroves are recognized as a provider of a variety of products and essential ecosystem services that contribute significantly to the livelihood of local communities. However, over the past decades, mangroves in many tropical areas including the Takalar district, South Sulawesi have degraded and decreased mainly due to conversion to aquaculture. Currently, little is known about the economic benefits of commercialization of aquaculture as compared to those derived from mangroves in the form of products and services. Here, we estimate the Total Economic Value (TEV of mangrove benefits in order to compare it with the benefit value of commercial aquaculture. Market prices, replacement costs, benefit transfer value and Cost-Benefit Analyses (CBA have been used for value determination and comparison. The results show that the per year TEV of mangroves in the study area (Takalar district, South Sulawesi was in the range of 4370 thousands USD (kUSD to 10,597 kUSD or 4 kUSD to 8 kUSD per hectare (the highest value contribution derived from the indirect use value (94%, whereas commercial aquaculture had a net benefit value of 228 kUSD or 3 kUSD per hectare. In addition, the comparison of Net Present Value (NPV between the benefit value of mangroves and that of commercial aquaculture revealed that conversion of mangroves into commercial aquaculture was not economically beneficial when the analysis was expanded to cover the costs of environmental and forest rehabilitation.

Risks and benefits in health care: the view from economics.

Science.gov (United States)

Pauly, Mark V

2007-01-01

This paper discusses the meaning of the term risk from the economic perspective. It argues that some consumer decisions about insurance and the use of medical care are consistent with the economic model, but many are not. When decisions are inconsistent, real-world democratic governments' ability to intervene is limited by politicians' desire to please voters. The choice of incomplete insurance coverage in private markets is often said to present a case for governmental intervention, but the choice of insurance design in the Medicare drug benefit shows that the political process also may fail to select insurance that is optimal from an economic viewpoint.

Technical and economical evaluation of tape drip and drip line irrigation systems in a strawberry greenhouse

Directory of Open Access Journals (Sweden)

Soghra HOSSEINIAN

2016-04-01

Full Text Available This study was done in a strawberry greenhouse to examine the technical and the economical evaluation of two drip irrigation systems including the tape and the drip line in the northern part of Iran. The result showed that all of the technical indices with tape were higher than drip line, and due to statistical analysis reveal a significant difference (P < 0.05. Yield and water productivity (WP with tape were higher than drip line (P < 0.05. Benefit per drop (BPD and net benefit per drop (NBPD with tape were higher than drip line. Net present value, internal rate of capital return and benefit to cost ratio in drip line were higher than tape. In general, regarding technical evaluation tape was better than drip line, besides according to the economical evaluation the drip ­lines were better than tape.

The Net Present Value and Other Economic Implications of a Medical Career.

Science.gov (United States)

Reinhardt, Uwe E

2017-07-01

College graduates' career choices are driven by a complex mixture of factors, one of which is economics. The author comments on the report by Marcu and colleagues in this issue, which focuses strictly on the economics of this decision. Specifically, Marcu and colleagues modeled career choices as long-term financial investments in human capital, which consists of the knowledge and clinical skills physicians gain in undergraduate and graduate medical education. They distill the numerous factors that shape the economics of career choice into a commonly used criterion for long-term financial investments of any kind-namely, the so-called net present value (NPV) of the investment. For them, that investment is the decision to pursue a medical career rather than the next best nonmedical, alternative career. This NPV calculation determines the increase or decrease in wealth, relative to that of the next best alternative career, that a college graduate is thought to experience as of the moment she or he enters medical school simply by choosing a medical career rather than the next best alternative. Marcu and colleagues use this human capital model to explore how different plans to finance a medical school education impact the NPV, all other parameters being equal. The author of this Commentary explains in layman's terms how the NPV is calculated and then raises a number of other issues concerning the economics of a medical career, including medical school tuition, residents' salaries, and investments in human capital as tax deductible.

Economic benefits of methylmercury exposure control in Europe: Monetary value of neurotoxicity prevention

DEFF Research Database (Denmark)

Bellanger, Martine; Pichery, Céline; Aerts, Dominique

2013-01-01

BACKGROUND: Due to global mercury pollution and the adverse health effects of prenatal exposure to methylmercury (MeHg), an assessment of the economic benefits of prevented developmental neurotoxicity is necessary for any cost-benefit analysis. METHODS: Distributions of hair-Hg concentrations among...... with a slope of 0.465 Intelligence Quotient (IQ) point reduction per μg/g increase in the maternal hair-Hg concentration during pregnancy, assuming no deficits below a hair-Hg limit of 0.58 μg/g thought to be safe. A logarithmic IQ response was used in sensitivity analyses. The estimated IQ benefit cost.......58 μg/g, and about 200,000 births exceed a higher limit of 2.5 μg/g proposed by the World Health Organization (WHO). The total annual benefits of exposure prevention within the EU were estimated at more than 600,000 IQ points per year, corresponding to a total economic benefit between €8,000 million...

Monetary benefits of preventing childhood lead poisoning with lead-safe window replacement.

Science.gov (United States)

Nevin, Rick; Jacobs, David E; Berg, Michael; Cohen, Jonathan

2008-03-01

Previous estimates of childhood lead poisoning prevention benefits have quantified the present value of some health benefits, but not the costs of lead paint hazard control or the benefits associated with housing and energy markets. Because older housing with lead paint constitutes the main exposure source today in the US, we quantify health benefits, costs, market value benefits, energy savings, and net economic benefits of lead-safe window replacement (which includes paint stabilization and other measures). The benefit per resident child from improved lifetime earnings alone is $21,195 in pre-1940 housing and $8685 in 1940-59 housing (in 2005 dollars). Annual energy savings are $130-486 per housing unit, with or without young resident children, with an associated increase in housing market value of $5900-14,300 per housing unit, depending on home size and number of windows replaced. Net benefits are $4490-5,629 for each housing unit built before 1940, and $491-1629 for each unit built from 1940-1959, depending on home size and number of windows replaced. Lead-safe window replacement in all pre-1960 US housing would yield net benefits of at least $67 billion, which does not include many other benefits. These other benefits, which are shown in this paper, include avoided Attention Deficit Hyperactivity Disorder, other medical costs of childhood lead exposure, avoided special education, and reduced crime and juvenile delinquency in later life. In addition, such a window replacement effort would reduce peak demand for electricity, carbon emissions from power plants, and associated long-term costs of climate change.

A Cost Benefit Analysis of an Active Travel Intervention with Health and Carbon Emission Reduction Benefits

Science.gov (United States)

Grams, Mark; Witten, Karen; Woodward, Alistair

2018-01-01

Active travel (walking and cycling) is beneficial for people’s health and has many co-benefits, such as reducing motor vehicle congestion and pollution in urban areas. There have been few robust evaluations of active travel, and very few studies have valued health and emissions outcomes. The ACTIVE before-and-after quasi-experimental study estimated the net benefits of health and other outcomes from New Zealand’s Model Communities Programme using an empirical analysis comparing two intervention cities with two control cities. The Programme funded investment in cycle paths, other walking and cycling facilities, cycle parking, ‘shared spaces’, media campaigns and events, such as ‘Share the Road’, and cycle-skills training. Using the modified Integrated Transport and Health Impacts Model, the Programme’s net economic benefits were estimated from the changes in use of active travel modes. Annual benefits for health in the intervention cities were estimated at 34.4 disability-adjusted life years (DALYs) and two lives saved due to reductions in cardiac disease, diabetes, cancer, and respiratory disease. Reductions in transport-related carbon emissions were also estimated and valued. Using a discount rate of 3.5%, the estimated benefit/cost ratio was 11:1 and was robust to sensitivity testing. It is concluded that when concerted investment is made in active travel in a city, there is likely to be a measurable, positive return on investment. PMID:29751618

ANALYSIS OF COSTS AND BENEFITS OF INVESTMENTS IN WASTE MANAGEMENT SYSTEMS IN BULGARIA

Directory of Open Access Journals (Sweden)

Presiana Nenkova

2016-07-01

Full Text Available This paper represents a study employing Cost-Benefit Analisys for efficiency appraisal of a set of 19 projects for Regional Waste Management Systems (RWMS construction, envisaged for funding under Priority axis 2: Improvement and development of waste treatment infrastructure within Operational Programme Environment 2007-2013 in Bulgaria. The member states are required to submit a Cost-Benefit Analysis to the Commission services for major projects to provide evidence that, in the framework of EU regional policy objectives, the project is both desirable from an economic point of view and needs the contribution of the Funds in order to be financially feasible. To draw the conclusion on potential impact on social welfare of the public investments undertaken in waste management ecological infrastructure costs and benefits are first identified and monetized. The aggregated model for assessing the impact of investments is based on information declared in those specific project proposals, and the data has then been processed to extract averages and aggregates needed for the purposes of analysis. Financial Analysis is employed to assess the need of co-financing by the European fund for regional development and to estimate the amount of the EU assistance. Economic Analysis is employed to determine whether the society would be better-off with the projects. According to the economic evaluation undertaken the projects’ net present value is positive thus proving that investments in ecological infrastructure in Bulgaria generate net benefits for society as a whole.

Programming NET 35

CERN Document Server

Liberty, Jesse

2009-01-01

Bestselling author Jesse Liberty and industry expert Alex Horovitz uncover the common threads that unite the .NET 3.5 technologies, so you can benefit from the best practices and architectural patterns baked into the new Microsoft frameworks. The book offers a Grand Tour" of .NET 3.5 that describes how the principal technologies can be used together, with Ajax, to build modern n-tier and service-oriented applications. "

Costs of children--benefit theory and population control.

Science.gov (United States)

Tian, X

1989-01-01

In order to stem the rising fertility and growth rates in China, new theories and measures are needed. The author suggests new insights into the relationships between reproductive behavior and economic interests, regulation of individual reproductive behavior by such economic interests, and governmental performance with these interests in mind. Topics are devoted to the benefit theory about the costs of children, trends in Chinese children's costs and benefits, and family planning (FP) based on children's costs and benefits. Natural biological law governed people's reproductive behavior and the number of offspring until there was control over human reproduction. Factors which determine the desired number of children can be economic, cultural, political, historical, or geographical. In modern times and with the commercialism of society, children have been sometimes viewed as commodities and Western economists (Becker and Leibenstein) have theorized the cost benefit ratio to parents. Expected positive benefits are support, labor force contribution, and family happiness. Negative benefits are the direct and indirect costs in time and money raising children. Children are produced where benefits are positive, and where benefits and costs are equal, circumstances will determine the result. No children will be produced when costs exceed benefits. The concept of net costs is described. Chinese trends indicate a direction toward a market oriented economy. Instead of following Western theory, as economic development has advanced rapidly the value of children has grown. The reasons are explained as marginal children may still bring benefits in a market where the function of regulation of a labor market is limited, children still render better support for their parents without a developed social security system, and boys are expected to secure their families fortunes during the changing economic conditions. The author recognizes that other conditions such as the number of

Economics of biogas digesters in Bangladesh

International Nuclear Information System (INIS)

Bala, B.K.; Hossain, M.M.

1992-01-01

We present the economics of biogas digesters in Bangladesh in terms of fuel wood and fertilizer values. The incremental net present benefit was computed from the digester cost, kinetics of biogas production and nutrient contents in the treated slurry. The model was analysed to test the sensitivity to changes in retention time, annual operation period, subsidy, price of fuel wood, construction cost, interest, and inflation rate. (Author)

Economic benefits of power factor correction at a nuclear facility

International Nuclear Information System (INIS)

Boger, R.M.; Dalos, W.; Juguilon, M.E.

1986-01-01

The economic benefits of correcting poor power factor at an operating nuclear facility are shown. A project approach for achieving rapid return of investment without disrupting plant availability is described. Examples of technical problems associated with using capacitors for power factor correction are presented

Improving the Net Benefits from Tourism for People Living in Remote Northern Australia

Directory of Open Access Journals (Sweden)

Romy Greiner

2010-07-01

Full Text Available Tourism can be an important source of livelihoods at a destination level. Yet, while there are economic benefits associated with more tourists, there can also be costs to destinations in the form of negative environmental and social impacts. This paper illustrates tourism-related dilemmas for two remote regions within Australia’s tropical savannas where increasing visitor numbers are straining not only the very environmental assets that attract tourist, but also the host communities. The paper draws on research conducted under the auspices of the Tropical Savannas Management Cooperative Research Centre. Tourism impacts on the regions are described and, where possible, quantified and distributional effects discussed. Evidence is provided that host populations in the remote of Australia’s tropical savannas are willing to trade off environmental and social costs for economic benefits, but that this situation may not be ecologically sustainable. The regions are parts of much larger destinations and consequently peripheral to their concerns. The onus for sustainable tourism and regional development strategies therefore falls on local decision makers. The research presented here provides a framework for local decision makers and stakeholders to ask questions, collect relevant data, and proceed with informed debates and choices.

Estimating mortality risk reduction and economic benefits from controlling ozone air pollution

National Research Council Canada - National Science Library

Committee on Estimating Mortality Risk Reduction Benefits from Decreasing Tropospheric Ozone Exposure

2008-01-01

... in life expectancy, and to assess methods for estimating the monetary value of the reduced risk of premature death and increased life expectancy in the context of health-benefits analysis. Estimating Mortality Risk Reduction and Economic Benefits from Controlling Ozone Air Pollution details the committee's findings and posits several recommendations to address these issues.

Yam Storability and Economic Benefits of Storage Under the Modern ...

African Journals Online (AJOL)

This paper examines yam storability and the economic benefits of storage under the modern (underground) and the traditional (yam barn) storage technologies in Southeastern Nigeria. Data were collected mainly from 55 respondents who were interviewed, as well as from measurement of storage parameters on yam ...

Technical and economic benefits of nuclear techniques in ore processing

International Nuclear Information System (INIS)

1989-08-01

This report is the outcome of an Advisory Group Meeting organized by the Agency and hosted by the Institute of Physics and Nuclear Techniques, the Academy of Mining and Metallurgy in Krakow, Poland. The purpose of the meeting was to assess the technical and economic benefits of applying nuclear techniques in ore processing industry. Nucleonic control systems and nuclear on-line analytical techniques as well as radioisotope tracer tests and their applications in metallic ore-processing, coal production, and cement fabrication were discussed. This report contains a summary and the presentations dealing with nuclear techniques for process control made at this meeting. Using a number of case-histories as examples, it illustrates technical and economic benefits obtainable by the installation of nuclear process control instrumentation. It is expected to be useful for everybody dealing with ore and coal production, but especially for administrative personnel and engineers who plan and implement national development programmes related to mineral resources. Refs, figs and tabs

Cost-volume-profit and net present value analysis of health information systems.

Science.gov (United States)

McLean, R A

1998-08-01

The adoption of any information system should be justified by an economic analysis demonstrating that its projected benefits outweigh its projected costs. Analysis differ, however, on which methods to employ for such a justification. Accountants prefer cost-volume-profit analysis, and economists prefer net present value analysis. The article explains the strengths and weaknesses of each method and shows how they can be used together so that well-informed investments in information systems can be made.

Cost and economic benefit of clinical decision support systems for cardiovascular disease prevention: a community guide systematic review.

Science.gov (United States)

Jacob, Verughese; Thota, Anilkrishna B; Chattopadhyay, Sajal K; Njie, Gibril J; Proia, Krista K; Hopkins, David P; Ross, Murray N; Pronk, Nicolaas P; Clymer, John M

2017-05-01

This review evaluates costs and benefits associated with acquiring, implementing, and operating clinical decision support systems (CDSSs) to prevent cardiovascular disease (CVD). Methods developed for the Community Guide were used to review CDSS literature covering the period from January 1976 to October 2015. Twenty-one studies were identified for inclusion. It was difficult to draw a meaningful estimate for the cost of acquiring and operating CDSSs to prevent CVD from the available studies ( n  = 12) due to considerable heterogeneity. Several studies ( n  = 11) indicated that health care costs were averted by using CDSSs but many were partial assessments that did not consider all components of health care. Four cost-benefit studies reached conflicting conclusions about the net benefit of CDSSs based on incomplete assessments of costs and benefits. Three cost-utility studies indicated inconsistent conclusions regarding cost-effectiveness based on a conservative $50,000 threshold. Intervention costs were not negligible, but specific estimates were not derived because of the heterogeneity of implementation and reporting metrics. Expected economic benefits from averted health care cost could not be determined with confidence because many studies did not fully account for all components of health care. We were unable to conclude whether CDSSs for CVD prevention is either cost-beneficial or cost-effective. Several evidence gaps are identified, most prominently a lack of information about major drivers of cost and benefit, a lack of standard metrics for the cost of CDSSs, and not allowing for useful life of a CDSS that generally extends beyond one accounting period. Published by Oxford University Press on behalf of the American Medical Informatics Association 2017. This work is written by US Government employees and is in the public domain in the US.

Blending of electricity pricing with time flavour - an analysis of net system benefit to an electric utility in India

International Nuclear Information System (INIS)

Bhardwaj, J.L.

1992-01-01

Demand-side Management is a powerful strategy for modifying electric energy consumption patterns for the mutual benefit of consumers, the supplier and the economy as a whole Time-of-use pricing of electricity suggest a policy where the price is time-differentiated so as to reduce contribution to the system-peak which determines the capacity and investments of a power-system. This paper describes a case-study of net system benefit to an electric utility in India by offering time-of-use tariff to high voltage (HV) industrial consumers. The study shows that there is a potential of shifting about 19% H.V. Industrial loads from peak to off-peak hours thereby benefitting both, the consumers and the utility. 1 fig., 2 tabs

Cost Benefit Analyses of Developing a Legislation to Attract Non-Resident High Net Worth Individuals to Use Estonian Private Foundation Platform

Directory of Open Access Journals (Sweden)

Urmas Kaarlep

2017-05-01

Full Text Available On a global level, the high net worth population is expanding, and the wealth of high net worth individuals (HNWI is increasing rapidly. For various reasons, high net worth families and individuals are searching for vehicles to assist them in safeguarding and conveniently managing their wealth. Private foundations represent one useful avenue for achieving this end, and the use of private foundations has become increasingly popular in recent years, particularly in European countries. Many countries have laws which regulate private foundations and several are looking for adjusting or introducing legislation. In this article, authors analysing benefits for a country like Estonia in case the country increases the attractiveness of its jurisdiction for non-residents who are looking for establishment of a private foundation. The article comes to the conclusion that to be competitive, a country cannot collect tax revenues from private foundations established by non-residents except from income originated in the very same country. However, the country can earn benefits from revenues received by companies rendering services to non-residents and their private foundations. The article demonstrates that service fees a country earns and taxes collected from these fees would be substantial enough to make necessary changes to legislation beneficial for a country.

Theoretical and methodological aspects of assessing economic effectiveness of nuclear power plant construction using cost-benefit analysis

International Nuclear Information System (INIS)

Moravcik, A.

1984-01-01

The cost benefit of investments is devided into social and economic benefits. The postulates are discussed for the assessment of the cost benefit of capital costs of nuclear power plants. The relations are given for total cost benefit of capital costs expressed by the total profit rate of capital costs, and the absolute effectiveness exoressed by the socio-economic benefit of capital costs. The absolute cost benefit of capital costs is characterized by several complex indexes. Comparable capital cost benefit is used for assessing the effectiveness of interchangeable variants of solution. The minimum calculated costs serve as the criterion for selecting the optimal variant. (E.S.)

Estimating the economic value and impacts of recreational trails: a case study of the Virginia creeper rail trail

Science.gov (United States)

J. Michael Bowker; John C. Bergstrom; Joshua Gill

2007-01-01

Many communities are interested in developing and maintaining recreational trails to benefit trail users and as tourist attractions to stimulate economic growth. In this paper, a study is described which estimates the net economic value to trail users and the local economic impacts of the Virginia Creeper Rail Trail in south-western Virginia, USA. The monetary...

Risk assessment and management of brucellosis in the southern greater Yellowstone area (II): Cost-benefit analysis of reducing elk brucellosis prevalence.

Science.gov (United States)

Boroff, Kari; Kauffman, Mandy; Peck, Dannele; Maichak, Eric; Scurlock, Brandon; Schumaker, Brant

2016-11-01

Recent cases of bovine brucellosis (Brucella abortus) in cattle (Bos taurus) and domestic bison (Bison bison) of the southern Greater Yellowstone Area (SGYA) have been traced back to free-ranging elk (Cervus elaphus). Several management activities have been implemented to reduce brucellosis seroprevalence in elk, including test-and-slaughter, low-density feeding at elk winter feedgrounds, and elk vaccination. It is unclear which of these activities are most cost-effective at reducing the risk of elk transmitting brucellosis to cattle. In a companion paper, a stochastic risk model was used to translate a reduction in elk seroprevalence to a reduction in the risk of transmission to cattle. Here, we use those results to estimate the expected economic benefits and costs of reducing seroprevalence in elk using three different management activities: vaccination of elk with Brucella strain 19 (S19), low-density feeding of elk, and elk test-and-slaughter. Results indicate that the three elk management activities yield negative expected net benefits, ranging from -$2983 per year for low-density feeding to -$595,471 per year for test-and-slaughter. Society's risk preferences will determine whether strategies that generate small negative net benefit, such as low-density feeding, are worth implementing. However, activities with large negative net benefits, such as test-and-slaughter and S19 vaccination, are unlikely to be economically worthwhile. Given uncertainty about various model parameters, we identify some circumstances in which individual management activities might generate positive expected net benefit. Copyright © 2016 Elsevier B.V. All rights reserved.

The Economic Benefits of Vehicle Miles Traveled (VMT)-Reducing Placemaking: Synthesizing a New View

Science.gov (United States)

2017-11-01

This paper analyzes evidence on the economic benefits of placemaking efforts that prioritize pedestrian and non-motorized access and that, at times, reduce vehicle miles traveled. The previous literature on the economic impacts of transportation has ...

The Estimated Health and Economic Benefits of Three Decades of Polio Elimination Efforts in India.

Science.gov (United States)

Nandi, Arindam; Barter, Devra M; Prinja, Shankar; John, T Jacob

2016-08-07

In March 2014, India, the country with historically the highest burden of polio, was declared polio free, with no reported cases since January 2011. We estimate the health and economic benefits of polio elimination in India with the oral polio vaccine (OPV) during 1982-2012. Based on a pre-vaccine incidence rate, we estimate the counterfactual burden of polio in the hypothetical absence of the national polio elimination program in India. We attribute differences in outcomes between the actual (adjusted for under-reporting) and hypothetical counterfactual scenarios in our model to the national polio program. We measure health benefits as averted polio incidence, deaths, and disability adjusted life years (DALYs). We consider two methods to measure economic benefits: the value of statistical life approach, and equating one DALY to the Gross National Income (GNI) per capita. We estimate that the National Program against Polio averted 3.94 million (95% confidence interval [CI]: 3.89-3.99 million) paralytic polio cases, 393,918 polio deaths (95% CI: 388,897- 398,939), and 1.48 billion DALYs (95% CI: 1.46-1.50 billion). We also estimate that the program contributed to a $1.71 trillion (INR 76.91 trillion) gain (95% CI: $1.69-$1.73 trillion [INR 75.93-77.89 trillion]) in economic productivity between 1982 and 2012 in our base case analysis. Using the GNI and DALY method, the economic gain from the program is estimated to be $1.11 trillion (INR 50.13 trillion) (95% CI: $1.10-$1.13 trillion [INR 49.50-50.76 trillion]) over the same period. India accrued large health and economic benefits from investing in polio elimination efforts. Other programs to control/eliminate more vaccine-preventable diseases are likely to contribute to large health and economic benefits in India.

Analysis of Potential Benefits and Costs of Updating the Commercial Building Energy Code in Iowa

Energy Technology Data Exchange (ETDEWEB)

Cort, Katherine A.; Belzer, David B.; Richman, Eric E.; Winiarski, David W.

2002-09-07

The state of Iowa is considering adpoting ASHRAE 90.1-1999 as its commercial building energy code. In an effort to evaluate whether or not this is an appropraite code for the state, the potential benefits and costs of adopting this standard are considered. Both qualitative and quantitative benefits are assessed. The energy simulation and economic results suggest that adopting ASHRAE 90.1-1999 would provide postitive net benefits to the state relative to the building and design requirements currently in place.

How can ASEAN and Japan mutually benefit from ASEAN economic integration?

OpenAIRE

Sato, Hitoshi

2014-01-01

This paper reviews the evolution of the economic and political relationship between the Association of Southeast Asian Nations (ASEAN) Member States and Japan since the 1970s, from the perspectives of trade in goods and services, foreign direct investment (FDI) and international labour movements. ASEAN economic integration is likely to yield mutual benefits for both ASEAN Member States and Japan. The larger ASEAN market will not only attract new Japanese FDI but also encourage Japanese multin...

Evaluating the economic benefits of nonmotorized transportation : case studies and methods for the nonmotorized transportation pilot program communities.

Science.gov (United States)

2015-03-01

This report examines potential methods for evaluating the economic benefits from nonmotorized transportation investments. The variety of potential economic benefits of bicycle and pedestrian infrastructure and programming investments discussed includ...

Is There a Limit to Growth? Comparing the Environmental Cost of an Airport’s Operations with Its Economic Benefit

Directory of Open Access Journals (Sweden)

Cherie Lu

2017-11-01

Full Text Available With the growing global awareness of the requirement for sustainable development, economic development is no longer the sole objective of business activities. The need to find a balance between environmental impacts and economic benefits is especially the case for airport operations in or around cities. This study measured the environmental costs and economic benefits and of an airport for a period of 10 years, using Taipei Songshan Airport for the empirical analysis, to examine whether the environmental costs could outweigh the economic benefits. Of all the environmental negative side effects, aircraft engine emissions and noise nuisance are considered the main sources of environmental impacts. The dose-response method and the hedonic price method, respectively, were used for estimating the social costs of these. Income generation from both direct and secondary employment is measured as economic benefits by applying the Garin-Lowry model, originally developed in 1966, for estimation of the employment multiplier. The results show that, in general, the operation of Taipei Songshan Airport brought more economic benefits than environmental costs. The sensitivity analysis of emissions and noise social cost parameters shows that the environmental costs might have exceeded the economic benefits in 2008 and 2009 in certain high emissions and noise social cost cases.

Economic benefits of less restrictive regulation of advanced practice nurses in North Carolina.

Science.gov (United States)

Conover, Chris; Richards, Robert

2015-01-01

With looming provider shortages and increased demand for health care, many states are looking for low-cost ways to alleviate the shortages. The purpose of this study was to assess the economic impact of less restrictive regulations for advanced practice registered nurses (APRNs) in North Carolina. We use economic impact analysis to demonstrate the economic impacts of making state scope-of-practice regulations on APRNs less restrictive in North Carolina. Outcomes include economic output, value-added, payroll compensation, employment, and tax revenue for North Carolina and for various subregions. If North Carolina adopted the same approach to APRN regulation as the least restrictive states, its economy will benefit from substantial increases in economic output and employment. The state will also see increases in tax revenue. In addition to substantially shrinking the size of projected physician shortages, allowing full scope-of-practice for APRNs will bring significant economic benefits to the state of North Carolina. Our analysis should be helpful to policy makers considering ways to deal with provider shortages. Copyright © 2015 Elsevier Inc. All rights reserved.

Renewable and non-renewable energy consumption and economic growth: Evidence from MENA Net Oil Exporting Countries.

OpenAIRE

Kahia, Montassar; Ben Aissa, Mohamed Safouane

2014-01-01

This study investigate the relationship between renewable and non-renewable energy consumption and economic growth in a sample of 13 MENA Net Oil Exporting Countries covering the period 1980–2012 within a multivariate panel framework. The Pedroni (1999, 2004), Kao (1999) as well as the Westerlund (2007) panel cointegration tests indicate that there is a long-run equilibrium relationship between real GDP, renewable energy consumption, non-renewable energy consumption, real gross fixed capital ...

Scaling of economic benefits from green roof implementation in Washington, DC.

Science.gov (United States)

Niu, Hao; Clark, Corrie; Zhou, Jiti; Adriaens, Peter

2010-06-01

Green roof technology is recognized for mitigating stormwater runoff and energy consumption. Methods to overcome the cost gap between green roofs and conventional roofs were recently quantified by incorporating air quality benefits. This study investigates the impact of scaling on these benefits at the city-wide scale using Washington, DC as a test bed because of the proposed targets in the 20-20-20 vision (20 million ft(2) by 2020) articulated by Casey Trees, a nonprofit organization. Building-specific stormwater benefits were analyzed assuming two proposed policy scenarios for stormwater fees ranging from 35 to 50% reduction for green roof implementation. Heat flux calculations were used to estimate building-specific energy savings for commercial buildings. To assess benefits at the city scale, stormwater infrastructure savings were based on operational savings and size reduction due to reduced stormwater volume generation. Scaled energy infrastructure benefits were calculated using two size reductions methods for air conditioners. Avoided carbon dioxide, nitrogen oxide (NO(x)), and sulfur dioxide emissions were based on reductions in electricity and natural gas consumption. Lastly, experimental and fugacity-based estimates were used to quantify the NO(x) uptake by green roofs, which was translated to health benefits using U.S. Environmental Protection Agency models. The results of the net present value (NPV) analysis showed that stormwater infrastructure benefits totaled $1.04 million (M), while fee-based stormwater benefits were $0.22-0.32 M/y. Energy savings were $0.87 M/y, while air conditioner resizing benefits were estimated at $0.02 to $0.04 M/y and avoided emissions benefits (based on current emission trading values) were $0.09 M-0.41 M/y. Over the lifetime of the green roof (40 years), the NPV is about 30-40% less than that of conventional roofs (not including green roof maintenance costs). These considerable benefits, in concert with current and

Counterintuitive proposals for trans-boundary ecological compensation under "No Net Loss" biodiversity policy

DEFF Research Database (Denmark)

Bull, Joseph William; Abatayo, Anna Lou; Strange, Niels

2017-01-01

‘No net loss’ (NNL) policies involve quantifying biodiversity impacts associated with economic development, and implementing commensurate conservation gains to balance losses. Local stakeholders are often affected by NNL biodiversity trades. But to what extent are NNL principles intuitive...... compensation should be: close to development impacts; greater than losses; smaller, given a background trend of biodiversity decline; and, smaller when gains have co-benefits for biodiversity. However, survey participant proposals violated all four principles. Participants proposed substantial forest...

Socio-Economic Benefits of Bamboo-Craft Entrepreneurship: The Case of Rinconada Bamboo Entrepreneurs

Directory of Open Access Journals (Sweden)

Seth B. Barandon

2015-12-01

Full Text Available –Bamboo entrepreneurship is one of the key instruments in uplifting the socio-economic status of the poor and under privileged people in Rinconada area. This study evaluated the socioeconomic benefits of bamboo craft making on the entrepreneurs of the district. Using descriptive-survey, data were obtained from 60 purposely chosen bamboo entrepreneurs from a list given by the Department of Trade of Industry. A 12-item researcher-made questionnaire was the main gathering tool supported by interview and observation. Results revealed that the social benefits derived by the bamboo entrepreneurs can able to communicate to more networks, adequate support to education of children is being provided, and television sets, while economic benefits is having their own house with sanitation. The bamboo entrepreneurs can satisfy the hierarchy of needs for shelter, security and social communication.

Electronic Payment System in Nigeria: Its Economic Benefits and Challenges

Science.gov (United States)

Okifo, Joseph; Igbunu, Richard

2015-01-01

The crux of this study is on the adoption of E-payment system in Nigeria: Its economic benefits and challenges. The arrival of the internet has taken electronic payments and transactions to an exponential growth level. Consumers could purchase goods and services from the internet and send unencrypted credit card numbers across the network, which…

Beyond fuelwood savings. Valuing the economic benefits of introducing improved biomass cookstoves in the Purepecha region of Mexico

International Nuclear Information System (INIS)

Garcia-Frapolli, Eduardo; Schilmann, Astrid; Berrueta, Victor M.; Riojas-Rodriguez, Horacio; Edwards, Rufus D.; Johnson, Michael; Guevara-Sangines, Alejandro; Armendariz, Cynthia; Masera, Omar

2010-01-01

Half of the world population relies on biomass for cooking, with very significant health as well as climate change impacts. Improved cookstoves have been disseminated as an alternative to reduce these impacts. However, few detailed studies about the economic benefits of improved cookstoves (ICS) interventions, including environmental and health co-benefits, exist to date. In this paper we perform a comprehensive economic evaluation of a dissemination program of ICS in rural Mexico. The resulting cost-benefit analysis (CBA) of the Patsari improved cookstove is presented, utilizing estimation of direct costs and benefits, including fuelwood savings, income generation, health impacts, environmental conservation, and reduction in greenhouse gas emissions. The analysis is based on comprehensive data obtained through monitoring studies carried out in the Study Area from 2003 to the present. Results show that Patsari cookstoves represent a viable economic option for improving living conditions of the poorest inhabitants of rural Mexico, with benefit/cost ratios estimated between 11.4:1 and 9:1. The largest contributors to economic benefits stemmed from fuelwood savings and reductions in health impacts, which constituted 53% and 28% of the overall benefit, respectively. (author)

The benefits of improved technologies in agricultural aviation. [economic impact and aircraft configurations

Science.gov (United States)

1978-01-01

The economic benefits attributable to a variety of potential technological improvements in agricultural aviation are discussed. Topics covered include: the ag-air industry, the data base used to estimate the potential benefits and a summary of the potential benefits from technological improvements; ag-air activities in the United States; foreign ag-air activities; major ag-air aircraft is use and manufacturers' sales and distribution networks; and estimates of the benefits to the United States of proposed technological improvements to the aircraft and dispersal equipment. A bibliography of references is appended.

Estimating spillover benefits of large R and D projects: Application of real options modelling approach to the case of thermonuclear fusion R and D programme

International Nuclear Information System (INIS)

Bednyagin, Denis; Gnansounou, Edgard

2012-01-01

This paper is focused on the analysis of spillover benefits of the ongoing R and D programme on thermonuclear fusion technology. The spillover effects are understood here as positive externalities of publicly funded R and D, demonstration and deployment (RDDD) activities that may be revealed at the companies' level in the form of newly created knowledge stock; development of innovative products/processes with broader market applications; strengthening of R and D, manufacturing and marketing capabilities; etc. An integrated compound real options model is proposed that allows to estimate the strategic net social present value of fusion RDDD programme taking into account the different types of spillover benefits along with the hidden real options value arising due to uncertainty and managerial flexibility. It was found that the value of spillover effects, modelled as “expansion option”, could represent a significant proportion of the overall socio-economic value of fusion RDDD programme (nearly 20%). This paper clearly demonstrates that, besides a high-level mission to assure sustainable energy supply, fusion RDDD programme may yield substantial net socio-economic benefits that may be at least two times higher compared to the expected RD and D costs, and hence the pursuit of even more ambitious programme is economically justified. - Highlights: ► Evaluate the strategic net social present value of fusion RDDD programme. ► Consider different types of spillover effects. ► Economic value of spillovers is estimated with a compound real options model. ► Spillover benefits could represent up to 20% of the value of fusion RDDD programme.

On the economic benefit of utility based estimation of a volatility model

OpenAIRE

Adam Clements; Annastiina Silvennoinen

2009-01-01

Forecasts of asset return volatility are necessary for many financial applications, including portfolio allocation. Traditionally, the parameters of econometric models used to generate volatility forecasts are estimated in a statistical setting and subsequently used in an economic setting such as portfolio allocation. Differences in the criteria under which the model is estimated and applied may inhibit reduce the overall economic benefit of a model in the context of portfolio allocation. Thi...

Renewable and non-renewable energy consumption and economic growth: Evidence from MENA Net Oil Importing Countries

OpenAIRE

Kahia, Montassar; Ben Aissa, Mohamed Safouane

2014-01-01

In this paper, we use panel cointegration techniques to explore the relationship between renewable and non-renewable energy consumption and economic growth in a sample of 11 MENA Net Oil Importing Countries covering the period 1980–2012. The Pedroni (1999, 2004), Kao(1999) as well as Westerlund(2007) panel cointegration tests indicate that there is a long-run equilibrium relationship between real GDP, renewable energy consumption, non-renewable energy consumption, real gross fixed capital for...

Estimating the net benefit of a specialized return-to-work program for workers on short-term disability related to a mental disorder: an example exploring investment in collaborative care.

Science.gov (United States)

Dewa, Carolyn S; Hoch, Jeffrey S

2014-06-01

This article estimates the net benefit for a company incorporating a collaborative care model into its return-to-work program for workers on short-term disability related to a mental disorder. Employing a simple decision model, the net benefit and uncertainty were explored. The breakeven point occurs when the average short-term disability episode is reduced by at least 7 days. In addition, 85% of the time, benefits could outweigh costs. Model results and sensitivity analyses indicate that organizational benefits can be greater than the costs of incorporating a collaborative care model into a return-to-work program for workers on short-term disability related to a mental disorder. The results also demonstrate how the probability of a program's effectiveness and the magnitude of its effectiveness are key factors that determine whether the benefits of a program outweigh its costs.

Safety and economic impacts of photo radar program.

Science.gov (United States)

Chen, Greg

2005-12-01

Unsafe speed is one of the major traffic safety challenges facing motorized nations. In 2003, unsafe speed contributed to 31 percent of all fatal collisions, causing a loss of 13,380 lives in the United States alone. The economic impact of speeding is tremendous. According to NHTSA, the cost of unsafe speed related collisions to the American society exceeds 40 billion US dollars per year. In response, automated photo radar speed enforcement programs have been implemented in many countries. This study assesses the economic impacts of a large-scale photo radar program in British Columbia. The knowledge generated from this study could inform policy makers and project managers in making informed decisions with regard to this highly effective and efficient, yet very controversial program. This study establishes speed and safety effects of photo radar programs by summarizing two physical impact investigations in British Columbia. It then conducts a cost-benefit analysis to assess the program's economic impacts. The cost-benefit analysis takes into account both societal and funding agency's perspectives. It includes a comprehensive account of major impacts. It uses willingness to pay principle to value human lives saved and injuries avoided. It incorporates an extended sensitivity analysis to quantify the robustness of base case conclusions. The study reveals an annual net benefit of approximately 114 million in year 2001 Canadian dollars to British Columbians. The study also finds a net annual saving of over 38 million Canadian dollars for the Insurance Corporation of British Columbia (ICBC) that funded the program. These results are robust under almost all alternative scenarios tested. The only circumstance under which the net benefit of the program turns negative is when the real safety effects were one standard deviation below the estimated values, which is possible but highly unlikely. Automated photo radar traffic safety enforcement can be an effective and efficient

Economic costs and benefits of promoting healthy takeaway meals at workplace canteens

DEFF Research Database (Denmark)

Jensen, Jørgen Dejgård; Mørkbak, Morten Raun; Nordström, Leif Jonas

2012-01-01

to assess the net society costs and benefits associated with an extended use of canteen takeaway meals as a health promotion strategy. The results show that employees have a positive willingness to pay for health attributes in canteen takeaway meals, but with a minority having a highly negative willingness......Canteen Takeaway is a novel concept, which entails workplace canteens to utilise existing production capacity to supply packaged meals for employees to bring home. The concept has a potential to raise the average nutritional quality of employees' diets. The purpose of the study is to assess...... to pay for the canteen takeaway concept. The potential health effects of a healthy canteen takeaway programme are estimated to be positive, but modest in magnitude. The estimated costs of providing healthy canteen takeaway meals exceed the sum of average direct and indirect benefits. In conclusion...

Economic costs and benefits of promoting healthy takeaway meals at workplace canteens

DEFF Research Database (Denmark)

Jensen, Jørgen Dejgård; Mørkbak, Morten Raun; Nordström, Leif Jonas

to assess the net society costs and benefits associated with an extended use of canteen takeaway meals as a health promotion strategy. The results show that employees have a positive willingness to pay for health attributes in canteen takeaway meals, but with a minority having a highly negative willingness......Canteen Takeaway is a novel concept, which entails workplace canteens to utilise existing production capacity to supply packaged meals for employees to bring home. The concept has a potential to raise the average nutritional quality of employees' diets. The purpose of the study is to assess...... to pay for the canteen takeaway concept. The potential health effects of a healthy canteen takeaway programme are estimated to be positive, but modest in magnitude. The estimated costs of providing healthy canteen takeaway meals exceed the sum of average direct and indirect benefits. In conclusion...

Comprehensive evaluation of environmental and economic benefits of China's urban underground transportation construction projects.

Science.gov (United States)

Yang, Xiaobin; Chen, Zhilong; Guo, Dongjun

2015-07-01

Urban underground transportation projects are introduced to address problems of scarce green land and traffic pollution. As construction of urban underground transportation is still in its infancy, there is no definite quantitative measurement on whether the construction is beneficial and what influences it will place on the region in China. This study intends to construct a comprehensive evaluation method for evaluating social, economic and environmental benefits of urban underground transportation projects and proposes the concept, role and principle for evaluation of environmental and economic benefits. It figures out relationship between the environment and factors of city development. It also summarizes three relevant factors, including transportation, biophysics and social economy, and works out indicators to evaluate the influence of urban underground transportation construction. Based on Contingent Valuation Method (CVM), Cost of Illness Approach (CIA), Human Capital Approach (HCA), this paper constructs 13 monetization calculation models for social, economic and environmental benefits in response to seven aspects, namely, reducing noise pollution and air pollution, using land efficiently, improving traffic safety, reducing traffic congestion, saving shipping time and minimizing transportation costs.

Informal waste harvesting in Victoria Falls town, Zimbabwe: Socio-economic benefits

NARCIS (Netherlands)

Masocha, M.

2006-01-01

Waste harvesting, which occurs mostly but not exclusively at open waste dumps in Zimbabwe, constitutes one of the most important survival options for the urban poor. This paper analyses and discusses socio-economic benefits of informal waste harvesters in Victoria Falls town. Victoria Falls town has

APROACHING THE ECONOMIC DIMENSION OF SUSTAINABLE DEVELOPMENT FROM A FINANCIAL PERSPECTIVE: A CASE STUDY REGARDING CASH - FLOW ANALYSIS AND THE RELATIONSIPS BETWEEN CASH - FLOW AND NET INCOME

Directory of Open Access Journals (Sweden)

Diana Elena Vasiu

2014-10-01

Full Text Available Europe 2020, a strategy for smart, sustainable and inclusive growth stresses the necessity of smart, sustainable and inclusive growth. The objectives of a sustainable economic development include sustaining economic growth, maximizing private profits and expanding markets. Considering this, economic development must based on facts, not on papers. Therefore, considering the economic dimension of sustainable development, it is important to establish if Romanian companies listed and traded on Bucharest Stock Exchange are able to obtain profit while cash is withdrawn. Even if reported in the income statement, net profit is not simultaneously charged due to accrual accounting that makes the balance sheet provide a static picture of the financial position, while the cash flow statement provides a dynamic picture of it. Therefore, the financial performance analysis based on classical indicators of performance must be accompanied by the analysis of treasury, namely of the cash flow, which provides a comprehensive assessment possibility of the financial performance, flexibility and adaptability of the economic entity, in the context of a highly competitive and often unstable environment. A positive net flows is a confirmation of the economic success of the company representing the concrete expression of the net profit and other pecuniary accumulations, interpreted as the real self-financing investment capacity, which would lead to the real asset growth and thus to the increase of the owners' wealth.

Extended benefit cost analysis as an instrument of economic valuated in Petungkriyono forest ecosystem services

Science.gov (United States)

Damayanti, Irma; Nur Bambang, Azis; Retnaningsih Soeprobowati, Tri

2018-05-01

Petungkriyono is the last tropical forest in Java and provides biodiversity including rare flora and fauna that must be maintained, managed and utilized in order to give meaning for humanity and sustainability. Services of Forest Ecosystem in Petungkriyono are included such as goods supply, soil-water conservation, climate regulation, purification environment and flora fauna habitats. The approach of this study is the literature review from various studies before perceiving the influenced of economic valuation in determining the measurement conservation strategies of Petungkriyono Natural Forest Ecosystem in Pekalongan Regency. The aims of this study are to analyzing an extended benefit cost of natural forest ecosystems and internalizing them in decision making. The method of quantification and valuation of forest ecosystem is Cost and Benefit Analysis (CBA) which is a standard economic appraisal tools government in development economics. CBA offers the possibility capturing impact of the project. By using productivity subtitution value and extended benefit cost analysis any comodity such as Backwoods,Pine Woods, Puspa woods and Pine Gum. Water value, preventive buildings of landslide and carbon sequestration have total economic value of IDR.163.065.858.080, and the value of Extended Benefit Cost Ratio in Petungkriyono is 281.35 %. However, from the result is expected the local government of Pekalongan to have high motivation in preserve the existence of Petungkriyono forest.

Economic benefits of broadened local area networks for electric power plants

International Nuclear Information System (INIS)

Holmes, T.

1988-01-01

The paper discusses economic benefits which influenced the choice of a broadband local area network for a power plant instead of an alternative multi-cable communication network. Broadband communication networks can offer significant economies over alternative technologies. One-time, cost avoidance savings and recurring annual savings are estimated to total $5.1 million in the first year. The cost/benefit analysis presented here can be used as a guide by other utilities to analyze communication networking alternatives. The paper also includes a discussion of local area network attributes relevant to the power plant installation

Estimating the incremental net health benefit of requirements for cardiovascular risk evaluation for diabetes therapies.

Science.gov (United States)

Chawla, Anita J; Mytelka, Daniel S; McBride, Stephan D; Nellesen, Dave; Elkins, Benjamin R; Ball, Daniel E; Kalsekar, Anupama; Towse, Adrian; Garrison, Louis P

2014-03-01

To evaluate the advantages and disadvantages of pre-approval requirements for safety data to detect cardiovascular (CV) risk contained in the December 2008 U.S. Food and Drug Administration (FDA) guidance for developing type 2 diabetes drugs compared with the February 2008 FDA draft guidance from the perspective of diabetes population health. We applied the incremental net health benefit (INHB) framework to quantify the benefits and risks of investigational diabetes drugs using a common survival metric (life-years [LYs]). We constructed a decision analytic model for clinical program development consistent with the requirements of each guidance and simulated diabetes drugs, some of which had elevated CV risk. Assuming constant research budgets, we estimate the impact of increased trial size on drugs investigated. We aggregate treatment benefit and CV risks for each approved drug over a 35-year horizon under each guidance. The quantitative analysis suggests that the December 2008 guidance adversely impacts diabetes population health. INHB was -1.80 million LYs, attributable to delayed access to diabetes therapies (-0 .18 million LYs) and fewer drugs (-1.64 million LYs), but partially offset by reduced CV risk exposure (0.02 million LYs). Results were robust in sensitivity analyses. The health outcomes impact of all potential benefits and risks should be evaluated in a common survival measure, including health gain from avoided adverse events, lost health benefits from delayed or for gone efficacious products, and impact of alternative policy approaches. Quantitative analysis of the December 2008 FDA guidance for diabetes therapies indicates that negative impact on patient health will result. Copyright © 2014 The Authors. Pharmacoepidemiology and Drug Safety published by John Wiley & Sons, Ltd.

Estimating Green Net National Product for Puerto Rico: An Economic Measure of Sustainability

Science.gov (United States)

Wu, Shanshan; Heberling, Matthew T.

2016-04-01

This paper presents the data sources and methodology used to estimate Green Net National Product (GNNP), an economic metric of sustainability, for Puerto Rico. Using the change in GNNP as a one-sided test of weak sustainability (i.e., positive growth in GNNP is not enough to show the economy is sustainable), we measure the movement away from sustainability by examining the change in GNNP from 1993 to 2009. In order to calculate GNNP, we require both economic and natural capital data, but limited data for Puerto Rico require a number of simplifying assumptions. Based on the environmental challenges faced by Puerto Rico, we include damages from air emissions and solid waste, the storm protection value of mangroves and the value of extracting crushed stone as components in the depreciation of natural capital. Our estimate of GNNP also includes the value of time, which captures the effects of technological progress. The results show that GNNP had an increasing trend over the 17 years studied with two periods of negative growth (2004-2006 and 2007-2008). Our additional analysis suggests that the negative growth in 2004-2006 was possibly due to a temporary economic downturn. However, the negative growth in 2007-2008 was likely from the decline in the value of time, suggesting the island of Puerto Rico was moving away from sustainability during this time.

Estimating Green Net National Product for Puerto Rico: An Economic Measure of Sustainability.

Science.gov (United States)

Wu, Shanshan; Heberling, Matthew T

2016-04-01

This paper presents the data sources and methodology used to estimate Green Net National Product (GNNP), an economic metric of sustainability, for Puerto Rico. Using the change in GNNP as a one-sided test of weak sustainability (i.e., positive growth in GNNP is not enough to show the economy is sustainable), we measure the movement away from sustainability by examining the change in GNNP from 1993 to 2009. In order to calculate GNNP, we require both economic and natural capital data, but limited data for Puerto Rico require a number of simplifying assumptions. Based on the environmental challenges faced by Puerto Rico, we include damages from air emissions and solid waste, the storm protection value of mangroves and the value of extracting crushed stone as components in the depreciation of natural capital. Our estimate of GNNP also includes the value of time, which captures the effects of technological progress. The results show that GNNP had an increasing trend over the 17 years studied with two periods of negative growth (2004-2006 and 2007-2008). Our additional analysis suggests that the negative growth in 2004-2006 was possibly due to a temporary economic downturn. However, the negative growth in 2007-2008 was likely from the decline in the value of time, suggesting the island of Puerto Rico was moving away from sustainability during this time.

The economics of fishing the high seas.

Science.gov (United States)

Sala, Enric; Mayorga, Juan; Costello, Christopher; Kroodsma, David; Palomares, Maria L D; Pauly, Daniel; Sumaila, U Rashid; Zeller, Dirk

2018-06-01

While the ecological impacts of fishing the waters beyond national jurisdiction (the "high seas") have been widely studied, the economic rationale is more difficult to ascertain because of scarce data on the costs and revenues of the fleets that fish there. Newly compiled satellite data and machine learning now allow us to track individual fishing vessels on the high seas in near real time. These technological advances help us quantify high-seas fishing effort, costs, and benefits, and assess whether, where, and when high-seas fishing makes economic sense. We characterize the global high-seas fishing fleet and report the economic benefits of fishing the high seas globally, nationally, and at the scale of individual fleets. Our results suggest that fishing at the current scale is enabled by large government subsidies, without which as much as 54% of the present high-seas fishing grounds would be unprofitable at current fishing rates. The patterns of fishing profitability vary widely between countries, types of fishing, and distance to port. Deep-sea bottom trawling often produces net economic benefits only thanks to subsidies, and much fishing by the world's largest fishing fleets would largely be unprofitable without subsidies and low labor costs. These results support recent calls for subsidy and fishery management reforms on the high seas.

Assessment of private economic benefits and positive environmental externalities of tea plantation in China.

Science.gov (United States)

Xue, Hui; Ren, Xiaoyi; Li, Shiyu; Wu, Xu; Cheng, Hao; Xu, Bin; Gu, Baojing; Yang, Guofu; Peng, Changhui; Ge, Ying; Chang, Jie

2013-10-01

Tea plantations are rapidly expanding in China and other countries in the tropical and subtropical zones, driven by relatively high private economic benefit. However, the impact of tea plantations on the regional environment, including ecosystem services and disservices are unclear. In this study, we developed an assessment framework for determining the private economic benefits and environmental externalities (the algebraic sum of the regulating services and disservices) of tea plantations in China. Our results showed that tea plantations provided private economic benefits of 5,652 yuan ha(-1) year(-1) (7.6 yuan = 1 USD in 2007) for tea farmers, plus positive environmental externalities of 6,054 yuan ha(-1) year(-1) for the society. The environmental externalities were calculated as the sum of the value of four regulating services, including carbon sequestration (392 yuan ha(-1) year(-1)); soil retention (72 yuan ha(-1) year(-1)); soil fertility protection (3,189 yuan ha(-1) year(-1)) and water conservation (2,685 yuan ha(-1) year(-1)), and three disservices, including CO2 emission (-39 yuan ha(-1) year(-1)), N2O emission (-137 yuan ha(-1) year(-1)) and nonpoint source pollution (-108 yuan ha(-1) year(-1)). Before the private optimal level, the positive environmental externalities can be maintained by private economic benefits; if a social optimal level is required, subsidies from government are necessary.

The domestic benefits of tropical forests: a critical review.

Science.gov (United States)

Chomitz, K M; Kumari, K

1998-02-01

This review focuses on forests in the humid tropics and on two of their potentially most important benefits. These include hydrological benefits, such as erosion control and regulation of stream flows, and non-timber forest products, such as rubber, rattan, fruits, and nuts. The first benefit is motivational. Host countries capture only a small proportion of the global benefits, which stem from biodiversity conservation. Demonstration of palpable local benefits could help to build support for biodiversity-oriented projects. The second benefit is the magnitude of domestic benefits that could influence project financing. Sufficiently large net domestic benefits could justify financing of a project on narrow economic grounds, with biodiversity conservation as a by-product. Overall, it is noted that the quantifiable benefits of forest preservation in providing hydrological services and non-timber forest products are highly variable. These classes of domestic benefits may in general be smaller than popularly supposed. In view of this, the need for financing conservation from the Global Environmental Facility or other global sources is emphasized rather than placing the burden on domestic resources.

Effect of Component Failures on Economics of Distributed Photovoltaic Systems

Energy Technology Data Exchange (ETDEWEB)

Lubin, Barry T. [Univ. of Hartford, West Hartford, CT (United States)

2012-02-02

This report describes an applied research program to assess the realistic costs of grid connected photovoltaic (PV) installations. A Board of Advisors was assembled that included management from the regional electric power utilities, as well as other participants from companies that work in the electric power industry. Although the program started with the intention of addressing effective load carrying capacity (ELCC) for utility-owned photovoltaic installations, results from the literature study and recommendations from the Board of Advisors led investigators to the conclusion that obtaining effective data for this analysis would be difficult, if not impossible. The effort was then re-focused on assessing the realistic costs and economic valuations of grid-connected PV installations. The 17 kW PV installation on the University of Hartford's Lincoln Theater was used as one source of actual data. The change in objective required a more technically oriented group. The re-organized working group (changes made due to the need for more technically oriented participants) made site visits to medium-sized PV installations in Connecticut with the objective of developing sources of operating histories. An extensive literature review helped to focus efforts in several technical and economic subjects. The objective of determining the consequences of component failures on both generation and economic returns required three analyses. The first was a Monte-Carlo-based simulation model for failure occurrences and the resulting downtime. Published failure data, though limited, was used to verify the results. A second model was developed to predict the reduction in or loss of electrical generation related to the downtime due to these failures. Finally, a comprehensive economic analysis, including these failures, was developed to determine realistic net present values of installed PV arrays. Two types of societal benefits were explored, with quantitative valuations developed

Integrating socio-economical dimensions in the ICRP cost-benefit model (a theoretical approach)

International Nuclear Information System (INIS)

Lochard, Jacques.

1981-09-01

This report aims at analysing, from a methodological point of view, the main problems associated with the integration of socio-economical dimensions in the cost-benefit model recommended by the ICRP in its publication no. 26. After recalling the basic principles of cost-benefit analysis, the elements to be retained in the objective function characterizing the analysis, and the question of the social benefit definitions are discussed. The theory of social surplus with an illustration taken from the radiological protection field is presented [fr

Strategic considerations in Indian space programme—Towards maximising socio-economic benefits

Science.gov (United States)

Sridhara Murthi, K. R.; Madhusudan, H. N.

2008-07-01

Strategic thinking and planning have been the hallmarks of Indian space programme, whose objectives are sharply focused on deriving socio-economic benefits of space technology. The purpose of this paper is to identify various strategies, which played a role in different phases of the programme, contributing to social and economic outcomes and effectiveness. While self-reliant development of technological capacity and evaluation of applications with involvement of users formed the backbone of strategy in the initial phase of the programme, subsequent strategies were centred on development of organisational culture and systems, industry role and promotion of spin offs. Other strategies dealt with the response to challenges inherent in space endeavours in terms of risk management, sustainability, investments and long-term commitments, judicious make or buy decisions, safeguard of sensitive technologies, space commerce and finally harmonising international cooperation with national objectives. The strategies in the programme were consistently driven by a clear-cut vision and objectives to develop and use space technology in diverse areas where space systems become relevant for socio-economic development such as telecommunications and broadcasting, meteorology, disaster management support, remote sensing of natural and anthropogenic phenomena, and positioning and navigation services. This paper synthesises various studies and experiences in India in order to analyse strategies in the face of changes in technology, application needs and international policies. It also examines the effectiveness of these strategies in terms of economic and social costs and benefits. Based on the above analysis, a typical conceptual model for use of space for development is suggested.

The importance of health co-benefits in macroeconomic assessments of UK Greenhouse Gas emission reduction strategies.

Science.gov (United States)

Jensen, Henning Tarp; Keogh-Brown, Marcus R; Smith, Richard D; Chalabi, Zaid; Dangour, Alan D; Davies, Mike; Edwards, Phil; Garnett, Tara; Givoni, Moshe; Griffiths, Ulla; Hamilton, Ian; Jarrett, James; Roberts, Ian; Wilkinson, Paul; Woodcock, James; Haines, Andy

We employ a single-country dynamically-recursive Computable General Equilibrium model to make health-focussed macroeconomic assessments of three contingent UK Greenhouse Gas (GHG) mitigation strategies, designed to achieve 2030 emission targets as suggested by the UK Committee on Climate Change. In contrast to previous assessment studies, our main focus is on health co-benefits additional to those from reduced local air pollution. We employ a conservative cost-effectiveness methodology with a zero net cost threshold. Our urban transport strategy (with cleaner vehicles and increased active travel) brings important health co-benefits and is likely to be strongly cost-effective; our food and agriculture strategy (based on abatement technologies and reduction in livestock production) brings worthwhile health co-benefits, but is unlikely to eliminate net costs unless new technological measures are included; our household energy efficiency strategy is likely to breakeven only over the long term after the investment programme has ceased (beyond our 20 year time horizon). We conclude that UK policy makers will, most likely, have to adopt elements which involve initial net societal costs in order to achieve future emission targets and longer-term benefits from GHG reduction. Cost-effectiveness of GHG strategies is likely to require technological mitigation interventions and/or demand-constraining interventions with important health co-benefits and other efficiency-enhancing policies that promote internalization of externalities. Health co-benefits can play a crucial role in bringing down net costs, but our results also suggest the need for adopting holistic assessment methodologies which give proper consideration to welfare-improving health co-benefits with potentially negative economic repercussions (such as increased longevity).

An expost economic assessment of the intervention against highly pathogenic avian influenza in Nigeria

Directory of Open Access Journals (Sweden)

Mohamadou L. Fadiga

2014-05-01

Full Text Available This study assesses the intervention against avian influenza in Nigeria. It applied a simple compartmental model to define endemic and burn-out scenarios for the risk of spread of HPAI in Nigeria. It followed with the derivation of low and high mortality risks associated to each scenario. The estimated risk parameters were subsequently used to stochastically simulate the trajectory of the disease, had no intervention been carried out. Overall, the intervention costs US$ 41 million, which was yearly dis- bursed in various amounts over the 2006-2010 period. The key output variables (incremental net benefit, disease cost, and benefit cost ratio were estimated for each randomly drawn risk parameter. With a 12% annual discount rate, the results show that the intervention was economically justified under the endemic scenario with high mortality risk. On average, incremental benefit under this scenario amounted to US$ 63.7 million, incremental net benefit to US$27.2 million, and benefit cost ratio estimated to 1.75.

Sustainability Assessment of Large Irrigation Dams in Senegal: A Cost-Benefit Analysis for the Senegal River Valley

Directory of Open Access Journals (Sweden)

Stanislaw eManikowski

2016-03-01

Full Text Available Starting in the 1970s, the Senegalese Government invested in the development of irrigated schemes in the Senegalese part of the Senegal River Valley (S-SRV. From that time to 2012, the irrigated schemes increased from 10,000 ha to more than 110,000 ha. In the meantime, the economic viability of these schemes started to be questioned. It also appeared that the environmental health and social costs might outweigh the benefits of irrigation. Using a life cycle assessment approach and project cost-benefits modelling, this study (i quantified the costs and benefits of the S-SRV irrigated rice production, (ii evaluated the costs and benefits of its externalities and (iii discussed the irrigated rice support policy. The net financial revenues from the irrigated schemes were positive, but their economic equivalences. The economic return rate (EER was below the expected 12% and the net present value (NPV over 20 years of the project represented a loss of about US$-19.6 million. However, if we also include the project’s negative externalities, such as the reduced productivity of the valley ecosystems, protection cost of human health, environmental degradation and social impacts, then the NPV would be much worse, approximately US$-572.1 million. Therefore, the results show that to stop the economic loss and alleviate the human suffering, the S-SRV development policy should be revised using an integrated approach and the exploitation technology should aim at environmental sustainability. This paper may offer useful insights for reviewing the current Senegalese policies for the valley, as well as for assessing other similar cases or future projects worldwide, particularly in critical zones of developing countries.

Economic benefits of methylmercury exposure control in Europe: Monetary value of neurotoxicity prevention

Science.gov (United States)

2013-01-01

Background Due to global mercury pollution and the adverse health effects of prenatal exposure to methylmercury (MeHg), an assessment of the economic benefits of prevented developmental neurotoxicity is necessary for any cost-benefit analysis. Methods Distributions of hair-Hg concentrations among women of reproductive age were obtained from the DEMOCOPHES project (1,875 subjects in 17 countries) and literature data (6,820 subjects from 8 countries). The exposures were assumed to comply with log-normal distributions. Neurotoxicity effects were estimated from a linear dose-response function with a slope of 0.465 Intelligence Quotient (IQ) point reduction per μg/g increase in the maternal hair-Hg concentration during pregnancy, assuming no deficits below a hair-Hg limit of 0.58 μg/g thought to be safe. A logarithmic IQ response was used in sensitivity analyses. The estimated IQ benefit cost was based on lifetime income, adjusted for purchasing power parity. Results The hair-mercury concentrations were the highest in Southern Europe and lowest in Eastern Europe. The results suggest that, within the EU, more than 1.8 million children are born every year with MeHg exposures above the limit of 0.58 μg/g, and about 200,000 births exceed a higher limit of 2.5 μg/g proposed by the World Health Organization (WHO). The total annual benefits of exposure prevention within the EU were estimated at more than 600,000 IQ points per year, corresponding to a total economic benefit between €8,000 million and €9,000 million per year. About four-fold higher values were obtained when using the logarithmic response function, while adjustment for productivity resulted in slightly lower total benefits. These calculations do not include the less tangible advantages of protecting brain development against neurotoxicity or any other adverse effects. Conclusions These estimates document that efforts to combat mercury pollution and to reduce MeHg exposures will have very substantial

Application of System Dynamics to Evaluate the Social and Economic Benefits of Infrastructure Projects

Directory of Open Access Journals (Sweden)

Tiep Nguyen

2017-03-01

Full Text Available Cost-Benefit Analysis (CBA is often employed to inform decision makers about the desirability of transport infrastructure investment options. One of the main limitations of traditional CBA approaches is that they do not provide a dynamic view that explicitly illustrates the cost and benefit relationships between component entities over time. This paper addresses this issue by describing a System Dynamics (SD approach that can perform transport infrastructure CBA through the application of systems thinking to develop a causal-loop model that can subsequently be operationalised into an executable stock-and-flow model. Execution of this model readily enables sensitivity analysis of infrastructure investment options and visualisation of the cost-benefit behaviour of each variant over time. The utility of the approach is illustrated through a case study, the Co Chien Bridge project in Vietnam, using a model that incorporates conventional economic metrics and factors that measure indirect project benefits, such as impact on gross domestic product, unemployment rate, and total taxes gained from affected economic sectors.

[Cost-effectiveness and cost-benefit analysis on strategy for preventing mother-to-child transmission of hepatitis B virus].

Science.gov (United States)

Cai, Y L; Zhang, S X; Yang, P C; Lin, Y

2016-06-01

Through cost-benefit analysis (CBA), cost-effectiveness analysis (CEA) and quantitative optimization analysis to understand the economic benefit and outcomes of strategy regarding preventing mother-to-child transmission (PMTCT) on hepatitis B virus. Based on the principle of Hepatitis B immunization decision analytic-Markov model, strategies on PMTCT and universal vaccination were compared. Related parameters of Shenzhen were introduced to the model, a birth cohort was set up as the study population in 2013. The net present value (NPV), benefit-cost ratio (BCR), incremental cost-effectiveness ratio (ICER) were calculated and the differences between CBA and CEA were compared. A decision tree was built as the decision analysis model for hepatitis B immunization. Three kinds of Markov models were used to simulate the outcomes after the implementation of vaccination program. The PMTCT strategy of Shenzhen showed a net-gain as 38 097.51 Yuan/per person in 2013, with BCR as 14.37. The universal vaccination strategy showed a net-gain as 37 083.03 Yuan/per person, with BCR as 12.07. Data showed that the PMTCT strategy was better than the universal vaccination one and would end with gaining more economic benefit. When comparing with the universal vaccination program, the PMTCT strategy would save 85 100.00 Yuan more on QALY gains for every person. The PMTCT strategy seemed more cost-effective compared with the one under universal vaccination program. In the CBA and CEA hepatitis B immunization programs, the immunization coverage rate and costs of hepatitis B related diseases were the most important influencing factors. Outcomes of joint-changes of all the parameters in CEA showed that PMTCT strategy was a more cost-effective. The PMTCT strategy gained more economic benefit and effects on health. However, the cost of PMTCT strategy was more than the universal vaccination program, thus it is important to pay attention to the process of PMTCT strategy and the universal

Childhood lead exposure in France: benefit estimation and partial cost-benefit analysis of lead hazard control

Directory of Open Access Journals (Sweden)

Zmirou-Navier Denis

2011-05-01

Full Text Available Abstract Background Lead exposure remains a public health concern due to its serious adverse effects, such as cognitive and behavioral impairment: children younger than six years of age being the most vulnerable population. In Europe, the lead-related economic impacts have not been examined in detail. We estimate the annual costs in France due to childhood exposure and, through a cost benefit analysis (CBA, aim to assess the expected social and economic benefits of exposure abatement. Methods Monetary benefits were assessed in terms of avoided national costs. We used results from a 2008 survey on blood-lead (B-Pb concentrations in French children aged one to six years old. Given the absence of a threshold concentration being established, we performed a sensitivity analysis assuming different hypothetical threshold values for toxicity above 15 μg/L, 24 μg/L and 100 μg/L. Adverse health outcomes of lead exposure were translated into social burden and economic costs based on literature data from literature. Direct health benefits, social benefits and intangible avoided costs were included. Costs of pollutant exposure control were partially estimated in regard to homes lead-based paint decontamination, investments aiming at reducing industrial lead emissions and removal of all lead drinking water pipes. Results The following overall annual benefits for the three hypothetical thresholds values in 2008 are: €22.72 billion, €10.72 billion and €0.44 billion, respectively. Costs from abatement ranged from €0.9 billion to 2.95 billion/year. Finally, from a partial CBA of lead control in soils and dust the estimates of total net benefits were € 3.78 billion, € 1.88 billion and €0.25 billion respectively for the three hypothesized B-Pb effect values. Conclusions Prevention of childhood lead exposure has a high social benefit, due to reduction of B-Pb concentrations to levels below 15 μg/L or 24 μg/L, respectively. Reducing only exposures

A multi-criteria decision analysis perspective on the health economic evaluation of medical interventions

NARCIS (Netherlands)

Postmus, Douwe; Tervonen, Tommi; van Valkenhoef, Gert; Hillege, Hans L.; Buskens, Erik

A standard practice in health economic evaluation is to monetize health effects by assuming a certain societal willingness-to-pay per unit of health gain. Although the resulting net monetary benefit (NMB) is easy to compute, the use of a single willingness-to-pay threshold assumes expressibility of

Optimization of Water Resources and Agricultural Activities for Economic Benefit in Colorado

Science.gov (United States)

LIM, J.; Lall, U.

2017-12-01

The limited water resources available for irrigation are a key constraint for the important agricultural sector of Colorado's economy. As climate change and groundwater depletion reshape these resources, it is essential to understand the economic potential of water resources under different agricultural production practices. This study uses a linear programming optimization at the county spatial scale and annual temporal scales to study the optimal allocation of water withdrawal and crop choices. The model, AWASH, reflects streamflow constraints between different extraction points, six field crops, and a distinct irrigation decision for maize and wheat. The optimized decision variables, under different environmental, social, economic, and physical constraints, provide long-term solutions for ground and surface water distribution and for land use decisions so that the state can generate the maximum net revenue. Colorado, one of the largest agricultural producers, is tested as a case study and the sensitivity on water price and on climate variability is explored.

Legislations and policies to expand mental health and substance abuse benefits in health insurance plans: a community guide systematic economic review.

Science.gov (United States)

Jacob, Verughese; Qu, Shuli; Chattopadhyay, Sajal; Sipe, Theresa Ann; Knopf, John A; Goetzel, Ron Z; Finnie, Ramona; Thota, Anilkrishna B

2015-03-01

Health insurance plans have historically limited the benefits for mental health and substance abuse (MH/SA) services compared to benefits for physical health services. In recent years, legislative and policy initiatives in the U.S. have been taken to expand MH/SA health insurance benefits and achieve parity with physical health benefits. The relevance of these legislations for international audiences is also explored, particularly for the European context. This paper reviews the evidence of costs and economic benefits of legislative or policy interventions to expand MH/SA health insurance benefits in the U.S. The objectives are to assess the economic value of the interventions by comparing societal cost to societal benefits, and to determine impact on costs to insurance plans resulting from expansion of these benefits. The search for economic evidence covered literature published from January 1950 to March 2011 and included evaluations of federal and state laws or rules that expanded MH/SA benefits as well as voluntary actions by large employers. Two economists screened and abstracted the economic evidence of MH/SA benefits legislation based on standard economic and actuarial concepts and methods. The economic review included 12 studies: eleven provided evidence on cost impact to health plans, and one estimated the effect on suicides. There was insufficient evidence to determine if the intervention was cost-effective or cost-saving. However, the evidence indicates that MH/SA benefits expansion did not lead to any substantial increase in costs to insurance plans, measured as a percentage of insurance premiums. This review is unable to determine the overall economic value of policies that expanded MH/SA insurance benefits due to lack of cost-effectiveness and cost-benefit studies, predominantly due to the lack of evaluations of morbidity and mortality outcomes. This may be remedied in time when long-term MH/SA patient-level data becomes available to researchers. A

The Pealization of the Most Economical and optimized Control System

Institute of Scientific and Technical Information of China (English)

WUBin

2002-01-01

In order to plow an access to low cost automation,the method to set up the most economical and optimized control system is studied.Such a system is achieved by adopting the field bus technologies based on net connection to form the hierarchical architecture and employing genetic algorithm to intelliently optimize the parameters of the topology structure at the field execution level and the parameters of a local controller,Praxios has proved that this realization can shorten the system development cycle,improve the systtem's reliability,and achieve conspicuous social economic benefits.

75 FR 78343 - Fisheries Off West Coast States; Pacific Coast Groundfish Fishery Management Plan; Amendments 20...

Science.gov (United States)

2010-12-15

... increase net economic benefits, create individual economic stability, provide full utilization of the trawl... economic benefits and create individual economic stability. Response. Start dates for the Pacific whiting... net economic benefits, create economic stability, provide full utilization of the trawl sector...

US major crops’ uncertain climate change risks and greenhouse gas mitigation benefits

International Nuclear Information System (INIS)

Wing, Ian Sue; Monier, Erwan; Stern, Ari; Mundra, Anupriya

2015-01-01

We estimate the costs of climate change to US agriculture, and associated potential benefits of abating greenhouse gas emissions. Five major crops’ yield responses to climatic variation are modeled empirically, and the results combined with climate projections for a no-policy, high-warming future, as well as moderate and stringent mitigation scenarios. Unabated warming reduces yields of wheat and soybeans by 2050, and cotton by 2100, but moderate warming increases yields of all crops except wheat. Yield changes are monetized using the results of economic simulations within an integrated climate-economy modeling framework. Uncontrolled warming’s economic effects on major crops are slightly positive—annual benefits <$4 B. These are amplified by emission reductions, but subject to diminishing returns—by 2100 reaching $17 B under moderate mitigation, but only $7 B with stringent mitigation. Costs and benefits are sensitive to irreducible uncertainty about the fertilization effects of elevated atmospheric carbon dioxide, without which unabated warming incurs net costs of up to $18 B, generating benefits to moderate (stringent) mitigation as large as $26 B ($20 B). (letter)

Solar energy's economic and social benefits

International Nuclear Information System (INIS)

Scheer, H.

1995-01-01

There are numerous indications that solar energy is far more than a mere stopgap measure to escape from the present environmental crisis. These include the natural as well as the developed, and still developing, technological potential of solar energy; the vast opportunities offered by abandoning destructive energy sources; and, not least, the new industrial perspectives arising from the conversion of our energy system. In addition to the environmental benefits, solar energy will bring about major economic and social gains. The creation of a solar energy system offers an unexpected and unique chance to release industrial society from the harmful consequences of the Industrial Revolution and to make available its positive accomplishments - particularly the social, democratic and cultural opportunities made possible by freeing mankind from slave labour - to all of mankind. Destruction of the environment is the greatest danger for industrialized societies pursuing economic growth, but it is not the only one. The Western high culture of welfare states is evidently a thing of the past. Created by the pressure of social movements that emerged in the Industrial Revolution, they stabilized capitalism by making it more responsive to the social needs in its strongholds. But both old and new contradictions, as well as the growth of welfare costs, lead to the conclusion that the future of the industrial system is increasingly seen only in terms of jettisoning its social obligations. Political democracy will then once more be in danger. Modern history is unable to provide an example of a stable democracy based on permanent mass misery

The economic benefits of reducing physical inactivity: an Australian example.

Science.gov (United States)

Cadilhac, Dominique A; Cumming, Toby B; Sheppard, Lauren; Pearce, Dora C; Carter, Rob; Magnus, Anne

2011-09-24

Physical inactivity has major impacts on health and productivity. Our aim was to estimate the health and economic benefits of reducing the prevalence of physical inactivity in the 2008 Australian adult population. The economic benefits were estimated as 'opportunity cost savings', which represent resources utilized in the treatment of preventable disease that are potentially available for re-direction to another purpose from fewer incident cases of disease occurring in communities. Simulation models were developed to show the effect of a 10% feasible, reduction target for physical inactivity from current Australian levels (70%). Lifetime cohort health benefits were estimated as fewer incident cases of inactivity-related diseases; deaths; and Disability Adjusted Life Years (DALYs) by age and sex. Opportunity costs were estimated as health sector cost impacts, as well as paid and unpaid production gains and leisure impacts from fewer disease events associated with reduced physical inactivity. Workforce production gains were estimated by comparing surveyed participation and absenteeism rates of physically active and inactive adults, and valued using the friction cost approach. The impact of an improvement in health status on unpaid household production and leisure time were modeled from time use survey data, as applied to the exposed and non-exposed population subgroups and valued by suitable proxy. Potential costs associated with interventions to increase physical activity were not included. Multivariable uncertainty analyses and univariate sensitivity analyses were undertaken to provide information on the strength of the conclusions. A 10% reduction in physical inactivity would result in 6,000 fewer incident cases of disease, 2,000 fewer deaths, 25,000 fewer DALYs and provide gains in working days (114,000), days of home-based production (180,000) while conferring a AUD96 million reduction in health sector costs. Lifetime potential opportunity cost savings in

Comparisons of system benefits and thermo-economics for exhaust energy recovery applied on a heavy-duty diesel engine and a light-duty vehicle gasoline engine

International Nuclear Information System (INIS)

Wang, Tianyou; Zhang, Yajun; Zhang, Jie; Peng, Zhijun; Shu, Gequn

2014-01-01

Highlights: • Comparisons of exhaust energy recovery are launched between two types of engine. • System performances are analyzed in terms of benefits and thermo-economics. • Diesel engine system presents superior to gasoline type in economic applicability. • Only diesel engine system using water under full load meets the economic demand. - Abstract: Exhaust energy recovery system (EERS) based on Rankine cycle (RC) in internal combustion engines have been studied mainly on heavy-duty diesel engines (D) and light-duty vehicle gasoline engines (G), however, little information available on systematical comparisons and evaluations between the two applications, which is a particularly necessary summary for clarifying the differences. In this paper, the two particular systems are compared quantitatively using water, R141b, R123 and R245fa as working fluids. The influences of evaporating pressure, engine type and load on the system performances are analyzed with multi-objectives, including the thermal efficiency improvement, the reduced CO 2 emission, the total heat transfer area per net power output (APP), the electricity production cost (EPC) and the payback period (PBP). The results reveal that higher pressure and engine load would be attractive for better performances. R141b shows the best performances in system benefits for the D-EERS, while water exhibits the largest contributions in the G-EERS. Besides, water performs the best thermo-economics, and R245fa serves as the most uneconomical fluid. The D-EERS presents superior to the G-EERS in the economic applicability as well as much more CO 2 emission reductions, although with slightly lower thermal efficiency improvement, and only the D-EERS with water under the full load meets the economic demand. Therefore the EERS based on RC serve more applicable on the heavy-duty diesel engine, while it might be feasible for the light-duty vehicle gasoline engine as the state-of-the art technologies are developed in the

Net oil exports embodied in China's international trade: An input–output analysis

International Nuclear Information System (INIS)

Tang, Xu; Zhang, Baosheng; Feng, Lianyong; Snowden, Simon; Höök, Mikael

2012-01-01

As the world's second largest oil importer, China has been one of the important factors which affect the global oil market. In recent years, China has attained great international trade surplus through exporting a large number of “Made in China” products even during the global economic crisis. Due to direct and indirect effects in production chain, each 'Made in China' product contains oil directly or indirectly. China is exporting much oil through “Made in China” products, which is not often considered even within China. An input–output model is established to calculate oil embodied in the international trade of China. The research results suggest the following: China's net oil exports embodied in the international trade were 87.02 million tonnes in 2007; manufacture of communication equipment, computers and other electronic equipment is the largest sector to export embodied oil; United States, China Hong Kong SAR and Netherlands are the top three countries and regions which benefit most from the embodied oil in “Made in China” products. China's adjusted degree of dependence on foreign oil is 24.9% in 2007, and 38.4% in 2011 if net oil exports embodied in international trade are considered. -- Highlights: ► Model is established based on IO analysis to calculate the net oil exports embodied in China's international trade. ► China's net oil exports through “Made in China” products are 87 million tones in 2007. ► United States, China Hong Kong SAR and Netherlands benefit most from the embodied oil in China's international trade. ► China's degree of dependence on foreign oil can be reduced obviously if oil embodied in international trade are considered.

Economic Evaluation of the Juvenile Drug Court/Reclaiming Futures (JDC/RF) Model.

Science.gov (United States)

McCollister, Kathryn; Baumer, Pamela; Davis, Monica; Greene, Alison; Stevens, Sally; Dennis, Michael

2018-07-01

Juvenile drug court (JDC) programs are an increasingly popular option for rehabilitating juvenile offenders with substance problems, but research has found inconsistent evidence regarding their effectiveness and economic impact. While assessing client outcomes such as reduced substance use and delinquency is necessary to gauge program effectiveness, a more comprehensive understanding of program success and sustainability can be attained by examining program costs and economic benefits. As part of the National Cross-Site Evaluation of JDC and Reclaiming Futures (RF), an economic analysis of five JDC/RF programs was conducted from a multisystem and multiagency perspective. The study highlights the direct and indirect costs of JDC/RF and the savings generated from reduced health problems, illegal activity, and missed school days. Results include the average (per participant) cost of JDC/RF, the total economic benefits per JDC/RF participant, and the net savings of JDC/RF relative to standard JDC.

Economic impact analysis for global warming: Sensitivity analysis for cost and benefit estimates

International Nuclear Information System (INIS)

Ierland, E.C. van; Derksen, L.

1994-01-01

Proper policies for the prevention or mitigation of the effects of global warming require profound analysis of the costs and benefits of alternative policy strategies. Given the uncertainty about the scientific aspects of the process of global warming, in this paper a sensitivity analysis for the impact of various estimates of costs and benefits of greenhouse gas reduction strategies is carried out to analyze the potential social and economic impacts of climate change

Inequalities in purchase of mosquito nets and willingness to pay for insecticide-treated nets in Nigeria: Challenges for malaria control interventions

Directory of Open Access Journals (Sweden)

Hanson Kara

2004-03-01

Full Text Available Abstract Objective To explore the equity implications of insecticide-treated nets (ITN distribution programmes that are based on user charges. Methods A questionnaire was used to collect information on previous purchase of untreated nets and hypothetical willingness to pay (WTP for ITNs from a random sample of householders. A second survey was conducted one month later to collect information on actual purchases of ITNs. An economic status index was used for characterizing inequity. Major findings The lower economic status quintiles were less likely to have previously purchased untreated nets and also had a lower hypothetical and actual WTP for ITNs. Conclusion ITN distribution programmes need to take account of the diversity in WTP for ITNs if they are to ensure equity in access to the nets. This could form part of the overall poverty reduction strategy.

Business Case for Energy Efficiency in Support of Climate Change Mitigation, Economic and Societal Benefits in India

Energy Technology Data Exchange (ETDEWEB)

McNeil, Michael A.; Ke, Jing; Can, Stephane de la Rue du; Letschert, Virginie E.; McMahon, James E.

2011-12-02

This study seeks to provide policymakers and other stakeholders with actionable information towards a road map for reducing energy consumption cost-effectively. We focus on individual end use equipment types (hereafter referred to as appliance groups) that might be the subject of policies - such as labels, energy performance standards, and incentives - to affect market transformation in the short term, and on high-efficiency technology options that are available today. the high efficiency or Business Case scenario is constructed around a model of cost-effective efficiency improvement. Our analysis demonstrates that a significant reduction in energy consumption and emissions is achievable at net negative cost, that is, as a profitable investment for consumers. Net savings are calculated assuming no additional costs to energy consumption such as carbon taxes. Savings relative to the base case as calculated in this way is often referred to as “economic savings potential”. So far, the Indian market has responded favorably to government efficiency initiatives, with Indian manufacturers producing a higher fraction of high-efficiency equipment than before program implementation. This study highlights both the financial benefit and the scope of potential impact for adopting this equipment, all of which is already readily available on the market. The approach of the study is to assess the impact of short-term actions on long-term impacts. “Short-term” market transformation is assumed to occur by 2015, while “long-term” energy demand reduction impacts are assessed in 2030. In the intervening years, most but not all of the equipment studied will turn over completely. The Business Case concentrates on technologies for which cost-effectiveness can be clearly demonstrated.

[Evaluation on the eco-economic benefits of small watershed in Beijing mountainous area: a case of Yanqi River watershed].

Science.gov (United States)

Xiao, Hui-Jie; Wei, Zi-Gang; Wang, Qing; Zhu, Xiao-Bo

2012-12-01

Based on the theory of harmonious development of ecological economy, a total of 13 evaluation indices were selected from the ecological, economic, and social sub-systems of Yanqi River watershed in Huairou District of Beijing. The selected evaluation indices were normalized by using trapezoid functions, and the weights of the evaluation indices were determined by analytic hierarchy process. Then, the eco-economic benefits of the watershed were evaluated with weighted composite index method. From 2004 to 2011, the ecological, economic, and social benefits of Yanqi River watershed all had somewhat increase, among which, ecological benefit increased most, with the value changed from 0.210 in 2004 to 0.255 in 2011 and an increment of 21.5%. The eco-economic benefits of the watershed increased from 0.734 in 2004 to 0.840 in 2011, with an increment of 14.2%. At present, the watershed reached the stage of advanced ecosystem, being in beneficial circulation and harmonious development of ecology, economy, and society.

The economic benefits resulting from the first 8 years of the Global Programme to Eliminate Lymphatic Filariasis (2000-2007.

Directory of Open Access Journals (Sweden)

Brian K Chu

2010-06-01

Full Text Available Between 2000-2007, the Global Programme to Eliminate Lymphatic Filariasis (GPELF delivered more than 1.9 billion treatments to nearly 600 million individuals via annual mass drug administration (MDA of anti-filarial drugs (albendazole, ivermectin, diethylcarbamazine to all at-risk for 4-6 years. Quantifying the resulting economic benefits of this significant achievement is important not only to justify the resources invested in the GPELF but also to more fully understand the Programme's overall impact on some of the poorest endemic populations.To calculate the economic benefits, the number of clinical manifestations averted was first quantified and the savings associated with this disease prevention then analyzed in the context of direct treatment costs, indirect costs of lost-labor, and costs to the health system to care for affected individuals. Multiple data sources were reviewed, including published literature and databases from the World Health Organization, International Monetary Fund, and International Labour OrganizationAn estimated US$21.8 billion of direct economic benefits will be gained over the lifetime of 31.4 million individuals treated during the first 8 years of the GPELF. Of this total, over US$2.3 billion is realized by the protection of nearly 3 million newborns and other individuals from acquiring lymphatic filariasis as a result of their being born into areas freed of LF transmission. Similarly, more than 28 million individuals already infected with LF benefit from GPELF's halting the progression of their disease, which results in an associated lifetime economic benefit of approximately US$19.5 billion. In addition to these economic benefits to at-risk individuals, decreased patient services associated with reduced LF morbidity saves the health systems of endemic countries approximately US$2.2 billion.MDA for LF offers significant economic benefits. Moreover, with favorable program implementation costs (largely a result of

Insecticide-treated nets mass distribution campaign: benefits and lessons in Zambia.

Science.gov (United States)

Masaninga, Freddie; Mukumbuta, Nawa; Ndhlovu, Ketty; Hamainza, Busiku; Wamulume, Pauline; Chanda, Emmanuel; Banda, John; Mwanza-Ingwe, Mercy; Miller, John M; Ameneshewa, Birkinesh; Mnzava, Abraham; Kawesha-Chizema, Elizabeth

2018-04-24

Zambia was an early adopter of insecticide-treated nets strategy in 2001, and policy for mass distribution with long-lasting insecticidal nets (LLINs) in 2005. Since then, the country has implemented mass distribution supplemented with routine delivery through antenatal care and under five clinics in health facilities. The national targets of universal (100%) coverage and 80% utilization of LLINs have not been attained. Free mass LLIN distribution campaign in Zambia offers important lessons to inform future campaigns in the African region. This study reviewed LLIN free mass distribution campaign information derived from Zambia's national and World Health Organization Global Malaria Programme annual reports and strategic plans published between 2001 and 2016. In 2014, a nationwide mass distribution campaign in Zambia delivered all the 6.0 million LLINs in 6 out of 10 provinces in 4 months between June and September before the onset of the rainy season. Compared with 235,800 LLINs and 2.9 million LLINs distributed on a rolling basis in 2008 and 2013, respectively, the 2014 mass campaign, which distributed 6 million LLINs represented the largest one-time-nationwide LLIN distribution in Zambia. The province (Luapula) with highest malaria transmission, mostly with rural settings recorded 98-100% sleeping spaces in homes covered with LLINs. The percentage of households owning at least 1 LLIN increased from 50.9% in 2006 to 77.7% in 2015. The 2014 mass campaign involved a coordinated response with substantial investments into macro (central) and micro (district) level planning, capacity building, tracking and logistics management supported by a new non-health sector partnership landscape. Coordination of LLIN distribution and logistics benefited from the mobile phone technology to transmit "real time" data on commodity tracking that facilitated timely delivery to districts. Free mass distribution of LLINs policy was adopted in 2005 in Zambia. Consistently implemented

Game Theory .net.

Science.gov (United States)

Shor, Mikhael

2003-01-01

States making game theory relevant and accessible to students is challenging. Describes the primary goal of GameTheory.net is to provide interactive teaching tools. Indicates the site strives to unite educators from economics, political and computer science, and ecology by providing a repository of lecture notes and tests for courses using…

The recent and projected public health and economic benefits of cigarette taxation in Greece.

Science.gov (United States)

Alpert, Hillel R; Vardavas, Constantine I; Chaloupka, Frank J; Vozikis, Athanassios; Athanasakis, Konstantinos; Kyriopoulos, Ioannis; Bertic, Monique; Behrakis, Panagiotis K; Connolly, Gregory N

2014-09-01

Greece is in an economic crisis compounded by the costs caused by smoking. The present investigation estimates the economic and public health benefits ensuing from the recent cigarette excise tax increase in 2011 and projects the potential benefits from an additional €2.00 per pack cigarette tax increase. The effects of the recent cigarette excise tax increase were calculated on outcome measures: total price per pack, including specific excise, ad valorem tax, and value-added tax consumption; tax revenue; and per capita consumption of cigarettes. Additionally, smoking-attributable mortality, years of potential life lost, and productivity losses were estimated. Projected effects of an additional €2.00 per pack tax increase on consumption and tax revenue were also assessed. The cigarette excise tax increase in 2011 created €558 million in new tax revenue. Cigarette consumption reached a recent low of 24.9 billion sticks sold or 2197 sticks per person in 2011, indicating a 16% decrease in per capita cigarette consumption from the previous year. An additional €2.00 per pack increase in Greek cigarette taxes is projected to result in reduced cigarette sales by an additional 20% and lead to an increase in total cigarette tax revenues by nearly €1.2 billion and the prevention of 192,000 premature deaths. Nations such as Greece, should employ taxation as a crucial measure to promote public health and economic development in such dire times. International economic organisations should aggressively pursue programmes and policies that champion the economic benefits of tobacco taxation. Published by the BMJ Publishing Group Limited. For permission to use (where not already granted under a licence) please go to http://group.bmj.com/group/rights-licensing/permissions.

Optimization of catalyst system reaps economic benefits

International Nuclear Information System (INIS)

Le Roy, C.F.; Hanshaw, M.J.; Fischer, S.M.; Malik, T.; Kooiman, R.R.

1991-01-01

Champlin Refining and Chemicals Inc. is learning to optimize its catalyst systems for hydrotreating Venezuelan gas oils through a program of research, pilot plant testing, and commercial unit operation. The economic results of this project have been evaluated, and the benefits are most evident in improvements in product yields and qualities. The project has involved six commercial test runs, to date (Runs 10-15), with a seventh run planned. A summary of the different types of catalyst systems used in the test runs, and the catalyst philosophy that developed is given. Runs 10 and 11 used standard CoMo and NiMo catalysts for heavy gas oils hydrotreating. These catalysts had small pore sizes and suffered high deactivation rates because of metals contamination. When it was discovered that metals contamination was a problem, catalyst options were reviewed

Estimating economic losses to tourism in Africa from the illegal killing of elephants

Science.gov (United States)

Naidoo, Robin; Fisher, Brendan; Manica, Andrea; Balmford, Andrew

2016-11-01

Recent surveys suggest tens of thousands of elephants are being poached annually across Africa, putting the two species at risk across much of their range. Although the financial motivations for ivory poaching are clear, the economic benefits of elephant conservation are poorly understood. We use Bayesian statistical modelling of tourist visits to protected areas, to quantify the lost economic benefits that poached elephants would have delivered to African countries via tourism. Our results show these figures are substantial (~USD $25 million annually), and that the lost benefits exceed the anti-poaching costs necessary to stop elephant declines across the continent's savannah areas, although not currently in the forests of central Africa. Furthermore, elephant conservation in savannah protected areas has net positive economic returns comparable to investments in sectors such as education and infrastructure. Even from a tourism perspective alone, increased elephant conservation is therefore a wise investment by governments in these regions.

Air quality co-benefits of carbon pricing in China

Science.gov (United States)

Li, Mingwei; Zhang, Da; Li, Chiao-Ting; Mulvaney, Kathleen M.; Selin, Noelle E.; Karplus, Valerie J.

2018-05-01

Climate policies targeting energy-related CO2 emissions, which act on a global scale over long time horizons, can result in localized, near-term reductions in both air pollution and adverse human health impacts. Focusing on China, the largest energy-using and CO2-emitting nation, we develop a cross-scale modelling approach to quantify these air quality co-benefits, and compare them to the economic costs of climate policy. We simulate the effects of an illustrative climate policy, a price on CO2 emissions. In a policy scenario consistent with China's recent pledge to reach a peak in CO2 emissions by 2030, we project that national health co-benefits from improved air quality would partially or fully offset policy costs depending on chosen health valuation. Net health co-benefits are found to rise with increasing policy stringency.

A comparison of benefit and economic value between two sound therapy tinnitus management options.

Science.gov (United States)

Newman, Craig W; Sandridge, Sharon A

2012-02-01

Sound therapy coupled with appropriate counseling has gained widespread acceptance in the audiological management of tinnitus. For many years, ear level sound generators (SGs) have been used to provide masking relief and to promote tinnitus habituation. More recently, an alternative treatment device was introduced, the Neuromonics Tinnitus Treatment (NTT), which employs spectrally-modified music in an acoustic desensitization approach in order to help patients overcome the disturbing consequences of tinnitus. It is unknown, however, if one treatment plan is more efficacious and cost-effective in comparison to the other. In today's economic climate, it has become critical that clinicians justify the value of tinnitus treatment devices in relation to observed benefit. To determine perceived benefit from, and economic value associated with, two forms of sound therapy, namely, SGs and NTT. Retrospective between-subject clinical study. A sample of convenience comprised of 56 patients drawn from the Tinnitus Management Clinic at the Cleveland Clinic participated. Twenty-three patients selected SGs, and 33 patients selected NTT as their preferred sound therapy treatment option. Sound therapy benefit was quantified using the Tinnitus Handicap Inventory (THI). The questionnaire was administered before and 6 mo after initiation of tinnitus treatment. Prior to device fitting, all patients participated in a 1.5 hr group education session about tinnitus and its management. Economic value comparisons between sound therapy options were made using a cost-effectiveness analysis (CEA) and cost-utility analysis (CUA). THI scores indicated a significant improvement (p 0.05) between the treatment alternatives at baseline or 6 mo postfitting. The magnitude of improvement for both SGs and NTT was dependent on initial perceived tinnitus handicap. Based on the CEA and CUA economic analyses alone, it appears that the SGs may be the more cost-effective alternative; however, the magnitude of

The behavioral economics of violence.

Science.gov (United States)

Rachlin, Howard

2004-12-01

From the viewpoint of teleological behaviorism the first question to ask in attempting to understand any behavior, including violent behavior, is: What are its contingencies of reward and punishment? Or, to put the question in economic terms: What are the short-term and long-term costs and benefits that such behavior entails? Let us therefore consider the costs and benefits of youth violence. Among the short-term costs of violent behavior are the physical effort of the act, the possibility of immediate physical retaliation, immediate social disapproval, and the opportunity cost of other social acts that the violent behavior takes the place of (you can't be affectionate and violent at the same time, for instance). Among the immediate benefits of violent behavior are the intrinsic satisfaction of the violent act itself and any extrinsic benefit; if A violently appropriates B's new sneakers then obtaining the sneakers reinforces A's violence. These immediate benefits may well outweigh the costs in many contexts. Among the long-term costs of violent behavior are delayed retaliation, possible social disapproval and loss of social support, rejection from a social group, job loss, and health risks associated with a violent lifestyle. Among the long-term benefits are long-term intimidation of others (your neighbor is less likely to build a fence on your property if you have a reputation for violence), and a possibly exciting lifestyle. These long-term benefits may well be outweighed by the long-term costs. Opposition of long-term net costs to short-term net benefits, where it exists, creates a personal self-control trap: Overall satisfaction may decrease monotonically with rate of the target behavior but, regardless of its rate, the immediate satisfaction of doing it is always higher than that of not doing it. In the case of violent behavior, this trap is exacerbated by the fact that as a person's violence increases, net immediate reinforcement also increases (due to

The Economic Benefits of Space Tourism

Science.gov (United States)

Collins, P.

The recent growth of activities towards developing passenger space travel services is very promising; however there is a widespread but mistaken idea that space tourism will remain a small-scale activity of the very wealthy. The truth is that, having been delayed for over three decades by government space agencies' failure to develop more than a small fraction of the commercial potential of space, the start of space travel services is long overdue, and so they are capable of growing rapidly into a major new industry. That is, the technical and business know-how exists to enable space tourism to grow to a turnover of 100 billion Euros/year within a few decades if it receives public support of even 10% of space agencies budgets. This development would sharply reduce the cost of accessing the resources of space, which could prevent the spread of the “resource wars” which have begun so ominously. No activity therefore offers greater economic benefits than the rapid development of low-cost space tourism services. A range of government policies should be revised to reflect this.

Cast net design characteristics, catch composition and selectivity in ...

African Journals Online (AJOL)

STORAGESEVER

2008-06-17

Jun 17, 2008 ... Key words: Cast net, selectivity, burst speed, hanging ratio. INTRODUCTION .... financial analysis for the cast net operation was examined to know the economics ..... M.Sc. dissertation in Fisheries, University of. Lagos, Nigeria ...

Analysis of Potential Benefits and Costs of Adopting ASHRAE Standard 90.1-1999 as a Commercial Building Energy Code in Michigan

Energy Technology Data Exchange (ETDEWEB)

Cort, Katherine A.; Belzer, David B.; Halverson, Mark A.; Richman, Eric E.; Winiarski, David W.

2002-09-30

The state of Michigan is considering adpoting ASHRAE 90.1-1999 as its commercial building energy code. In an effort to evaluate whether or not this is an appropraite code for the state, the potential benefits and costs of adopting this standard are considered. Both qualitative and quantitative benefits are assessed. The energy simulation and economic results suggest that adopting ASHRAE 90.1-1999 would provide postitive net benefits to the state relative to the building and design requirements currently in place.

ECONOMIC BENEFITS OF DEVELOPING INTERMODAL TRANSPORT IN THE EUROPEAN UNION

Directory of Open Access Journals (Sweden)

Crisan Radu

2012-12-01

Full Text Available Transport plays a crucial role in economic and social development and its contribution goes beyond what is normally captured in traditional cost-benefit analyses. Transportation investments can have large long-term economic, social and environmental impacts. The European Commission when developing transport policy, focuses on the intermodal transport, which is seen as a sustainable mobility solution, environmentally friendly and efficient in terms of resources, especially in terms of freight. European transport policies promote co-modality - combining different modes for a single supply chain - as a solution to the adverse effects of transport: pollution, traffic congestion, energy consumption. Intermodal transport is found to be consistently cheaper than all-road solutions, and its external costs significantly lower, thereby confirming the high potential of intermodal transport in increasing the sustainability of the transport sector. So, freight intermodality is increasingly considered as major potential contributor to solving the sustainability problems of the European transport sector. This paper addresses the pricing issues specifically related to intermodal transport. The focus in on the main economical advantages of developing intermodal transport, but also on the usage limits brought by particularities of transport modes. Special attention is given to intermodal transfer terminals with solutions for activity efficiency increase, with major implications on the quality and cost of transportation. The theme discussed in this paper is of great importance, many authors and specialists developed it in their studies. Some names are needed to be mentioned: Todd Litman, Dr. Yuri V. Yevdokimov, John J. Coyle, Kenneth D. Boyer and few more. But, a special attention for this subject is paid by the European Commission and its subordinated institutions, that are interested in developing sustainable strategies and promoting concrete solutions for

Socio-economic effects and benefits of biofuels in power and heat generation

International Nuclear Information System (INIS)

Turkki, J.

1999-10-01

This report studies the socioeconomic effects and benefits of domestic fuels - peat and wood and agricultural energy plants also - in power and heat generation. For evaluation of the employment and income effects, it compares the costs of domestic as well as imported fuels as regards to production, transportation and power stations by looking especially at the direct labour input and inputs in terms of intermediate products and investment. Their indirect employment effects and allocation to domestic factor income and imports are introduced by means of an input-output model. The net changes in the disposable incomes of local households, firms and municipalities, the government and other are derived from factor incomes by means of income redistribution. If in heat generation 15 MW oil heating plant is replaced by a peat heating plant, the annual local employment increases by 8 man years. If the fuel used is wood, employment increases by 9 man-years. The disposable income of the local economy rises annually about FIM 0,8 million with the peat alternative and FIM 0,9 million with the wood alternative. Although with the domestic fuel alternatives the income tax revenue grows and the unemployment security payments decrease, the loss of the high fuel taxes collected on oil means however, that the government is netloser by FIM 0,8-1,4 million annually. The total annual import bill decreases both with peat and wood by FIM 2,5 million respectively. Calculated by a small-sized 3/9 MW cogeneration station, which in heat generation replaces oil heating plants and in power generation replaces coal condensation power, the annual local employment effect is 11 man-years with peat and 12 with food fuel. The local economy gain an annual net income of FIM 0,8-0,9 million. The net increase of the government is FIM 0,1 million annually. With the wood alternative the government is a net looser by FIM 0,2 million. The annual import bill decreases by FIM 2,3-2,5 million. (orig.)

A case study of utility PV economics

International Nuclear Information System (INIS)

Wenger, H.; Hoff, T.; Osborn, D.E.

1997-01-01

This paper presents selected results from a detailed study of grid-connected photovoltaic (PV) applications within the service area of the Sacramento Municipal Utility District. The intent is to better understand the economics and markets for grid-connected PV systems in a utility setting. Research results include: Benefits calculations for utility-owned PV systems at transmission and distribution voltages; How the QuickScreen software package can help utilities investigate the viability of distributed PV; Energy production and capacity credit estimates for fixed and tracking PV systems; Economics and rate impacts of net metering residential PV systems; Market potential estimates for residential rooftop PV systems; and Viability and timing of grid-connected PV commercialization paths

The economic benefits of malaria elimination: do they include increases in tourism?

Science.gov (United States)

Modrek, Sepideh; Liu, Jenny; Gosling, Roland; Feachem, Richard G A

2012-07-28

Policy makers have speculated that one of the economic benefits of malaria elimination includes increases in foreign direct investment, particularly tourism. This study examines the empirical relationship between the demand for travel and malaria cases in two countries with large tourism industries around the time in which they carried out malaria-elimination campaigns. In Mauritius, this analysis examines historical, yearly tourist arrivals and malaria cases from 1978-1999, accounting for the background secular trend of increasing international travel. In Dominican Republic, a country embarking upon malaria elimination, it employs a time-series analysis of the monthly, international tourist arrivals from 1998-2010 to determine whether the timing of significant deviations in tourist arrivals coincides with malaria outbreaks. While naïve relationships exist in both cases, the results show that the relationships between tourist arrivals and malaria cases are relatively weak and statistically insignificant once secular confounders are accounted for. This suggests that any economic benefits from tourism that may be derived from actively pursuing elimination in countries that have high tourism potential are likely to be small when measured at a national level. Rather, tourism benefits are likely to be experienced with greater impact in more concentrated tourist areas within countries, and future studies should seek to assess these relationships at a regional or local level.

The economic benefits of reducing physical inactivity: an Australian example

Directory of Open Access Journals (Sweden)

Cumming Toby B

2011-09-01

Full Text Available Abstract Background Physical inactivity has major impacts on health and productivity. Our aim was to estimate the health and economic benefits of reducing the prevalence of physical inactivity in the 2008 Australian adult population. The economic benefits were estimated as 'opportunity cost savings', which represent resources utilized in the treatment of preventable disease that are potentially available for re-direction to another purpose from fewer incident cases of disease occurring in communities. Methods Simulation models were developed to show the effect of a 10% feasible, reduction target for physical inactivity from current Australian levels (70%. Lifetime cohort health benefits were estimated as fewer incident cases of inactivity-related diseases; deaths; and Disability Adjusted Life Years (DALYs by age and sex. Opportunity costs were estimated as health sector cost impacts, as well as paid and unpaid production gains and leisure impacts from fewer disease events associated with reduced physical inactivity. Workforce production gains were estimated by comparing surveyed participation and absenteeism rates of physically active and inactive adults, and valued using the friction cost approach. The impact of an improvement in health status on unpaid household production and leisure time were modeled from time use survey data, as applied to the exposed and non-exposed population subgroups and valued by suitable proxy. Potential costs associated with interventions to increase physical activity were not included. Multivariable uncertainty analyses and univariate sensitivity analyses were undertaken to provide information on the strength of the conclusions. Results A 10% reduction in physical inactivity would result in 6,000 fewer incident cases of disease, 2,000 fewer deaths, 25,000 fewer DALYs and provide gains in working days (114,000, days of home-based production (180,000 while conferring a AUD96 million reduction in health sector costs

A Framework for Benefit-Cost Analysis of Adaptation to Climate Change and Climate Variability

International Nuclear Information System (INIS)

Leary, N.A.

1999-01-01

The potential damages of climate change and climate variability are dependent upon the responses or adaptations that people make to their changing environment. By adapting the management of resources, the mix and methods of producing goods and services, choices of leisure activities, and other behavior, people can lessen the damages that would otherwise result. A framework for assessing the benefits and costs of adaptation to both climate change and climate variability is described in the paper. The framework is also suitable for evaluating the economic welfare effects of climate change, allowing for autonomous adaptation by private agents. The paper also briefly addresses complications introduced by uncertainty regarding the benefits of adaptation and irreversibility of investments in adaptation. When investment costs are irreversible and there is uncertainty about benefits, the usual net present value criterion for evaluating the investment gives the wrong decision. If delaying an adaptation project is possible, and if delay will permit learning about future benefits of adaptation, it may be preferable to delay the project even if the expected net present value is positive. Implications of this result for adaptation policy are discussed in the paper. 11 refs

Net Income of Pharmacy Faculty Compared to Community and Hospital Pharmacists.

Science.gov (United States)

Chisholm-Burns, Marie A; Gatwood, Justin; Spivey, Christina A; Dickey, Susan E

2016-09-25

Objective. To compare the net cumulative income of community pharmacists, hospital pharmacists, and full-time pharmacy faculty members (residency-trained or with a PhD after obtaining a PharmD) in pharmacy practice, medicinal chemistry, pharmaceutics, pharmacology, and social and administrative sciences. Methods. Markov modeling was conducted to calculate net projected cumulative earnings of career paths by estimating the costs of education, including the costs of obtaining degrees and student loans. Results. The economic model spanned 49 years, from ages 18 to 67 years. Earning a PharmD and pursuing an academic career resulted in projected net cumulative lifetime earnings ranging from approximately $4.7 million to $6.3 million. A pharmacy practice faculty position following public pharmacy school and one year of residency resulted in higher net cumulative income than community pharmacy. Faculty members with postgraduate year 1 (PGY1) training also had higher net income than other faculty and hospital pharmacy career paths, given similar years of prepharmacy education and type of pharmacy school attended. Faculty members with either a PharmD or PhD in the pharmacology discipline may net as much as $5.9 million and outpace all other PhD graduates by at least $75 000 in lifetime earnings. Projected career earnings of postgraduate year 2 (PGY2) trained faculty and PharmD/PhD faculty members were lower than those of community pharmacists. Findings were more variable when comparing pharmacy faculty members and hospital pharmacists. Conclusion. With the exception of PGY1 trained academic pharmacists, faculty projected net cumulative incomes generally lagged behind community pharmacists, likely because of delayed entry into the job market as a result of advanced training/education. However, nonsalary benefits such as greater flexibility and autonomy may enhance the desirability of academic pharmacy as a career path.

Decision making for economic development; A case study of peat and selective alternative energy developments on the island of Newfoundland

Energy Technology Data Exchange (ETDEWEB)

Rodgers, B. (Dept. of Mines and Energy, St. John' s, NF (Canada))

1994-02-01

This paper highlights the essential issues and concepts that must be understood and addressed in the performance of sound economic decision making in peat production. The desired result is the identification of a practical, yet thorough, approach to economic analysis. The paper's highlights are summarized by the following nine recommendations: clearly determine the objective; clearly determine the perspective; identify project owners; consider all relevant benefits and all relevant costs; focus on net benefits; consider the opportunity cost of alternative opportunities; take care to avoid double counting; understand and evaluate the relevant risks and recognize that economic success requires global competitiveness. 4 figs., 5 tabs.

Cost-Benefit Analysis for the Advanced Near Net Shape Technology (ANNST) Method for Fabricating Stiffened Cylinders

Science.gov (United States)

Ivanco, Marie L.; Domack, Marcia S.; Stoner, Mary Cecilia; Hehir, Austin R.

2016-01-01

Low Technology Readiness Levels (TRLs) and high levels of uncertainty make it challenging to develop cost estimates of new technologies in the R&D phase. It is however essential for NASA to understand the costs and benefits associated with novel concepts, in order to prioritize research investments and evaluate the potential for technology transfer and commercialization. This paper proposes a framework to perform a cost-benefit analysis of a technology in the R&D phase. This framework was developed and used to assess the Advanced Near Net Shape Technology (ANNST) manufacturing process for fabricating integrally stiffened cylinders. The ANNST method was compared with the conventional multi-piece metallic construction and composite processes for fabricating integrally stiffened cylinders. Following the definition of a case study for a cryogenic tank cylinder of specified geometry, data was gathered through interviews with Subject Matter Experts (SMEs), with particular focus placed on production costs and process complexity. This data served as the basis to produce process flowcharts and timelines, mass estimates, and rough order-of-magnitude cost and schedule estimates. The scalability of the results was subsequently investigated to understand the variability of the results based on tank size. Lastly, once costs and benefits were identified, the Analytic Hierarchy Process (AHP) was used to assess the relative value of these achieved benefits for potential stakeholders. These preliminary, rough order-of-magnitude results predict a 46 to 58 percent reduction in production costs and a 7-percent reduction in weight over the conventional metallic manufacturing technique used in this study for comparison. Compared to the composite manufacturing technique, these results predict cost savings of 35 to 58 percent; however, the ANNST concept was heavier. In this study, the predicted return on investment of equipment required for the ANNST method was ten cryogenic tank barrels

Energy and women's economic empowerment: Rethinking the benefits of improved cookstove use in rural India

Science.gov (United States)

Seaward, James Nicholas

International development organizations have recently ramped up efforts to promote the use of improved cookstoves (ICS) in developing countries, aiming to reduce the harmful environmental and public health impacts of the burning of biomass for cooking and heating. I hypothesize that ICS use also has additional benefits---economic and social benefits---that can contribute to women's economic empowerment in the developing world. To explore the relationship between ICS use and women's economic empowerment, I use Ordinary Least Squares and Logit models based on data from the India Human Development Survey (IHDS) to analyze differences between women living in households that use ICS and those living in homes that use traditional cookstoves. My regression results reveal that ICS use has a statistically significant and negative effect on the amount of time women and girls spend on fuel collection and a statistically significant and positive effect on the likelihood of women's participation in side businesses, but does not have a statistically significant effect on the likelihood of lost productivity. My analysis shows promise that in addition to health and environmental benefits, fuel-efficient cooking technologies can also have social and economic impacts that are especially beneficial to women. It is my hope that the analysis provided in this paper will be used to further the dialogue about the importance of women's access to modern energy services in the fight to improve women's living standards in the developing world.

Estimating the health and economic benefits associated with reducing air pollution in the Barcelona metropolitan area (Spain).

Science.gov (United States)

Pérez, Laura; Sunyer, Jordi; Künzli, Nino

2009-01-01

To estimate the health and economic benefits that would result from two scenarios of improved air quality in 57 municipalities of the metropolitan area of Barcelona. We used attributable fractions and life tables to quantify the benefits for selected health outcomes, based on published concentration-response functions and economic unit values. The mean weighted concentration of PM(10) for the study population was estimated through concentration surface maps developed by the local government. The annual mean health benefits of reducing the mean PM(10) exposure estimated for the population in the study area (50microg/m(3)) to the annual mean value recommended by the World Health Organization (20microg/m(3)) were estimated to be 3,500 fewer deaths (representing an average increase in life expectancy of 14 months), 1,800 fewer hospitalizations for cardio-respiratory diseases, 5,100 fewer cases of chronic bronchitis among adults, 31,100 fewer cases of acute bronchitis among children, and 54,000 fewer asthma attacks among children and adults. The mean total monetary benefits were estimated to be 6,400 million euros per year. Reducing PM(10) to comply with the current European Union regulatory annual mean level (40microg/m(3)) would yield approximately one third of these benefits. This study shows that reducing air pollution in the metropolitan area of Barcelona would result in substantial health and economic benefits. The benefits are probably underestimated due to the assumptions made in this study. Assessment of the health impact of local air pollution is a useful tool in public health.

Net metering in British Columbia : white paper

International Nuclear Information System (INIS)

Berry, T.

2003-01-01

Net metering was described as being the reverse registration of an electricity customer's revenue meter when interconnected with a utility's grid. It is a provincial policy designed to encourage small-distributed renewable power generation such as micro-hydro, solar energy, fuel cells, and larger-scale wind energy. It was noted that interconnection standards for small generation is an important issue that must be addressed. The British Columbia Utilities Commission has asked BC Hydro to prepare a report on the merits of net metering in order to support consultations on a potential net metering tariff application by the utility. This report provides information on net metering with reference to experience in other jurisdictions with net metering, and the possible costs and benefits associated with net metering from both a utility and consumer perspective. Some of the barriers and policy considerations for successful implementation of net metering were also discussed. refs., tabs., figs

Environmental-economic benefits and trade-offs on sustainably certified coffee farms

OpenAIRE

Haggar, Jeremy; Soto, Gabriela; Casanoves, Fernando; de Melo Virginio, Elias

2017-01-01

Coffee with diverse shade trees is recognized as conserving greater biodiversity than more intensive production methods. Sustainable certification has been proposed as an incentive to conserve shade grown coffee. With 40% of global coffee production certified as sustainable, evidence is needed to demonstrate whether certification supports the environmental benefits of shade coffee. Environmen-tal and economic data were taken from 278 coffee farms in Nicaragua divided between non-certified and...

Estimating the returns to United Kingdom publicly funded musculoskeletal disease research in terms of net value of improved health outcomes.

Science.gov (United States)

Glover, Matthew; Montague, Erin; Pollitt, Alexandra; Guthrie, Susan; Hanney, Stephen; Buxton, Martin; Grant, Jonathan

2018-01-10

Building on an approach applied to cardiovascular and cancer research, we estimated the economic returns from United Kingdom public- and charitable-funded musculoskeletal disease (MSD) research that arise from the net value of the improved health outcomes in the United Kingdom. To calculate the economic returns from MSD-related research in the United Kingdom, we estimated (1) the public and charitable expenditure on MSD-related research in the United Kingdom between 1970 and 2013; (2) the net monetary benefit (NMB), derived from the health benefit in quality adjusted life years (QALYs) valued in monetary terms (using a base-case value of a QALY of £25,000) minus the cost of delivering that benefit, for a prioritised list of interventions from 1994 to 2013; (3) the proportion of NMB attributable to United Kingdom research; and (4) the elapsed time between research funding and health gain. The data collected from these four key elements were used to estimate the internal rate of return (IRR) from MSD-related research investments on health benefits. We analysed the uncertainties in the IRR estimate using a one-way sensitivity analysis. Expressed in 2013 prices, total expenditure on MSD-related research from 1970 to 2013 was £3.5 billion, and for the period used to estimate the rate of return, 1978-1997, was £1.4 billion. Over the period 1994-2013 the key interventions analysed produced 871,000 QALYs with a NMB of £16 billion, allowing for the net NHS costs resulting from them and valuing a QALY at £25,000. The proportion of benefit attributable to United Kingdom research was 30% and the elapsed time between funding and impact of MSD treatments was 16 years. Our best estimate of the IRR from MSD-related research was 7%, which is similar to the 9% for CVD and 10% for cancer research. Our estimate of the IRR from the net health gain to public and charitable funding of MSD-related research in the United Kingdom is substantial, and justifies the research investments

Valuing ecosystem services. A shadow price for net primary production

International Nuclear Information System (INIS)

Richmond, Amy; Kaufmann, Robert K.; Myneni, Ranga B.

2007-01-01

We analyze the contribution of ecosystem services to GDP and use this contribution to calculate an empirical price for ecosystem services. Net primary production is used as a proxy for ecosystem services and, along with capital and labor, is used to estimate a Cobb Douglas production function from an international panel. A positive output elasticity for net primary production probably measures both marketed and nonmarketed contributions of ecosystems services. The production function is used to calculate the marginal product of net primary production, which is the shadow price for ecosystem services. The shadow price generally is greatest for developed nations, which have larger technical scalars and use less net primary production per unit output. The rate of technical substitution indicates that the quantity of capital needed to replace a unit of net primary production tends to increase with economic development, and this rate of replacement may ultimately constrain economic growth. (author)

A good night's sleep and the habit of net use: perceptions of risk and reasons for bed net use in Bukoba and Zanzibar.

Science.gov (United States)

Koenker, Hannah M; Loll, Dana; Rweyemamu, Datius; Ali, Abdullah S

2013-06-13

Intensive malaria control interventions in the United Republic of Tanzania have contributed to reductions in malaria prevalence. Given that malaria control remains reliant upon continued use of long-lasting insecticidal bed nets (LLINs) even when the threat of malaria has been reduced, this qualitative study sought to understand how changes in perceived risk influence LLIN usage, and to explore in more detail the benefits of net use that are unrelated to malaria. Eleven focus group discussions were conducted in Bukoba Rural district and in Zanzibar Urban West district in late 2011. Participants were males aged 18 and over, females between the ages of 18 and 49, and females at least 50 years old. The perceived risk of malaria had decreased among the respondents, and malaria control interventions were credited for the decline. Participants cited reductions in both the severity of malaria and in their perceived susceptibility to malaria. However, malaria was still considered a significant threat. Participants' conceptualization of risk appeared to be an important consideration for net use. At the same time, comfort and aspects of comfort (getting a good night's sleep, avoiding biting pests) appeared to play a large role in personal decisions to use nets consistently or not. Barriers to comfort (feeling uncomfortable or trapped; perceived difficulty breathing, or itching/rashes) were frequently cited as reasons not to use a net consistently. While it was apparent that participants acknowledged the malaria-prevention benefits of net use, the exploration of the risk and comfort determinants of net use provides a richer understanding of net use behaviours, particularly in a setting where transmission has fallen and yet consistent net use is still crucial to maintaining those gains. Future behaviour change communication campaigns should capitalize on the non-malaria benefits of net use that provide a long-term rationale for consistent use even when the immediate threat of

Economic feasibility study for improving drinking water quality: a case study of arsenic contamination in rural Argentina.

Science.gov (United States)

Molinos-Senante, María; Perez Carrera, Alejo; Hernández-Sancho, Francesc; Fernández-Cirelli, Alicia; Sala-Garrido, Ramón

2014-12-01

Economic studies are essential in evaluating the potential external investment support and/or internal tariffs available to improve drinking water quality. Cost-benefit analysis (CBA) is a useful tool to assess the economic feasibility of such interventions, i.e. to take some form of action to improve the drinking water quality. CBA should involve the market and non-market effects associated with the intervention. An economic framework was proposed in this study, which estimated the health avoided costs and the environmental benefits for the net present value of reducing the pollutant concentrations in drinking water. We conducted an empirical application to assess the economic feasibility of removing arsenic from water in a rural area of Argentina. Four small-scale methods were evaluated in our study. The results indicated that the inclusion of non-market benefits was integral to supporting investment projects. In addition, the application of the proposed framework will provide water authorities with more complete information for the decision-making process.

INTEGRATED DESEASE MANAGEMENT FOR CHILI FARMING IN BREBES AND MAGELANG - CENTRAL JAVA: SOCIAL ECONOMIC IMPACTS

OpenAIRE

Joko Mariyono

2016-01-01

This study aims to analyze the impact of an integrated disease management (IDM) on chilli. Chili disease control technologies that include crop barrier with corn and Crotalaria, and compost tea have been introduced to farmers in Magelang and Brebes. A qualitative approach was used to assess and estimate the socio-economic impact of agricultural research. The study was conducted in 2011. The results showed that based on land use chili, the net economic benefits generated was relatively low. Th...

A case-control study of support/opposition to wind turbines: Perceptions of health risk, economic benefits, and community conflict

International Nuclear Information System (INIS)

Baxter, Jamie; Morzaria, Rakhee; Hirsch, Rachel

2013-01-01

Despite considerable quantitative case study research on communities living with turbines, few have studied the roles played by the perceptions of: health risk, economic benefits/fairness, and intra-community conflict. We report the findings from a case-control survey which compares residents living with/without turbines in their community to understand the relative importance of these variables as predictors of turbine support. Ontario is the context for this study as it is a place where the pace of turbine installations is both very high and extremely politicized. As expected 69% of residents in the case community would vote in favour of local turbines yet surprisingly, only 25% would do so in the control community. Though the literature suggests that aesthetic preferences best predict turbine support the key predictors in this study are: health risk perception, community benefits, general community enhancement, and a preference for turbine-generated electricity. Concern about intra-community conflict is high in both the case (83%) and control (85%) communities as is concern about the fairness of local economic benefits (56% and 62%, respectively); yet neither is significant in the models. We discuss the implications of these findings particularly in terms of the consequences of a technocratic decide-announce-defend model of renewable facility siting. - Highlights: • We compare turbine support in a community living with turbines against a matched control. • We include health risk perception, economic benefits, and community conflict as predictors. • Turbine support is highest in the turbine community and surprisingly low in the control. • Health risk perception and economic benefits consistently predict turbine support. • Economic benefits distribution and conflict are important, but not consistent predictors

The potential economic and environmental impact of a Public Benefit Fund in Louisiana

International Nuclear Information System (INIS)

Kaiser, M.J.; Pulsipher, A.G.; Baumann, R.H.

2004-01-01

Public Benefit Fund programs are one approach to provide energy assistance to low-income households placed at risk in a competitive electric industry. The purpose of this paper is to assess the potential economic and environmental impact of a proposed Public Benefit Fund for the state of Louisiana. The 'best available' model to estimate the relationship between the cost of Public Benefit Fund programs and the benefits delivered by its implementation would be based on an evaluation of existent energy conservation and weatherization programs in the state, but unfortunately, such an evaluation has not been previously performed and so the 'next best' analytic model was employed. The impact of a Public Benefit Fund on energy savings and environmental consequences is assessed through a simulation model and input-output analysis. The model developed is based on publicly available data and infer results under a reasonable assumption set. The model structure and system assumptions of the Public Benefit Fund program are described, realistic policy alternatives are examined--including cost-ceiling, variable funding, and target group strategies--and the limitations of the analysis are outlined

The potential economic and environmental impact of a Public Benefit Fund in Louisiana

International Nuclear Information System (INIS)

Kaiser, Mark J.; Pulsipher, Allan G.; Baumann, Robert H.

2004-01-01

Public Benefit Fund programs are one approach to provide energy assistance to low-income households placed at risk in a competitive electric industry. The purpose of this paper is to assess the potential economic and environmental impact of a proposed Public Benefit Fund for the state of Louisiana. The 'best available' model to estimate the relationship between the cost of Public Benefit Fund programs and the benefits delivered by its implementation would be based on an evaluation of existent energy conservation and weatherization programs in the state, but unfortunately, such an evaluation has not been previously performed and so the 'next best' analytic model was employed. The impact of a Public Benefit Fund on energy savings and environmental consequences is assessed through a simulation model and input-output analysis. The model developed is based on publicly available data and infer results under a reasonable assumption set. The model structure and system assumptions of the Public Benefit Fund program are described, realistic policy alternatives are examined, including cost-ceiling, variable funding, and target group strategies, and the limitations of the analysis are outlined. (Author)

Economic evaluation of a crop rotation portfolio for irrigated farms in central Chile

Directory of Open Access Journals (Sweden)

Jorge González U

2013-09-01

Full Text Available The sustainable use of productive resources by agricultural producers in the central valley of Chile should be compatible with economic results so that producers can select an appropriate rotation or succession of annual crops and pasture. The objective of this work was to evaluate the economic behavior of four food crop and supplementary forage rotations using indicators of profitability and profit variability. Productive data were used from a long-term experiment (16 yr in the central valley of Chile under conditions of irrigation. With productive data and information on historic input/output prices, the real net margin per rotation (RNMR and its coefficient of variation (CV were determined. The results indicated that the highest economic benefits and greatest economic stability were obtained with rotations that only included crops, namely sugar beet (Beta vulgaris L. subsp. vulgaris-wheat (Triticum aestivum L.-bean (Phaseolus vulgaris L.-barley (Hordeum vulgare L. (CR2 and corn (Zea mays L.-wheat-bean-barley (CR4. These rotations included crops with low CV of the net margin, such as wheat, barley and beans, with values between 0.31 and 0.34. The rotations with crops and pasture, sugar beet-wheat-red clover (Trifolium pratense L. (2 (CR1 and corn-wheat-red clover (2 (CR3 had lower net margins and more variability of this indicator. Red clover had the highest CV value (1.00. The selection of crops for rotations and their sequence were determining factors in the economic behavior of rotations, affecting the level of RNMR and the degree of inter-annual variability of this indicator. Thus, differences among rotations of 47% in net margin were determined (CR2 vs. CR1, which only differed in the replacement of pasture with red clover (2 by bean-barley. The economic analysis based on the net margin and its variability allow for discriminating among rotations, providing valuable information for producers in deciding which crops to use in rotations.

Economic Effects of Legislations and Policies to Expand Mental Health and Substance Abuse Benefits in Health Insurance Plans: A Community Guide Systematic Review

Science.gov (United States)

Jacob, Verughese; Qu, Shuli; Chattopadhyay, Sajal; Sipe, Theresa Ann; Knopf, John A.; Goetzel, Ron Z.; Finnie, Ramona; Thota, Anilkrishna B.

2015-01-01

Background Health insurance plans have historically limited the benefits for mental health and substance abuse (MH/SA) services compared to benefits for physical health services. In recent years, legislative and policy initiatives in the U.S. have been taken to expand MH/SA health insurance benefits and achieve parity with physical health benefits. The relevance of these legislations for international audiences is also explored, particularly for the European context. Aims of the Study This paper reviews the evidence of costs and economic benefits of legislative or policy interventions to expand MH/SA health insurance benefits in the U.S. The objectives are to assess the economic value of the interventions by comparing societal cost to societal benefits, and to determine impact on costs to insurance plans resulting from expansion of these benefits. Methods The search for economic evidence covered literature published from January 1950 to March 2011 and included evaluations of federal and state laws or rules that expanded MH/SA benefits as well as voluntary actions by large employers. Two economists screened and abstracted the economic evidence of MH/SA benefits legislation based on standard economic and actuarial concepts and methods. Results The economic review included 12 studies: eleven provided evidence on cost impact to health plans, and one estimated the effect on suicides. There was insufficient evidence to determine if the intervention was cost-effective or cost-saving. However, the evidence indicates that MH/SA benefits expansion did not lead to any substantial increase in costs to insurance plans, measured as a percentage of insurance premiums. Discussion and Limitations This review is unable to determine the overall economic value of policies that expand MH/SA insurance benefits due to lack of cost-effectiveness and cost-benefit studies, predominantly due to the lack of evaluations of morbidity and mortality outcomes. This may be remedied in time when

Cost-benefit analysis of avian influenza control in Nepal.

Science.gov (United States)

Karki, S; Lupiani, B; Budke, C M; Karki, N P S; Rushton, J; Ivanek, R

2015-12-01

Numerous outbreaks of highly pathogenic avian influenza A strain H5N1 have occurred in Nepal since 2009 despite implementation of a national programme to control the disease through surveillance and culling of infected poultry flocks. The objective of the study was to use cost-benefit analysis to compare the current control programme (CCP) with the possible alternatives of: i) no intervention (i.e., absence of control measures [ACM]) and ii) vaccinating 60% of the national poultry flock twice a year. In terms of the benefit-cost ratio, findings indicate a return of US $1.94 for every dollar spent in the CCP compared with ACM. The net present value of the CCP versus ACM, i.e., the amount of money saved by implementing the CCP rather than ACM, is US $861,507 (the benefits of CCP [prevented losses which would have occurred under ACM] minus the cost of CCP). The vaccination programme yields a return of US $2.32 for every dollar spent when compared with the CCR The net present value of vaccination versus the CCP is approximately US $12 million. Sensitivity analysis indicated thatthe findings were robust to different rates of discounting, whereas results were sensitive to the assumed market loss and the number of birds affected in the outbreaks under the ACM and vaccination options. Overall, the findings of the study indicate that the CCP is economically superior to ACM, but that vaccination could give greater economic returns and may be a better control strategy. Future research should be directed towards evaluating the financial feasibility and social acceptability of the CCP and of vaccination, with an emphasis on evaluating market reaction to the presence of H5N1 infection in the country.

Cost-benefit evaluation of a decentralized water system for wastewater reuse and environmental protection.

Science.gov (United States)

Chen, R; Wang, X C

2009-01-01

This paper proposed a net benefit value (NBV) model for cost-benefit evaluation of wastewater treatment and reuse projects, and attention was mainly paid to decentralized systems which are drawing wide interests all over the world especially in the water-deficient countries and regions. In the NBV model, all the factors related to project costs are monetary ones which can be calculated by using traditional methods, while many of the factors related to project benefits are non-monetary ones which need sophisticated methods for monetization. In this regard, the authors elaborated several methods for monetization of the benefits from wastewater discharge reduction, local environment improvement, and human health protection. The proposed model and methods were applied for the cost-benefit evaluation of a decentralized water reclamation and reuse project in a newly developed residential area in Xi'an, China. The system with dual-pipe collection and grey water treatment and reuse was found to be economically ineligible (NBV > 0) when all the treated water is reused for artificial pond replenishment, gardening and other non-potable purposes by taking into account the benefit of water saving. As environmental benefits are further considered, the economic advantage of the project is more significant.

Economic assessment of use values of near-natural forestry compared with rotational forestry in Denmark

DEFF Research Database (Denmark)

Amsalu, Dareskedar Workie; Jacobsen, Jette Bredahl; Lundhede, Thomas

2014-01-01

The present study is a cost-benefit analysis of converting the current rotational forestry (RF) of Norway spruce stand into near-natural forestry (NNF) of beech, based on two representative soil conditions and visitors popular case areas in Denmark, considering welfare economic values of timber......, recreation provision, and groundwater recharge. The study answers the major research question of how large the welfare economic values of recreation and groundwater benefits of the conversion are as compared with timber benefits. The net present values (NPV) of the benefits were calculated for an infinite...... time horizon at a 3 % discount rate. The results reveal that converting into NNF would result in a NPV of at least 6,832 € ha−1 from use values of recreation and water benefit on a site with good soil and a high visitor frequency, as is typical in the eastern part of Denmark. On a site in the west...

Economic Benefits of Investing in Women's Health: A Systematic Review.

Directory of Open Access Journals (Sweden)

Kristine Husøy Onarheim

Full Text Available Globally, the status of women's health falls short of its potential. In addition to the deleterious ethical and human rights implications of this deficit, the negative economic impact may also be consequential, but these mechanisms are poorly understood. Building on the literature that highlights health as a driver of economic growth and poverty alleviation, we aim to systematically investigate the broader economic benefits of investing in women's health.Using the Preferred Reporting Items for Systematic Reviews and Meta-Analysis (PRISMA guidelines, we systematically reviewed health, gender, and economic literature to identify studies that investigate the impact of women's health on micro- and macroeconomic outcomes. We developed an extensive search algorithm and conducted searches using 10 unique databases spanning the timeframe 01/01/1970 to 01/04/2013. Articles were included if they reported on economic impacts stemming from changes in women's health (table of outcome measures included in full review, Table 1. In total, the two lead investigators independently screened 20,832 abstracts and extracted 438 records for full text review. The final review reflects the inclusion of 124 articles.The existing literature indicates that healthier women and their children contribute to more productive and better-educated societies. This study documents an extensive literature confirming that women's health is tied to long-term productivity: the development and economic performance of nations depends, in part, upon how each country protects and promotes the health of women. Providing opportunities for deliberate family planning; healthy mothers before, during, and after childbirth, and the health and productivity of subsequent generations can catalyze a cycle of positive societal development.This review highlights the untapped potential of initiatives that aim to address women's health. Societies that prioritize women's health will likely have better

Economic Benefits of Investing in Women's Health: A Systematic Review.

Science.gov (United States)

Onarheim, Kristine Husøy; Iversen, Johanne Helene; Bloom, David E

2016-01-01

Globally, the status of women's health falls short of its potential. In addition to the deleterious ethical and human rights implications of this deficit, the negative economic impact may also be consequential, but these mechanisms are poorly understood. Building on the literature that highlights health as a driver of economic growth and poverty alleviation, we aim to systematically investigate the broader economic benefits of investing in women's health. Using the Preferred Reporting Items for Systematic Reviews and Meta-Analysis (PRISMA) guidelines, we systematically reviewed health, gender, and economic literature to identify studies that investigate the impact of women's health on micro- and macroeconomic outcomes. We developed an extensive search algorithm and conducted searches using 10 unique databases spanning the timeframe 01/01/1970 to 01/04/2013. Articles were included if they reported on economic impacts stemming from changes in women's health (table of outcome measures included in full review, Table 1). In total, the two lead investigators independently screened 20,832 abstracts and extracted 438 records for full text review. The final review reflects the inclusion of 124 articles. The existing literature indicates that healthier women and their children contribute to more productive and better-educated societies. This study documents an extensive literature confirming that women's health is tied to long-term productivity: the development and economic performance of nations depends, in part, upon how each country protects and promotes the health of women. Providing opportunities for deliberate family planning; healthy mothers before, during, and after childbirth, and the health and productivity of subsequent generations can catalyze a cycle of positive societal development. This review highlights the untapped potential of initiatives that aim to address women's health. Societies that prioritize women's health will likely have better population health

29 CFR 4062.4 - Determinations of net worth and collective net worth.

Science.gov (United States)

2010-07-01

... financial condition, and business history. (6) The economic outlook for the person's industry and the market... do not produce income for the business being valued or are not used in the business. (c) Factors for... to sell, or offer to purchase or sell the business of the person made on or about the net worth...

Cost benefit analysis of two policy options for cannabis: status quo and legalisation.

Science.gov (United States)

Shanahan, Marian; Ritter, Alison

2014-01-01

To date there has been limited analysis of the economic costs and benefits associated with cannabis legalisation. This study redresses this gap. A cost benefit analysis of two cannabis policy options the status quo (where cannabis use is illegal) and a legalised-regulated option was conducted. A cost benefit analysis was used to value the costs and benefits of the two policies in monetary terms. Costs and benefits of each policy option were classified into five categories (direct intervention costs, costs or cost savings to other agencies, benefits or lost benefits to the individual or the family, other impacts on third parties, and adverse or spill over events). The results are expressed as a net social benefit (NSB). The mean NSB per annum from Monte Carlo simulations (with the 5 and 95 percentiles) for the status quo was $294.6 million AUD ($201.1 to $392.7 million) not substantially different from the $234.2 million AUD ($136.4 to $331.1 million) for the legalised-regulated model which excludes government revenue as a benefit. When government revenue is included, the NSB for legalised-regulated is higher than for status quo. Sensitivity analyses demonstrate the significant impact of educational attainment and wellbeing as drivers for the NSB result. Examining the percentiles around the two policy options, there appears to be no difference between the NSB for these two policy options. Economic analyses are essential for good public policy, providing information about the extent to which one policy is substantially economically favourable over another. In cannabis policy, for these two options this does not appear to be the case.

Cost benefit analysis of two policy options for cannabis: status quo and legalisation.

Directory of Open Access Journals (Sweden)

Marian Shanahan

Full Text Available AIMS: To date there has been limited analysis of the economic costs and benefits associated with cannabis legalisation. This study redresses this gap. A cost benefit analysis of two cannabis policy options the status quo (where cannabis use is illegal and a legalised-regulated option was conducted. METHOD: A cost benefit analysis was used to value the costs and benefits of the two policies in monetary terms. Costs and benefits of each policy option were classified into five categories (direct intervention costs, costs or cost savings to other agencies, benefits or lost benefits to the individual or the family, other impacts on third parties, and adverse or spill over events. The results are expressed as a net social benefit (NSB. FINDINGS: The mean NSB per annum from Monte Carlo simulations (with the 5 and 95 percentiles for the status quo was $294.6 million AUD ($201.1 to $392.7 million not substantially different from the $234.2 million AUD ($136.4 to $331.1 million for the legalised-regulated model which excludes government revenue as a benefit. When government revenue is included, the NSB for legalised-regulated is higher than for status quo. Sensitivity analyses demonstrate the significant impact of educational attainment and wellbeing as drivers for the NSB result. CONCLUSION: Examining the percentiles around the two policy options, there appears to be no difference between the NSB for these two policy options. Economic analyses are essential for good public policy, providing information about the extent to which one policy is substantially economically favourable over another. In cannabis policy, for these two options this does not appear to be the case.

Economic valuation of the environmental impact of logging residue recovery and nutrient compensation

International Nuclear Information System (INIS)

Boerjesson, P.

2000-01-01

In this paper, the environmental impact of logging residue recovery (LRR) and nutrient compensation (NC) in Sweden is analysed and evaluated economically. Logging reside recovery and recirculation of wood ash can generate local environmental benefits, such as reduced soil acidification and, primarily in southern Sweden, also improved nitrogen balance and reduced nutrient leaching from forest land. Recovery of residues leads to a slight increase in net emissions of carbon dioxide, compared with on site decomposition, but this increase is small compared with the net emissions of carbon dioxide from fossil fuel cycles. The impact of toxic compounds is estimated to be insignificant, as is that on biodiversity, when current guidelines for forestry management methods are followed. The total cost, including direct costs and environmental costs/benefits, of LRR and NC is estimated to be about 1.1, 3.3 and 4.6 US dollars/GJ in southern, central and northern Sweden, respectively. For comparison, the current direct cost of LRR, excluding NC, is, on average, about 4.0 US dollars/GJ in Sweden. Almost one-third of the Swedish forest fuel potential is estimated to be located in the south, but this potential varies from about 50 to over 100 PJ per year depending on the assumptions made. Thus, when local environmental benefits are also considered, the overall economic benefit derived from the utilisation of forest fuels could increase significantly in southern Sweden, where large quantities of logging residues are available. (author)

Return-to-work intervention versus usual care for sick-listed employees: health-economic investment appraisal alongside a cluster randomised trial

Science.gov (United States)

Lokman, Suzanne; Volker, Danielle; Zijlstra-Vlasveld, Moniek C; Brouwers, Evelien PM; Boon, Brigitte; Beekman, Aartjan TF; Smit, Filip; Van der Feltz-Cornelis, Christina M

2017-01-01

Objective To evaluate the health-economic costs and benefits of a guided eHealth intervention (E-health module embedded in Collaborative Occupational healthcare (ECO)) encouraging sick-listed employees to a faster return to work. Design A two-armed cluster randomised trial with occupational physicians (OPs) (n=62), clustered and randomised by region into an experimental and a control group, to conduct a health-economic investment appraisal. Online self-reported data were collected from employees at baseline, after 3, 6, 9 and 12 months. Setting Occupational health care in the Netherlands. Participants Employees from small-sized and medium-sized companies (≥18 years), sick-listed between 4 and 26 weeks with (symptoms of) common mental disorders visiting their OP. Interventions In the intervention group, employees (N=131) received an eHealth module aimed at changing cognitions regarding return to work, while OPs were supported by a decision aid for treatment and referral options. Employees in the control condition (N=89) received usual sickness guidance. Outcomes Measures Net benefits and return on investment based on absenteeism, presenteeism, health care use and quality-adjusted life years (QALYs) gained. Results From the employer’s perspective, the incremental net benefits were €3187 per employee over a single year, representing a return of investment of €11 per invested Euro, with a break-even point at 6 months. The economic case was also favourable from the employee’s perspective, partly because of QALY health gains. The intervention was costing €234 per employee from a health service financier’s perspective. The incremental net benefits from a social perspective were €4210. This amount dropped to €3559 in the sensitivity analysis trimming the 5% highest costs. Conclusions The data suggest that the ECO intervention offers good value for money for virtually all stakeholders involved, because initial investments were more than recouped within a

Thermodynamic analysis and economic evaluation of a 1000 MW bituminous coal fired power plant incorporating low-temperature pre-drying (LTPD)

International Nuclear Information System (INIS)

Xu, Cheng; Xu, Gang; Zhu, Mingming; Dong, Wei; Zhang, Yang; Yang, Yongping; Zhang, Dongke

2016-01-01

Highlights: • An improved design of coal pre-drying using flue gas waste heat was proposed. • 0.4% energy efficiency increase was achieved with the proposed system. • The additional net economic benefit of the proposed system is $1.91 M per year. • Proposed concept can be widely applied to improve coal-fired power plant efficiency. - Abstract: Low-temperature pre-drying (LTPD) of lignite has been identified as an effective approach to improve the efficiency of lignite fired power plants. In this study, an improved concept for the pre-drying of medium moisture bituminous coals using flue gas waste heat was proposed and its feasibility was assessed. In the proposed configuration, the boiler exhaust flue gas is drawn to dryers to heat and pre-dry the raw coal, removing a large proportion of the coal moisture and leading to an improvement in the energy efficiency of the power plant. Thermodynamic analysis and economic evaluation were performed based on a typical 1000 MW bituminous coal fired power plant incorporating the proposed LTPD concept. The results showed that the net power plant efficiency gain is as much as 0.4 percentage point with additional net power output of 9.3 MW as compared to the reference plant without coal pre-drying. This was attributed to the reduction in the moisture content from 10.3 to 2.7 wt%. The additional net economic benefit attained due to the coal pre-drying was estimated to reach $1.91 M per year. This work provides a broadly applicable and economically feasible approach to further improve the energy efficiency of power plants firing coals with medium moisture contents.

Economic benefits of productivity increases through truck-to-rail mode shift in freight transport.

Science.gov (United States)

2016-01-29

Although the study of economic benefits of improving (or not improving) the efficiency of freight movement has been recognized as one of the critical research topic by the decision makers and researchers alike, there remains a dearth of transparent a...

Solar energy`s economic and social benefits

Energy Technology Data Exchange (ETDEWEB)

Scheer, H. [Bundeshaus, Bonn (Germany)

1995-08-01

There are numerous indications that solar energy is far more than a mere stopgap measure to escape from the present environmental crisis. These include the natural as well as the developed, and still developing, technological potential of solar energy; the vast opportunities offered by abandoning destructive energy sources; and, not least, the new industrial perspectives arising from the conversion of our energy system. In addition to the environmental benefits, solar energy will bring about major economic and social gains. The creation of a solar energy system offers an unexpected and unique chance to release industrial society from the harmful consequences of the Industrial Revolution and to make available its positive accomplishments - particularly the social, democratic and cultural opportunities made possible by freeing mankind from slave labour - to all of mankind. Destruction of the environment is the greatest danger for industrialized societies pursuing economic growth, but it is not the only one. The Western high culture of welfare states is evidently a thing of the past. Created by the pressure of social movements that emerged in the Industrial Revolution, they stabilized capitalism by making it more responsive to the social needs in its strongholds. But both old and new contradictions, as well as the growth of welfare costs, lead to the conclusion that the future of the industrial system is increasingly seen only in terms of jettisoning its social obligations. Political democracy will then once more be in danger. Modern history is unable to provide an example of a stable democracy based on permanent mass misery

Using contingent behavior analysis to measure benefits from rural electrification in developing countries: an example from Rwanda

International Nuclear Information System (INIS)

Manning, Dale T.; Means, Peter; Zimmerle, Daniel; Galvin, Kathleen; Loomis, John; Paustian, Keith

2015-01-01

Hundreds of millions of people in Sub-Saharan Africa do not have access to electricity and will not receive it from national grids in the next few decades. Electricity makes up an important component of rural development and so increasing access can have positive socioeconomic benefits. In this study, we use contingent behavior analysis to quantify the potential benefits of electricity in rural Rwandan villages which currently do not have electricity. The proposed method allows for calculation of net benefits as well as electricity bills. We find that even relatively poor, isolated households would pay for electricity, though amounts vary across households and this affects the financial viability of electrification. Common uses for electricity include lighting, battery charging, and agricultural processing. Despite heterogeneity, opportunities exist to improve rural economic welfare through increased electricity access. - Highlights: • A lack of electricity slows economic growth in rural villages of Sub-Saharan Africa. • Household survey provides data on potential electricity use in Rwandan villages. • Contingent behavior analysis estimates total economic surplus from electricity. • Household electricity bills estimated to calculate investment returns. • Investment in rural electrification likely to bring positive benefits to rural Rwanda.

Values in the Net Neutrality Debate: Applying Content Analysis to Testimonies from Public Hearings

Science.gov (United States)

Cheng, An-Shou

2012-01-01

The Net neutrality debate is an important telecommunications policy issue that closely tied to technological innovation, economic development, and information access. Existing studies on Net neutrality have focused primarily on technological requirements, economic analysis, and regulatory justifications. Since values, technology, and policy are…

Model developments for quantitative estimates of the benefits of the signals on nuclear power plant availability and economics

International Nuclear Information System (INIS)

Seong, Poong Hyun

1993-01-01

A novel framework for quantitative estimates of the benefits of signals on nuclear power plant availability and economics has been developed in this work. The models developed in this work quantify how the perfect signals affect the human operator's success in restoring the power plant to the desired state when it enters undesirable transients. Also, the models quantify the economic benefits of these perfect signals. The models have been applied to the condensate feedwater system of the nuclear power plant for demonstration. (Author)

Distribution of Economic Benefits from Ecotourism: A Case Study of Wolong Nature Reserve for Giant Pandas in China

Science.gov (United States)

He, Guangming; Chen, Xiaodong; Liu, Wei; Bearer, Scott; Zhou, Shiqiang; Cheng, Lily Yeqing; Zhang, Hemin; Ouyang, Zhiyun; Liu, Jianguo

2008-12-01

Ecotourism is widely promoted as a conservation tool and actively practiced in protected areas worldwide. Theoretically, support for conservation from the various types of stakeholder inside and outside protected areas is maximized if stakeholders benefit proportionally to the opportunity costs they bear. The disproportional benefit distribution among stakeholders can erode their support for or lead to the failure of ecotourism and conservation. Using Wolong Nature Reserve for Giant Pandas (China) as an example, we demonstrate two types of uneven distribution of economic benefits among four major groups of stakeholders. First, a significant inequality exists between the local rural residents and the other types of stakeholder. The rural residents are the primary bearers of the cost of conservation, but the majority of economic benefits (investment, employment, and goods) in three key ecotourism sectors (infrastructural construction, hotels/restaurants, and souvenir sales) go to other stakeholders. Second, results show that the distribution of economic benefits is unequal among the rural residents inside the reserve. Most rural households that benefit from ecotourism are located near the main road and potentially have less impact on panda habitat than households far from the road and closer to panda habitats. This distribution gap is likely to discourage conservation support from the latter households, whose activities are the main forces degrading panda habitats. We suggest that the unequal distribution of the benefits from ecotourism can be lessened by enhancing local participation, increasing the use of local goods, and encouraging relocation of rural households closer to ecotourism facilities.

The economic impacts of energy efficiency

International Nuclear Information System (INIS)

Jean, R.

1990-01-01

Energy efficiency programs add to the costs incurred by electricity users in the short term and generate significant economic benefits in the medium and long term. Using the example of programs in development at Hydro-Quebec, it is shown that the net economic benefits surpass, in present value terms, the sums invested by the electric utility and the customer, corresponding to yields of over 100%. This benefit is the principal impact of energy conservation programs which also provide employment, for every dollar invested, of the same order as that provided by hydroelectric production (i.e. costs associated with construction of generating plants, transmission lines, and distribution facilities). This evaluation takes account of the structure of purchases of goods and services brought about by energy efficiency programs and their large import component. This result may be surprising since the hydroelectric industry is strongly integrated into the Quebec economy, but it is understandable when one takes into account the importance of distribution costs to small-scale users, which causes significant local activity even when imported products are involved, and the very intensive labor requirement for certain energy efficiency measures. In addition, the employment generated by energy efficiency investments is very diversified in terms of the range of skills used and its geographic dispersion. 2 figs., 4 tabs

Gm crops: between biological risk and environmental and economic benefits

International Nuclear Information System (INIS)

Chaparro Giraldo, Alejandro

2011-01-01

The transgenic crops were the result of the application of recombinant DNA technology in agriculture. These crops were developed by transfer of foreign genes (transgenes) from any biological origin (animal, plant, microbial, viral) to the genome of cultivated species of plants. The crops genetically modified (GM) have been used in the world since 1996; up to December 2010 they counted to a billion hectares planted throughout the period. In just the past year 2010 148 million hectares were planted, grown by 15.4 million farmers in 29 countries. GM crops that are used in global agriculture are mainly soybean, cotton, corn and canola, which express transgenes derived from bacteria, and confer resistance to lepidopteron insects (ILR) or herbicide tolerance (HT; glyphosate and glufosinate ammonium). the first transgenic varieties containing only a single transgene, or simple event, while the current varieties express several transgenes, or stacked, conferring resistance to different species of Lepidoptera and coleopteran insects and tolerance to two different herbicides. In 2010 were planted in Colombia, 18.874 hectares of GM cotton, 16.793 hectares of GM corn, and 4 hectares of GM carnations and GM roses. GM corn and GM cotton were planted in Sucre, Cesar, Cordoba, Huila and Tolima. GM corn was planted in Antioquia, Valle del Cauca, Meta, Cundinamarca and Santander. Carnations and roses were planted in Cundinamarca. GM maize and GM cotton expressing ILR and HT features, as simple events or stacked. In the case of GM carnation and GM roses, these genotypes that express the color blue. Academia has tried to organize the debate on the adoption of GM crops around the analysis of biological risks and environmental vs environmental and economic benefits. Biological hazards are defined by the possible negative effects on human consumers or negative effects on the environment. The environmental benefits are related to reduce use of agrochemicals (insecticides and herbicides

Economic value of in vitro fertilization in Ukraine, Belarus, and Kazakhstan

Directory of Open Access Journals (Sweden)

Mandrik O

2015-06-01

Full Text Available Olena Mandrik,1 Saskia Knies,1,2 Johan L Severens1,3 1Institute of Health Policy and Management, Erasmus University, Rotterdam, 2National Health Care Institute, Diemen, 3iMTA Institute of Medical Technology Assessment, Erasmus University, Rotterdam, the Netherlands Background: An economic value calculation was performed to estimate the lifetime net present value of in vitro fertilization (IVF in Ukraine, Belarus, and Kazakhstan. Methods: Net lifetime tax revenues were used to represent governmental benefits accruing from a hypothetical cohort of an IVF population born in 2009 using the methodology of generational accounting. Governmental expenses related to this population included social benefits, education and health care, unemployment support, and pensions. Where available, country-specific data referencing official sources were applied. Results: The average health care cost needed to achieve one additional birth from the governmental perspective varied from $2,599 in Ukraine to $5,509 in Belarus. The net present value from the population born using IVF was positive in all countries: for Ukraine ($9,839, Belarus ($21,702, and Kazakhstan ($2,295. The break-even costs of drugs and supplies per IVF procedure is expected to be $3,870, $8,530, and $1,780, respectively. Probabilistic sensitivity analyses based on 5,000 simulations show that the average net present value per person remains positive: $1,894±$7,619, $27,925±$12,407, and $17,229±$24,637 in Ukraine, Belarus, and Kazakhstan, respectively. Conclusion: Financing IVF may represent a good investment in terms of governmental financial returns, even in lower-income countries with state-financed health care systems such as Ukraine, Belarus, and Kazakhstan. Keywords: in vitro fertilization, economic value of life, developing countries

GOLD NETTING TO STRENGTHEN FINANCIAL SYSTEM STABILITY

Directory of Open Access Journals (Sweden)

Ahamed Kameel Mydin Meera

2017-08-01

Full Text Available Economic and financial crises seem to occur with increased frequency. Indeed now most countries, including several advanced economies like the US, Europe and Japan, are in serious economic recession. Employment and business opportunities have been much dampened. Inflation seems to be soaring globally and nations are witnessing widening gaps in income and wealth distribution. Many of these advanced economies are also facing shrinking population sizes that translate into aging problems and labor shortages. On top of those, there are environmental issues, including global warming. All these, in turn, have caused regional and global political conflicts and turmoil. The Arab Spring and the sovereign debt problems faced by some European countries like Greece are examples of this. Sustainability of economics and environment is thus of paramount concern of today. This paper considers those problems and suggests Interest-free Gold-based Electronic Netting System (IGENS as an effective way of injecting liquidity into the economy, practically free, that can spur business and employment while bringing about structural stability, inflation checked with both economic and environmental sustainability. Netting or muqassah is a transaction allowed in shari’ah and is practiced worldwide in different forms. Examples include the highly successful WIR Bank of Switzerland, various Local Exchange Trading Schemes (LETS and Bilateral and Multilateral Payment Arrangements between central banks.   Keywords:  Global crisis, Payment system, Gold, Netting, Muqassah, Liquidity, Sustainability, Financial system stability JEL Classification: E40, E42, E51

75 FR 26702 - Fisheries off West Coast States; Pacific Coast Groundfish Fishery Management Plan; Amendments 20...

Science.gov (United States)

2010-05-12

... increase net economic benefits, create individual economic stability, provide full utilization of the trawl... (Amendments 20 and 21) is intended to increase net economic benefits, create individual economic stability... licenses, quota share accounts, vessel accounts, further tracking and monitoring components, and economic...

Economic Impact of Multisystemic Therapy for Child Abuse and Neglect.

Science.gov (United States)

Dopp, Alex R; Schaeffer, Cindy M; Swenson, Cynthia Cupit; Powell, Jennifer S

2018-04-04

This study evaluated the economics of Multisystemic Therapy for Child Abuse and Neglect (MST-CAN) by applying the Washington State Institute for Public Policy (WSIPP) cost-benefit model to data from a randomized effectiveness trial with 86 families (Swenson et al. in JFP 24:497-507, 2010b). The net benefit of MST-CAN, versus enhanced outpatient treatment, was $26,655 per family at 16 months post-baseline. Stated differently, every dollar spent on MST-CAN recovered $3.31 in savings to participants, taxpayers, and society at large. Policymakers and public service agencies should consider these findings when making investments into interventions for high-need families involved with child protective services.

Net private benefits of purchasing eco-labeled air conditioners and subsidization policies in China

International Nuclear Information System (INIS)

Sun, Junxiu; Yin, Haitao; Wang, Feng

2014-01-01

Built on a data set of 527 air conditioner models collected from an online retailer, this study investigates whether the savings that consumers realize on their private electricity bills from purchasing energy-efficient appliances compensate for the additional cost of the appliances on the market, and if not, the size of the gap between the savings and the cost. Our findings show that, except for the most energy-efficient category, the cost savings from using energy-efficient air conditioners does compensate for their higher price. Therefore, any government subsidy should be reserved for the most efficient products. For less energy-efficient appliances, the best policy may be to provide more effective information instead of a subsidy because the subsidy might attract consumers away from more energy-efficient air conditioners and result in an unwanted effect. - Highlights: • This paper analyses the net private benefits of purchasing eco-labeled air conditioners in China. • There is no need to subsidize less energy-efficient air conditioners. • The most recently proposed policy development in China is a reform headed in the right direction

The Economic Benefits Of Multipurpose Reservoirs In The United States- Federal Hydropower Fleet

Energy Technology Data Exchange (ETDEWEB)

Hadjerioua, Boualem [Oak Ridge National Lab. (ORNL), Oak Ridge, TN (United States); Witt, Adam M. [Oak Ridge National Lab. (ORNL), Oak Ridge, TN (United States); Stewart, Kevin M. [Dept. of Energy (DOE), Washington DC (United States). Office of Energy Efficiency and Renewable Energy (EERE); Bonnet Acosta, Marisol [Dept. of Energy (DOE), Washington DC (United States). Office of Energy Efficiency and Renewable Energy (EERE); Mobley, Miles [Oak Ridge National Lab. (ORNL), Oak Ridge, TN (United States)

2015-09-01

The United States is home to over 80,000 dams, of which approximately 3% are equipped with hydroelectric generating capabilities. When a dam serves as a hydropower facility, it provides a variety of energy services that range from clean, reliable power generation to load balancing that supports grid stability. In most cases, the benefits of dams and their associated reservoirs go far beyond supporting the nation s energy demand. As evidenced by the substantial presence of non-powered dams with the ability to store water in large capacities, the primary purpose of a dam may not be hydropower, but rather one of many other purposes. A dam and reservoir may support navigation, recreation, flood control, irrigation, and water supply, with each multipurpose benefit providing significant social and economic impacts on a local, regional, and national level. When hydropower is one of the services provided by a multipurpose reservoir, it is then part of an integrated system of competing uses. Operating rules, management practices, consumer demands, and environmental constraints must all be balanced to meet the multipurpose project s objectives. When federal dams are built, they are authorized by Congress to serve one or more functions. Legislation such as the Water Resources Development Act regulates the operation of the facility in order to coordinate the authorized uses and ensure the dam s intended objectives are being met. While multipurpose reservoirs account for billions of dollars in contributions to National Economic Development (NED) every year, no attempt has been made to evaluate their benefits on a national scale. This study is an on-going work conducted by Oak Ridge National Laboratory in an effort to estimate the economic benefits of multipurpose hydropower reservoirs in the United States. Given the important role that federal hydropower plays in the U.S., the first focus of this research will target the three main federal hydropower owners Tennessee Valley

Seeing the impact: The socio-economic benefits of peaceful nuclear technologies

International Nuclear Information System (INIS)

Burkart, W.; Rosenthal, M.D.

2003-01-01

The widespread use of 'atoms for peace' brings tens of billions of dollars of benefits annually to people across the globe. They contribute to better medical care, food production, electricity generation, and manufacturing, for example. In many countries today, nuclear and radiation technologies are established, dynamic components of national economies. But dollars and cents tell only part of the story, and figures are not equally sustainable for all countries that apply nuclear technologies. Better assessments are needed of when, where, and why the atom's peaceful benefits can be realized, and as importantly, how they can be sustained. The information is important for decision-makers and the public alike. Even the most novel or sophisticated nuclear techniques do not stand alone, and nuclear technology decisions must be framed in a larger picture. Nuclear applications have to be judged against their potential contributions and compared to conventional competitors. They must be measured, too, in terms of cost, reliability, safety, simplicity, sustainability and other factors central to plans of governments, private companies, research institutes and consumers. For all these constituencies, more reliable information is needed to assist in making choices. In the nuclear area, the information is often rightly or wrongly shaped by perceptions and misperceptions about risk. In addition, new challenges - such as privatization in electricity production and health care-need to be taken into account to evaluate fairly the economic competitiveness and future of nuclear applications. Through informed assessments, we can reach a better understanding of the impact of peaceful nuclear applications, which will help countries make better decisions on future uses. This article takes stock of the peaceful atom's social and economic impact and compares different approaches to assessing benefits. Such assessments can provide important insights about how nuclear applications can best

Reducing nitrogen leaching from fertilizers to surface waters: catchment specific indicators of economic benefits

DEFF Research Database (Denmark)

Andersen, Mikael Skou; Levin, Gregor; Odgaard, Mette Vestergaard

2018-01-01

We explore with impact pathway methodology the economic benefits of reducing nitrogen leaching to transitional surface waters, as expected for a proportionality test under the EU’s Water Framework Directive article 4. Ten different catchments is analyzed for a policy scenario where downstream dis...

The private sector economic and employment benefits to the nation and to each state of proposed FY 1990 NASA procurement expenditures

Science.gov (United States)

1989-01-01

The private sector economic and employment benefits (disaggregated among 80 industries and 475 occupations) of the proposed FY 1990 NASA procurement expenditures to the nation and to each state are estimated. Nationwide, it is found that FY 1990 NASA procurement expenditures of $11.3 billion will have an economic multiplier of 2.1 and will create, directly and indirectly, 237,000 jobs, $23.2 billion in total industry sales, $2.4 billion in corporate profits, and $7.4 billion in Federal, state, and local government tax revenues. These benefits are widely dispersed throughout the United States and are significant in many states not normally considered to be major beneficiaries of NASA spending. The indirect economic benefits are identified for each state resulting from the second-, third-, and fourth rounds of industry purchases generated by NASA procurement expenditures. Each state is ranked on the basis of several criteria, including the total benefits, indirect benefits, and per capita benefits received from NASA spending. The estimates developed are important for maintaining a viable U.S. Space Program through the remainder of this century.

Stated Preference Economic Development Model

Science.gov (United States)

2015-02-01

calculated the public benefit associated with Petroglyph by extracting the value for day hikes from the first study, the added value of rock art from the...2002. There are a lack of data and methods to determine the net social benefit of this aid. Additionally, currently available data are insufficient to...properly prioritize the usage and award of this aid. SPED involved the creation of tools that estimate the net social benefit of projects using

The economics (or lack thereof) of aerosol geoengineering

Science.gov (United States)

Goes, M.; Keller, K.; Tuana, N.

2009-04-01

Anthropogenic greenhouse gas emissions are changing the Earth's climate and impose substantial risks for current and future generations. What are scientifically sound, economically viable, and ethically defendable strategies to manage these climate risks? Ratified international agreements call for a reduction of greenhouse gas emissions to avoid dangerous anthropogenic interference with the climate system. Recent proposals, however, call for the deployment of a different approach: to geoengineer climate by injecting aerosol precursors into the stratosphere. Published economic studies typically suggest that substituting aerosol geoengineering for abatement of carbon dioxide emissions results in large net monetary benefits. However, these studies neglect the risks of aerosol geoengineering due to (i) the potential for future geoengineering failures and (ii) the negative impacts associated with the aerosol forcing. Here we use a simple integrated assessment model of climate change to analyze potential economic impacts of aerosol geoengineering strategies over a wide range of uncertain parameters such as climate sensitivity, the economic damages due to climate change, and the economic damages due to aerosol geoengineering forcing. The simplicity of the model provides the advantages of parsimony and transparency, but it also imposes severe caveats on the interpretation of the results. For example, the analysis is based on a globally aggregated model and is hence silent on the question of intragenerational distribution of costs and benefits. In addition, the analysis neglects the effects of endogenous learning about the climate system. We show that the risks associated with a future geoengineering failure and negative impacts of aerosol forcings can cause geoenginering strategies to fail an economic cost-benefit test. One key to this finding is that a geoengineering failure would lead to dramatic and abrupt climatic changes. The monetary damages due to this failure can

Benefits of economic criteria for water scarcity management under global changes: insights from a large-scale hydroeconomic framework

Science.gov (United States)

Neverre, Noémie; Dumas, Patrice; Nassopoulos, Hypatia

2016-04-01

Global changes are expected to exacerbate water scarcity issues in the Mediterranean region in the next decades. In this work, we investigate the impacts of reservoirs operation rules based on an economic criterion. We examine whether can they help reduce the costs of water scarcity, and whether they become more relevant under future climatic and socioeconomic conditions. We develop an original hydroeconomic model able to compare future water supply and demand on a large scale, while representing river basin heterogeneity. On the demand side, we focus on the two main sectors of water use: the irrigation and domestic sectors. Demands are projected in terms of both quantity and economic value. Irrigation requirements are computed for 12 types of crops, at the 0.5° spatial resolution, under future climatic conditions (A1B scenario). The computation of the economic benefits of irrigation water is based on a yield comparison approach between rainfed and irrigated crops. For the domestic sector, we project the combined effects of demographic growth, economic development and water cost evolution on future demands. The economic value of domestic water is defined as the economic surplus. On the supply side, we evaluate the impacts of climate change on water inflows to the reservoirs. Operating rules of the reservoirs are set up using a parameterisation-simulation-optimisation approach. The objective is to maximise water benefits. We introduce prudential parametric rules in order to take into account spatial and temporal trade-offs. The methodology is applied to Algeria at the 2050 horizon. Overall, our results show that the supply-demand imbalance and its costs will increase in most basins under future climatic and socioeconomic conditions. Our results suggest that the benefits of operating rules based on economic criteria are not unequivocally increased with global changes: in some basins the positive impact of economic prioritisation is higher under future conditions

Net costs of health worker rural incentive packages: an example from the Lao People's Democratic Republic.

Science.gov (United States)

Keuffel, Eric; Jaskiewicz, Wanda; Paphassarang, Chanthakhath; Tulenko, Kate

2013-11-01

Many developing countries are examining whether to institute incentive packages that increase the share of health workers who opt to locate in rural settings; however, uncertainty exists with respect to the expected net cost (or benefit) from these packages. We utilize the findings from the discrete choice experiment surveys applied to students training to be health professionals and costing analyses in Lao People's Democratic Republic to model the anticipated effect of incentive packages on new worker location decisions and direct costs. Incorporating evidence on health worker density and health outcomes, we then estimate the expected 5-year net cost (or benefit) of each incentive packages for 3 health worker cadres--physicians, nurses/midwives, and medical assistants. Under base case assumptions, the optimal incentive package for each cadre produced a 5-year net benefit (maximum net benefit for physicians: US$ 44,000; nurses/midwives: US$ 5.6 million; medical assistants: US$ 485,000). After accounting for health effects, the expected net cost of select incentive packages would be substantially less than the original estimate of direct costs. In the case of Lao People's Democratic Republic, incentive packages that do not invest in capital-intensive components generally should produce larger net benefits. Combining discrete choice experiment surveys, costing surveys and cost-benefit analysis methods may be replicated by other developing countries to calculate whether health worker incentive packages are viable policy options.

Economic value of in vitro fertilization in Ukraine, Belarus, and Kazakhstan

Science.gov (United States)

Mandrik, Olena; Knies, Saskia; Severens, Johan L

2015-01-01

Background An economic value calculation was performed to estimate the lifetime net present value of in vitro fertilization (IVF) in Ukraine, Belarus, and Kazakhstan. Methods Net lifetime tax revenues were used to represent governmental benefits accruing from a hypothetical cohort of an IVF population born in 2009 using the methodology of generational accounting. Governmental expenses related to this population included social benefits, education and health care, unemployment support, and pensions. Where available, country-specific data referencing official sources were applied. Results The average health care cost needed to achieve one additional birth from the governmental perspective varied from $2,599 in Ukraine to $5,509 in Belarus. The net present value from the population born using IVF was positive in all countries: for Ukraine ($9,839), Belarus ($21,702), and Kazakhstan ($2,295). The break-even costs of drugs and supplies per IVF procedure is expected to be $3,870, $8,530, and $1,780, respectively. Probabilistic sensitivity analyses based on 5,000 simulations show that the average net present value per person remains positive: $1,894±$7,619, $27,925±$12,407, and $17,229±$24,637 in Ukraine, Belarus, and Kazakhstan, respectively. Conclusion Financing IVF may represent a good investment in terms of governmental financial returns, even in lower-income countries with state-financed health care systems such as Ukraine, Belarus, and Kazakhstan. PMID:26109873

Economic value of in vitro fertilization in Ukraine, Belarus, and Kazakhstan.

Science.gov (United States)

Mandrik, Olena; Knies, Saskia; Severens, Johan L

2015-01-01

An economic value calculation was performed to estimate the lifetime net present value of in vitro fertilization (IVF) in Ukraine, Belarus, and Kazakhstan. Net lifetime tax revenues were used to represent governmental benefits accruing from a hypothetical cohort of an IVF population born in 2009 using the methodology of generational accounting. Governmental expenses related to this population included social benefits, education and health care, unemployment support, and pensions. Where available, country-specific data referencing official sources were applied. The average health care cost needed to achieve one additional birth from the governmental perspective varied from $2,599 in Ukraine to $5,509 in Belarus. The net present value from the population born using IVF was positive in all countries: for Ukraine ($9,839), Belarus ($21,702), and Kazakhstan ($2,295). The break-even costs of drugs and supplies per IVF procedure is expected to be $3,870, $8,530, and $1,780, respectively. Probabilistic sensitivity analyses based on 5,000 simulations show that the average net present value per person remains positive: $1,894±$7,619, $27,925±$12,407, and $17,229±$24,637 in Ukraine, Belarus, and Kazakhstan, respectively. Financing IVF may represent a good investment in terms of governmental financial returns, even in lower-income countries with state-financed health care systems such as Ukraine, Belarus, and Kazakhstan.

Economic profitability analysis of demand side management program

International Nuclear Information System (INIS)

Sheen, J.N.

2005-01-01

This study considers both the internal and external costs of the utility in deriving the avoided capacity cost (ACC) and avoided operating cost (AOC) induced in an electric utility caused by the implementation of a demand side management program (DSM). In calculating the ACC, a multiple objective linear programming model is developed. Meanwhile, the AOC is calculated by considering the differences between the total and specific time period energy consumption ratios before and after the implementation of the DSM program. This study also develops an economic analysis method using Net Present Value and Pay Back Year models to assess the economic profitability of implementing a DSM program from a participant's point of view. The design and construction of a partial load leveling eutectic salt Cooling Energy Storage (CES) air conditioning system in a target office building in Kaohsiung, Taiwan, is discussed in order to simulate the cost benefit of the CES system from the perspective of the utility and from that of the participant. The results confirm the effectiveness of the developed models in simulating the economic benefits of implementing a DSM program from the perspectives of both the utility and the participant

Efficiency and economic benefits of skipjack pole and line (huhate) in central Moluccas, Indonesia

Science.gov (United States)

Siahainenia, Stevanus M.; Hiariey, Johanis; Baskoro, Mulyono S.; Waeleruny, Wellem

2017-10-01

Excess fishing capacity is a crucial problem in marine capture fisheries. This phenomenon needed to be investigated regarding sustainability and development of the fishery. This research was aimed at analyzing technical efficiency (TE) and computing financial aspects of the skipjack pole and line. Primary data were collected from the owners of the fishing units at the different size of gross boat tonnage (GT), while secondary data were gathered from official publications relating to this research. Data envelopment analysis (DEA) approach was applied to estimate technical efficiency whereas a selected financial analysis was utilized to calculate economic benefits of the skipjack pole and line business. The fishing units with a size of 26-30 GT provided a higher TE value, and also achieved larger economic benefit values than that of the other fishing units. The empirical results indicate that skipjack pole and line in the size of 26-30 GT is a good fishing gear for the business development in central Moluccas.

Economic benefit evaluation for renewable energy transmitted by HVDC based on production simulation (PS) and analytic hierarchy process(AHP)

Science.gov (United States)

Zhang, Jinfang; Zheng, Kuan; Liu, Jun; Huang, Xinting

2018-02-01

In order to support North and West China’s RE (RE) development and enhance accommodation in reasonable high level, HVDC’s traditional operation curves need some change to follow the output characteristic of RE, which helps to shrink curtailment electricity and curtailment ratio of RE. In this paper, an economic benefit analysis method based on production simulation (PS) and Analytic hierarchy process (AHP) has been proposed. PS is the basic tool to analyze chosen power system operation situation, and AHP method could give a suitable comparison result among many candidate schemes. Based on four different transmission curve combinations, related economic benefit has been evaluated by PS and AHP. The results and related index have shown the efficiency of suggested method, and finally it has been validated that HVDC operation curve in following RE output mode could have benefit in decreasing RE curtailment level and improving economic operation.

How strong is the Social Security safety net? Using the Elder Index to assess gaps in economic security.

Science.gov (United States)

Mutchler, Jan E; Li, Yang; Xu, Ping

2018-04-16

Older Americans rely heavily on Social Security benefits (SSBs) to support independent lifestyles, and many have few or no additional sources of income. We establish the extent to which SSBs adequately support economic security, benchmarked by the Elder Economic Security Standard Index. We document variability across U.S. counties in the adequacy levels of SSBs among older adults. We find that the average SSBs fall short of what is required for economic security in every county in the United States, but the level of shortfall varies considerably by location. Policy implications relating to strengthening Social Security and other forms of retirement income are discussed.

Economic consideration of nuclear safety and cost benefit analysis in nuclear safety regulation

International Nuclear Information System (INIS)

Choi, Y. S.; Choi, K. S.; Choi, K. W.; Song, I. J.; Park, D. K.

2001-01-01

For the optimization of nuclear safety regulation, understanding of economic aspects of it becomes increasingly important together with the technical approach used so far to secure nuclear safety. Relevant economic theories on private and public goods were reviewed to re-illuminate nuclear safety from the economic perspective. The characteristics of nuclear safety as a public good was reviewed and discussed in comparison with the car safety as a private safety good. It was shown that the change of social welfare resulted from the policy change induced can be calculated by the summation of compensating variation(CV) of individuals. It was shown that the value of nuclear safety could be determined in monetary term by this approach. The theoretical background and history of cost benefit analysis of nuclear safety regulation were presented and topics for future study were suggested

Measuring the competitiveness benefits of a transmission investment policy: The case of the Alberta electricity market

International Nuclear Information System (INIS)

Wolak, Frank A.

2015-01-01

Transmission expansions can increase the extent of competition faced by wholesale electricity suppliers with the ability to exercise unilateral market power. This can cause them to submit offer curves closer to their marginal cost curves, which sets market-clearing prices closer to competitive benchmark price levels. These lower wholesale market-clearing prices are the competitiveness benefit consumers realize from the transmission expansion. This paper quantifies empirically the competitiveness benefits of a transmission expansion policy that causes strategic suppliers to expect no transmission congestion. Using hourly generation-unit level offer, output, market-clearing price and congestion data from the Alberta wholesale electricity market from January 1, 2009 to July 31, 2013, an upper and lower bound on the hourly consumer competitiveness benefits of this transmission policy is computed. Both of these competitiveness benefits measures are economically significant, which argues for including them in transmission planning processes for wholesale electricity markets to ensure that all transmission expansions with positive net benefits to electricity consumers are undertaken. -- Highlights: •Define competitiveness benefits to consumers from transmission expansions in wholesale market. •Compute upper and lower bounds on competitiveness benefits for Alberta market. •Compare no-perceived congestion prices to actual prices to measure competitiveness benefits. •Economically substantial competitiveness benefits found for sample period studied. •To ensure adequate transmission, planning processes should account for these benefits

Unequal Exchange of Air Pollution and Economic Benefits Embodied in China's Exports.

Science.gov (United States)

Zhang, Wei; Wang, Feng; Hubacek, Klaus; Liu, Yu; Wang, Jinnan; Feng, Kuishuang; Jiang, Ling; Jiang, Hongqiang; Zhang, Bing; Bi, Jun

2018-04-03

As the world's factory, China has enjoyed huge economic benefits from international export but also suffered severe environmental consequences. Most studies investigating unequal environmental exchange associated with trade took China as a homogeneous entity ignoring considerable inequality and outsourcing of pollution within China. This paper traces the regional mismatch of export-induced economic benefits and environmental costs along national supply chains by using the latest multiregional input-output model and emission inventory for 2012. The results indicate that approximately 56% of the national GDP induced by exports has been received by developed coastal regions, while about 72% of air pollution embodied in national exports, measured as aggregated atmospheric pollutant equivalents (APE), has been mainly incurred by less developed central and western regions. For each yuan of export-induced GDP, developed regions only incurred 0.4-0.6 g APE emissions, whereas less developed regions from western or central China had to suffer 4-8 times the amount of emissions. This is due to poorer regions providing lower value added and higher emission-intensive inputs and having lower environmental standards and less efficient technologies. Our results may pave a way to mitigate the unequal relationship between developed and less developed regions from the perspective of environment-economy nexus.

The Economics of Zero-Rating and Net Neutrality

OpenAIRE

Somogyi, Robert

2016-01-01

This paper studies zero-rating, an emerging business practice consisting in a mobile internet service provider (ISP) excluding the data generated by certain content providers (CPs) from its consumers' monthly data cap. Being at odds with the principle of net neutrality, these arrangements have recently attracted regulatory scrutiny all over the word. I analyze zero-rating incentives of a monopolistic ISP facing a capacity constraint in a two-sided market where consumption provides utility for...

Silviculture and economic benefits of producing wood energy from conventional forestry systems and measures to mitigate negative impacts

International Nuclear Information System (INIS)

Manley, A.; Richardson, J.

1995-01-01

Activity ''Forest Energy Production'' focused on the development and evaluation, in the context of conventional forestry systems, silvicultural and forest management practices which optimise productivity for traditional products and wood for energy, while safeguarding the forest ecosystem. A series of meetings, workshops, and review papers involving the three participating countries of Canada, Sweden, and the United Kingdom were planned and completed. An additional workshop in Switzerland was also held. Increasing production of biomass for energy is generally found to be positive, from silvicultural, economic, and environmental perspectives. Eight specific forest management systems were investigated and/or reported: five conventional systems involving multiple products in softwood and mixed wood, and three hardwood systems emphasising production of biomass for energy. Modifications in silvercultural practice to also produce biomass for energy included increased opportunities for thinnings, intermediate cuttings, and stand and site rehabilitation as well as more flexible and efficient harvesting systems. Economic benefits accrued from increased investment in harvesting and burning technology, improvements in stand quality and site utilisation, and substitution for more expensive fuels, especially if all costs are considered. Environmental effects were found to be generally positive, but negative effects of nutrient and organic matter removal on the overall sustainability of specific systems are possible. These need to be addressed. Harvest and management guidelines are being designed and put into practice. Social, institutional, and technical barriers to the increased use of biomass for energy are being addressed by specific strategies and initiatives involving programs and incentives for production, market development, research and education. Net positive effects indicate increased use of forest biomass for energy, in the short and long term. (Abstract Truncated)

Economic impact of GM crops

Science.gov (United States)

Brookes, Graham; Barfoot, Peter

2014-01-01

A key part of any assessment of the global value of crop biotechnology in agriculture is an examination of its economic impact at the farm level. This paper follows earlier annual studies which examined economic impacts on yields, key costs of production, direct farm income and effects, and impacts on the production base of the four main crops of soybeans, corn, cotton and canola. The commercialization of genetically modified (GM) crops has continued to occur at a rapid rate, with important changes in both the overall level of adoption and impact occurring in 2012. This annual updated analysis shows that there have been very significant net economic benefits at the farm level amounting to $18.8 billion in 2012 and $116.6 billion for the 17-year period (in nominal terms). These economic gains have been divided roughly 50% each to farmers in developed and developing countries. GM technology have also made important contributions to increasing global production levels of the four main crops, having added 122 million tonnes and 230 million tonnes respectively, to the global production of soybeans and maize since the introduction of the technology in the mid-1990s. PMID:24637520

Economic assessment of sterifeed process

International Nuclear Information System (INIS)

Mat Rasol Awang; Hassan Hamdani Mutaat

2004-01-01

The economics of a processing technology depends on its cost. Two types of costs commonly used in the estimation are a fixed cost and the other is variable cost. The cost structure that included in the fixed cost, mainly, the cost of land, building and machineries, and the variable cost covers raw materials, salary / wages, utilities, irradiation charge, other miscellaneous expenses and contingencies. The assessment were made by treating the economic data using discounted cash flow projection method to deduce the economic indicators: Net Present Value (NPV), Internal Rate of Return (IRR), Benefit to Cost (B/C) ratio, that would suggest the project feasibility, either feasible or otherwise. The NPV, IRR, B/C deduced from Sterifeed Process showed the economic of this technology was infeasible due high cost incurred in transportation, labour as well as the cost of machinery. This is accomplished by sensitivity test performed on these cost components. However, cost structure derived from Sterifeed Plant serves as a model cost structure for economic assessment in production of Sterifeed, a fermented ruminant feed, and to work further on the economic of the project. This paper discuss economic evaluation of Sterifeed process in different scenarios that carried out in the Sterifeed process operations and deduction were made to derive a model production unit for commercialisation. (Author)

The impact of a hybrid social marketing intervention on inequities in access, ownership and use of insecticide-treated nets

Directory of Open Access Journals (Sweden)

Stallworthy Guy

2007-01-01

Full Text Available Abstract Background An ITN intervention was initiated in three predominantly rural districts of Eastern Province, Zambia, that lacked commercial distribution and communication infrastructures. Social marketing techniques were used for product and message development. Public sector clinics and village-based volunteers promoted and distributed subsidized ITNs priced at $2.5 per net. A study was conducted to assess the effects of the intervention on inequities in knowledge, access, ownership and use of ITNs. Methods A post-test only quasi-experimental study design was used to compare intervention and comparison districts. A total of 2,986 respondents were interviewed. Survey respondents were grouped into four socio-economic (SES categories: low, medium-low, medium and high. Knowledge, access, ownership and use indicators are compared. Concentration index scores are calculated. Interactions between intervention status and SES help determine how different SES groups benefited from the intervention. Results Although overall use of nets remained relatively low, post-test data show that knowledge, access, ownership and use of mosquito nets was higher in intervention districts. A decline in SES inequity in access to nets occurred in intervention districts, resulting from a disproportionately greater increase in access among the low SES group. Declines in SES inequities in net ownership and use of nets were associated with the intervention. The largest increases in net ownership and use occurred among medium and high SES categories. Conclusion Increasing access to nets among the poorest respondents in rural areas may not lead to increases in net use unless the price of nets is no longer a barrier to their purchase.

The impact of a hybrid social marketing intervention on inequities in access, ownership and use of insecticide-treated nets.

Science.gov (United States)

Agha, Sohail; Van Rossem, Ronan; Stallworthy, Guy; Kusanthan, Thankian

2007-01-29

An ITN intervention was initiated in three predominantly rural districts of Eastern Province, Zambia, that lacked commercial distribution and communication infrastructures. Social marketing techniques were used for product and message development. Public sector clinics and village-based volunteers promoted and distributed subsidized ITNs priced at 2.5 dollars per net. A study was conducted to assess the effects of the intervention on inequities in knowledge, access, ownership and use of ITNs. A post-test only quasi-experimental study design was used to compare intervention and comparison districts. A total of 2,986 respondents were interviewed. Survey respondents were grouped into four socio-economic (SES) categories: low, medium-low, medium and high. Knowledge, access, ownership and use indicators are compared. Concentration index scores are calculated. Interactions between intervention status and SES help determine how different SES groups benefited from the intervention. Although overall use of nets remained relatively low, post-test data show that knowledge, access, ownership and use of mosquito nets was higher in intervention districts. A decline in SES inequity in access to nets occurred in intervention districts, resulting from a disproportionately greater increase in access among the low SES group. Declines in SES inequities in net ownership and use of nets were associated with the intervention. The largest increases in net ownership and use occurred among medium and high SES categories. Increasing access to nets among the poorest respondents in rural areas may not lead to increases in net use unless the price of nets is no longer a barrier to their purchase.

Using economic instruments to develop effective management of invasive species: insights from a bioeconomic model.

Science.gov (United States)

McDermott, Shana M; Irwin, Rebecca E; Taylor, Brad W

2013-07-01

Economic growth is recognized as an important factor associated with species invasions. Consequently, there is increasing need to develop solutions that combine economics and ecology to inform invasive species management. We developed a model combining economic, ecological, and sociological factors to assess the degree to which economic policies can be used to control invasive plants. Because invasive plants often spread across numerous properties, we explored whether property owners should manage invaders cooperatively as a group by incorporating the negative effects of invader spread in management decisions (collective management) or independently, whereby the negative effects of invasive plant spread are ignored (independent management). Our modeling approach used a dynamic optimization framework, and we applied the model to invader spread using Linaria vulgaris. Model simulations allowed us to determine the optimal management strategy based on net benefits for a range of invader densities. We found that optimal management strategies varied as a function of initial plant densities. At low densities, net benefits were high for both collective and independent management to eradicate the invader, suggesting the importance of early detection and eradication. At moderate densities, collective management led to faster and more frequent invader eradication compared to independent management. When we used a financial penalty to ensure that independent properties were managed collectively, we found that the penalty would be most feasible when levied on a property's perimeter boundary to control spread among properties. At the highest densities, the optimal management strategy was "do nothing" because the economic costs of removal were too high relative to the benefits of removal. Spatial variation in L. vulgaris densities resulted in different optimal management strategies for neighboring properties, making a formal economic policy to encourage invasive species removal

Reconciling uncertain costs and benefits in bayes nets for invasive species management

Science.gov (United States)

Burgman, M.A.; Wintle, B.A.; Thompson, C.A.; Moilanen, A.; Runge, M.C.; Ben-Haim, Y.

2010-01-01

Bayes nets are used increasingly to characterize environmental systems and formalize probabilistic reasoning to support decision making. These networks treat probabilities as exact quantities. Sensitivity analysis can be used to evaluate the importance of assumptions and parameter estimates. Here, we outline an application of info-gap theory to Bayes nets that evaluates the sensitivity of decisions to possibly large errors in the underlying probability estimates and utilities. We apply it to an example of management and eradication of Red Imported Fire Ants in Southern Queensland, Australia and show how changes in management decisions can be justified when uncertainty is considered. ?? 2009 Society for Risk Analysis.

Combining Costs and Benefits of Animal Activities to Assess Net Yield Outcomes in Apple Orchards.

Science.gov (United States)

Saunders, Manu E; Luck, Gary W

2016-01-01

Diverse animal communities influence ecosystem function in agroecosystems through positive and negative plant-animal interactions. Yet, past research has largely failed to examine multiple interactions that can have opposing impacts on agricultural production in a given context. We collected data on arthropod communities and yield quality and quantity parameters (fruit set, yield loss and net outcomes) in three major apple-growing regions in south-eastern Australia. We quantified the net yield outcome (accounting for positive and negative interactions) of multiple animal activities (pollination, fruit damage, biological control) across the entire growing season on netted branches, which excluded vertebrate predators of arthropods, and open branches. Net outcome was calculated as the number of undamaged fruit at harvest as a proportion of the number of blossoms (i.e., potential fruit yield). Vertebrate exclusion resulted in lower levels of fruit set and higher levels of arthropod damage to apples, but did not affect net outcomes. Yield quality and quantity parameters (fruit set, yield loss, net outcomes) were not directly associated with arthropod functional groups. Model variance and significant differences between the ratio of pest to beneficial arthropods between regions indicated that complex relationships between environmental factors and multiple animal interactions have a combined effect on yield. Our results show that focusing on a single crop stage, species group or ecosystem function/service can overlook important complexity in ecological processes within the system. Accounting for this complexity and quantifying the net outcome of ecological interactions within the system, is more informative for research and management of biodiversity and ecosystem services in agricultural landscapes.

Mining and biodiversity offsets: a transparent and science-based approach to measure "no-net-loss".

Science.gov (United States)

Virah-Sawmy, Malika; Ebeling, Johannes; Taplin, Roslyn

2014-10-01

Mining and associated infrastructure developments can present themselves as economic opportunities that are difficult to forego for developing and industrialised countries alike. Almost inevitably, however, they lead to biodiversity loss. This trade-off can be greatest in economically poor but highly biodiverse regions. Biodiversity offsets have, therefore, increasingly been promoted as a mechanism to help achieve both the aims of development and biodiversity conservation. Accordingly, this mechanism is emerging as a key tool for multinational mining companies to demonstrate good environmental stewardship. Relying on offsets to achieve "no-net-loss" of biodiversity, however, requires certainty in their ecological integrity where they are used to sanction habitat destruction. Here, we discuss real-world practices in biodiversity offsetting by assessing how well some leading initiatives internationally integrate critical aspects of biodiversity attributes, net loss accounting and project management. With the aim of improving, rather than merely critiquing the approach, we analyse different aspects of biodiversity offsetting. Further, we analyse the potential pitfalls of developing counterfactual scenarios of biodiversity loss or gains in a project's absence. In this, we draw on insights from experience with carbon offsetting. This informs our discussion of realistic projections of project effectiveness and permanence of benefits to ensure no net losses, and the risk of displacing, rather than avoiding biodiversity losses ("leakage"). We show that the most prominent existing biodiversity offset initiatives employ broad and somewhat arbitrary parameters to measure habitat value and do not sufficiently consider real-world challenges in compensating losses in an effective and lasting manner. We propose a more transparent and science-based approach, supported with a new formula, to help design biodiversity offsets to realise their potential in enabling more responsible

Potential economic benefits of adapting agricultural production systems to future climate change

Science.gov (United States)

Fagre, Daniel B.; Pederson, Gregory; Bengtson, Lindsey E.; Prato, Tony; Qui, Zeyuan; Williams, Jimmie R.

2010-01-01

Potential economic impacts of future climate change on crop enterprise net returns and annual net farm income (NFI) are evaluated for small and large representative farms in Flathead Valley in Northwest Montana. Crop enterprise net returns and NFI in an historical climate period (1960–2005) and future climate period (2006–2050) are compared when agricultural production systems (APSs) are adapted to future climate change. Climate conditions in the future climate period are based on the A1B, B1, and A2 CO2 emission scenarios from the Intergovernmental Panel on Climate Change Fourth Assessment Report. Steps in the evaluation include: (1) specifying crop enterprises and APSs (i.e., combinations of crop enterprises) in consultation with locals producers; (2) simulating crop yields for two soils, crop prices, crop enterprises costs, and NFIs for APSs; (3) determining the dominant APS in the historical and future climate periods in terms of NFI; and (4) determining whether NFI for the dominant APS in the historical climate period is superior to NFI for the dominant APS in the future climate period. Crop yields are simulated using the Environmental/Policy Integrated Climate (EPIC) model and dominance comparisons for NFI are based on the stochastic efficiency with respect to a function (SERF) criterion. Probability distributions that best fit the EPIC-simulated crop yields are used to simulate 100 values for crop yields for the two soils in the historical and future climate periods. Best-fitting probability distributions for historical inflation-adjusted crop prices and specified triangular probability distributions for crop enterprise costs are used to simulate 100 values for crop prices and crop enterprise costs. Averaged over all crop enterprises, farm sizes, and soil types, simulated net return per ha averaged over all crop enterprises decreased 24% and simulated mean NFI for APSs decreased 57% between the historical and future climate periods. Although adapting

Potential Economic Benefits of Adapting Agricultural Production Systems to Future Climate Change

Science.gov (United States)

Prato, Tony; Zeyuan, Qiu; Pederson, Gregory; Fagre, Dan; Bengtson, Lindsey E.; Williams, Jimmy R.

2010-03-01

Potential economic impacts of future climate change on crop enterprise net returns and annual net farm income (NFI) are evaluated for small and large representative farms in Flathead Valley in Northwest Montana. Crop enterprise net returns and NFI in an historical climate period (1960-2005) and future climate period (2006-2050) are compared when agricultural production systems (APSs) are adapted to future climate change. Climate conditions in the future climate period are based on the A1B, B1, and A2 CO2 emission scenarios from the Intergovernmental Panel on Climate Change Fourth Assessment Report. Steps in the evaluation include: (1) specifying crop enterprises and APSs (i.e., combinations of crop enterprises) in consultation with locals producers; (2) simulating crop yields for two soils, crop prices, crop enterprises costs, and NFIs for APSs; (3) determining the dominant APS in the historical and future climate periods in terms of NFI; and (4) determining whether NFI for the dominant APS in the historical climate period is superior to NFI for the dominant APS in the future climate period. Crop yields are simulated using the Environmental/Policy Integrated Climate (EPIC) model and dominance comparisons for NFI are based on the stochastic efficiency with respect to a function (SERF) criterion. Probability distributions that best fit the EPIC-simulated crop yields are used to simulate 100 values for crop yields for the two soils in the historical and future climate periods. Best-fitting probability distributions for historical inflation-adjusted crop prices and specified triangular probability distributions for crop enterprise costs are used to simulate 100 values for crop prices and crop enterprise costs. Averaged over all crop enterprises, farm sizes, and soil types, simulated net return per ha averaged over all crop enterprises decreased 24% and simulated mean NFI for APSs decreased 57% between the historical and future climate periods. Although adapting APSs to

Potential economic benefits of adapting agricultural production systems to future climate change.

Science.gov (United States)

Prato, Tony; Zeyuan, Qiu; Pederson, Gregory; Fagre, Dan; Bengtson, Lindsey E; Williams, Jimmy R

2010-03-01

Potential economic impacts of future climate change on crop enterprise net returns and annual net farm income (NFI) are evaluated for small and large representative farms in Flathead Valley in Northwest Montana. Crop enterprise net returns and NFI in an historical climate period (1960-2005) and future climate period (2006-2050) are compared when agricultural production systems (APSs) are adapted to future climate change. Climate conditions in the future climate period are based on the A1B, B1, and A2 CO(2) emission scenarios from the Intergovernmental Panel on Climate Change Fourth Assessment Report. Steps in the evaluation include: (1) specifying crop enterprises and APSs (i.e., combinations of crop enterprises) in consultation with locals producers; (2) simulating crop yields for two soils, crop prices, crop enterprises costs, and NFIs for APSs; (3) determining the dominant APS in the historical and future climate periods in terms of NFI; and (4) determining whether NFI for the dominant APS in the historical climate period is superior to NFI for the dominant APS in the future climate period. Crop yields are simulated using the Environmental/Policy Integrated Climate (EPIC) model and dominance comparisons for NFI are based on the stochastic efficiency with respect to a function (SERF) criterion. Probability distributions that best fit the EPIC-simulated crop yields are used to simulate 100 values for crop yields for the two soils in the historical and future climate periods. Best-fitting probability distributions for historical inflation-adjusted crop prices and specified triangular probability distributions for crop enterprise costs are used to simulate 100 values for crop prices and crop enterprise costs. Averaged over all crop enterprises, farm sizes, and soil types, simulated net return per ha averaged over all crop enterprises decreased 24% and simulated mean NFI for APSs decreased 57% between the historical and future climate periods. Although adapting APSs

Economics of climate change under uncertainty. Benefits of flexibility

International Nuclear Information System (INIS)

Anda, Jon; Golub, Alexander; Strukova, Elena

2009-01-01

The selection of climate policy has to be made in an extremely uncertain environment: both benefits and costs of a particular climate policy are unknown and in the best case could be described by the probability distribution of various outcomes. Dominated in literature, the expected value approach to the cost-benefit analysis of climate policy under uncertainties relies on the aggregated estimation of various outcomes of climate policy weighted and averaged by probabilities. The variance, skewness, and kurtosis are important characteristics of uncertainties but can be easily lost in the process of aggregation. The real option analysis (ROA) explicitly accounts for both the expected value of underling assets and the variance of the expected value (as well as skewness and kurtosis that are important to describe a fat tail phenomenon). In the paper, we propose an application of the real option analysis in order to formulate rules for the selection of a climate policy (emission target) and estimate the economic value of the future flexibility created by interim climate policy, which may be corrected in the future in response to new knowledge that hopefully reduces uncertainties. The initially selected interim policy has an option value and methodology for its valuation presented in the paper. (author)

Marketing and Economic Analysis of Potatoes Irradiation in Egypt

International Nuclear Information System (INIS)

El-Khateeb, M.A.; El-Hayawan, H.

1999-01-01

The aim of this work is to examine the marketing, economic and financial feasibility of a project for potatoes irradiation in Egypt. The Egyptian market of potatoes was described and analyzed considering the production size distributed over several years, methods of preservation and storage, percentage of loss and cost for each method, distribution channels and packing materials. The financial and economic analysis of the establishment of a pallet conveyor unit for the irradiation of potatoes was also carried out . The following investment criteria were utilized for the commercial evaluation : benefit - cost radio , payback period, average rate of return and net present value . The results of this analysis showed that the installation of a unit for the irradiation of potatoes in Egypt would be economically viable. The unit of irradiation would decline if the irradiator is used as a multipurpose facility

Marketing and Economic Analysis of Garlic Irradiation in Egypt

International Nuclear Information System (INIS)

El-Khateeb, M.A.

2000-01-01

The aim of this work is to examine the marketing , economic and financial feasibility of a project for garlic irradiation in Egypt. The Egyptian market of garlic was described and analyzed considering the production size distributed over several years, methods of preservation and storage, percentage of loss and cost for each method and distribution channels. The financial and economic analysis of the establishment of A tote Box unit for the irradiation of garlic was also carried out. The following investment criteria were utilized for the commercial evaluation : benefit-cost ratio, payback period, average rate of return and net present value. The results of this analysis showed that the installation of a unit for the irradiation of garlic in Egypt would be economically viable. The unit cost of irradiation would decline if the irradiator is used as a multipurpose facility

Current Global Pricing For Human Papillomavirus Vaccines Brings The Greatest Economic Benefits To Rich Countries.

Science.gov (United States)

Herlihy, Niamh; Hutubessy, Raymond; Jit, Mark

2016-02-01

Vaccinating females against human papillomavirus (HPV) prior to the debut of sexual activity is an effective way to prevent cervical cancer, yet vaccine uptake in low- and middle-income countries has been hindered by high vaccine prices. We created an economic model to estimate the distribution of the economic surplus-the sum of all health and economic benefits of a vaccine, minus the costs of development, production, and distribution-among different country income groups and manufacturers for a cohort of twelve-year-old females in 2012. We found that manufacturers may have received economic returns worth five times their original investment in HPV vaccine development. High-income countries gained the greatest economic surplus of any income category, realizing over five times more economic value per vaccinated female than low-income countries did. Subsidizing vaccine prices in low- and middle-income countries could both reduce financial barriers to vaccine adoption and still allow high-income countries to retain their economic surpluses and manufacturers to retain their profits. Project HOPE—The People-to-People Health Foundation, Inc.

Assessment of the Cost–Benefit Literature on Early Childhood Education for Vulnerable Children

Directory of Open Access Journals (Sweden)

Kim M. Dalziel

2015-02-01

Full Text Available Given international interest in evidence-informed early education policy, we sought to interpret what is often a confusing literature on the performance of early childhood education programs. We explore whether they represent a good return on investment and the factors affecting their transferability. A systematic review was conducted to identify all cost–benefit (C-B studies of center-based programs enrolling disadvantaged children prior to age 5 compared with a matched group. From a search across all pertinent databases in 2013, 13 economic evaluations relating to six distinct programs were identified that met the inclusion criteria. Of the six programs, half were reported as producing a substantial net benefit (benefits considerably greater than cost representing a good investment, while for the other half, costs were greater than benefits. We explore possible reasons for the considerable divergence in economic outcomes. The primary driver was the divergent effectiveness of the programs reported in the original outcome studies, and to a lesser extent the scope of benefits included in the economic evaluation and period of follow-up. The context in which programs were delivered and program intensity differed markedly. The two oldest (1960s and 1970s small randomized control trials of high intensity produced far better outcomes and return on investment than more recent large-scale service delivery. This collection of C-B studies challenges the expectation of good returns on investment from the rollout of early childhood programs. A checklist is provided to assist policy makers with the interpretation of C-B studies.

The economic benefits of rainwater-runoff reduction by urban green spaces: a case study in Beijing, China.

Science.gov (United States)

Zhang, Biao; Xie, Gaodi; Zhang, Canqiang; Zhang, Jing

2012-06-15

Urbanization involves the replacement of vegetated surfaces with impervious built surfaces, and it often results in an increase in the rate and volume of rainwater surface runoff. Urban green spaces play a positive role in rainwater-runoff reduction. However, few studies have explored the benefits of rainwater-runoff reduction by urban green spaces. Based on inventory data of urban green spaces in Beijing, the paper evaluated the economic benefits of rainwater-runoff reduction by urban green spaces, using the rainwater-runoff-coefficient method as well as the economic valuation methods. The results showed that, 2494 cubic meters of potential runoff was reduced per hectare of green area and a total volume of 154 million cubic meters rainwater was stored in these urban green spaces, which almost corresponds to the annual water needs of the urban ecological landscape in Beijing. The total economic benefit was 1.34 billion RMB in 2009 (RMB: Chinese currency, US$1=RMB6.83), which is equivalent to three-quarters of the maintenance cost of Beijing's green spaces; the value of rainwater-runoff reduction was 21.77 thousand RMB per hectare. In addition, the benefits in different districts and counties were ranked in the same order as urban green areas, and the average benefits per hectare of green space showed different trends, which may be related to the impervious surface index in different regions. This research will contribute to an understanding of the role that Beijing's green spaces play in rainwater regulation and in the creation and scientific management of urban green spaces. Copyright © 2012 Elsevier Ltd. All rights reserved.

Enabling the paperless world with RosettaNet

Energy Technology Data Exchange (ETDEWEB)

Robson, C.

2004-07-01

RosettaNet implementation has grown phenomenally since 2001 when it was first used in earnest. This paper will discuss the depth and breadth of RosettaNet today as the B2B (business to business) standard of choice of the global high-technology industry. This year individual companies will be transacting billions of dollars of ''paperless'' trade using RosettaNet. As well as the basic ordering processes, the standard now supports business processes as diverse as Collaborative Forecasting, Design Win, Material Composition and Logistics. In addition, RosettaNet's formal implementation initiatives, or Milestone Programs, are in progress to develop improved capabilities in areas such as eCustoms and semi-conductor test data exchange. This paper provides a view into this paperless world from a RosettaNet vantage point. The presentation at the Electronics Goes Green Conference will include additional information from published ''benefits cases.'' (orig.)

Modeling the Economic Feasibility of Large-Scale Net-Zero Water Management: A Case Study.

Science.gov (United States)

Guo, Tianjiao; Englehardt, James D; Fallon, Howard J

  While municipal direct potable water reuse (DPR) has been recommended for consideration by the U.S. National Research Council, it is unclear how to size new closed-loop DPR plants, termed "net-zero water (NZW) plants", to minimize cost and energy demand assuming upgradient water distribution. Based on a recent model optimizing the economics of plant scale for generalized conditions, the authors evaluated the feasibility and optimal scale of NZW plants for treatment capacity expansion in Miami-Dade County, Florida. Local data on population distribution and topography were input to compare projected costs for NZW vs the current plan. Total cost was minimized at a scale of 49 NZW plants for the service population of 671,823. Total unit cost for NZW systems, which mineralize chemical oxygen demand to below normal detection limits, is projected at ~$10.83 / 1000 gal, approximately 13% above the current plan and less than rates reported for several significant U.S. cities.

Benefits of investing in ecosystem restoration.

Science.gov (United States)

DE Groot, Rudolf S; Blignaut, James; VAN DER Ploeg, Sander; Aronson, James; Elmqvist, Thomas; Farley, Joshua

2013-12-01

Measures aimed at conservation or restoration of ecosystems are often seen as net-cost projects by governments and businesses because they are based on incomplete and often faulty cost-benefit analyses. After screening over 200 studies, we examined the costs (94 studies) and benefits (225 studies) of ecosystem restoration projects that had sufficient reliable data in 9 different biomes ranging from coral reefs to tropical forests. Costs included capital investment and maintenance of the restoration project, and benefits were based on the monetary value of the total bundle of ecosystem services provided by the restored ecosystem. Assuming restoration is always imperfect and benefits attain only 75% of the maximum value of the reference systems over 20 years, we calculated the net present value at the social discount rates of 2% and 8%. We also conducted 2 threshold cum sensitivity analyses. Benefit-cost ratios ranged from about 0.05:1 (coral reefs and coastal systems, worst-case scenario) to as much as 35:1 (grasslands, best-case scenario). Our results provide only partial estimates of benefits at one point in time and reflect the lower limit of the welfare benefits of ecosystem restoration because both scarcity of and demand for ecosystem services is increasing and new benefits of natural ecosystems and biological diversity are being discovered. Nonetheless, when accounting for even the incomplete range of known benefits through the use of static estimates that fail to capture rising values, the majority of the restoration projects we analyzed provided net benefits and should be considered not only as profitable but also as high-yielding investments. Beneficios de Invertir en la Restauración de Ecosistemas. © 2013 Society for Conservation Biology.

Systems principles of planning the net cost of oil and gas extraction

Energy Technology Data Exchange (ETDEWEB)

Ryazanova, N I

1979-01-01

The automated system of calculation of ASPC ''oil extraction'' is developed in order to improve the existing system of planning of the oil extracting sector. The most complete expression of the systems construction of the plan is found in the section ''net cost and profit.'' Unity of the production process advances definite requirements for construction of the plan for net cost of oil and gas extraction as the model of this unified process. According to these requirements, the plan for net cost must be developed on the basis of interrelationship of the indicators of the plan for net cost within the section and with indicators of other sections of the plan, methodological unity and continuity of the methods of planning net cost by elements of outlays, articles of calculation and technical-economic factors, methodological continuity of regimes and stages of planning, as well as based on methodological continuity of the control levels. The listed requirements are principles for systems planning of the net cost of oil and gas extraction. These principles guarantee improvement in planning of net cost of oil and gas extraction according to the requirements made for the national economic planning.

Environmental and economic comparisons of manure application methods in farming systems.

Science.gov (United States)

Rotz, C A; Kleinman, P J A; Dell, C J; Veith, T L; Beegle, D B

2011-01-01

Alternative methods for applying livestock manure to no-till soils involve environmental and economic trade-offs. A process-level farm simulation model (Integrated Farm System Model) was used to evaluate methods for applying liquid dairy (Bos taurus L.) and swine (Sus scrofa L.) manure, including no application, broadcast spreading with and without incorporation by tillage, band application with soil aeration, and shallow disk injection. The model predicted ammonia emissions, nitrate leaching, and phosphorus (P) runoff losses similar to those measured over 4 yr of field trials. Each application method was simulated over 25 yr of weather on three Pennsylvania farms. On a swine and cow-calf beef operation under grass production, shallow disk injection increased profit by $340 yr(-1) while reducing ammonia nitrogen and soluble P losses by 48 and 70%, respectively. On a corn (Zea mays L.)-and-grass-based grazing dairy farm, shallow disk injection reduced ammonia loss by 21% and soluble P loss by 76% with little impact on farm profit. Incorporation by tillage and band application with aeration provided less environmental benefit with a net decrease in farm profit. On a large corn-and-alfalfa (Medicago sativa L.)-based dairy farm where manure nutrients were available in excess of crop needs, incorporation methods were not economically beneficial, but they provided environmental benefits with relatively low annual net costs ($13 to $18 cow). In all farming systems, shallow disk injection provided the greatest environmental benefit at the least cost or greatest profit for the producer. With these results, producers are better informed when selecting manure application equipment.

Measuring the regional economic impact of mega-events: what are the benefits of the 2014 Olympics for Sochi?

OpenAIRE

Mueller, Martin

2009-01-01

The economic benefits of mega-events such as the Olympic Games are much touted but little quantified. This paper first presents a systematisation of the money streams associated with hosting the Olympic Games and then introduces basic concepts from regional economics. On this basis it outlines a general model that could be employed to estimate the regional economic impact of tourism associated with the Olympic Winter Games in Sochi in 2014.

A Cost-Benefit Analysis of an Olympic Games

OpenAIRE

Darren McHugh

2006-01-01

This paper attempts to estimate the net benefit to Canada of the Vancouver 2010 Winter Olympic Games. Two particular classes of problems in Olympic CBA are studied in detail. The first is the unique nature of project dependency in an Olympic Games, and this is surmounted by the classification of Olympic-related costs and benefits as "Event-related" or "Infrastructure-related", with rules for handing each in the context of a CBA for an Olympic Games. The second is the estimation of net benefit...

A cost-benefit analysis of The National Map

Science.gov (United States)

Halsing, David L.; Theissen, Kevin; Bernknopf, Richard

2003-01-01

, over its 30-year projected lifespan, The National Map will bring a net present value (NPV) of benefits of $2.05 billion in 2001 dollars. The average time until the initial investments (the break-even period) are recovered is 14 years. Table ES-1 shows a running total of NPV in each year of the simulation model. In year 14, The National Map first shows a positive NPV, and so the table is highlighted in gray after that point. Figure ES-1 is a graph of the total benefit and total cost curves of a single model run over time. The curves cross in year 14, when the project breaks even. A sensitivity analysis of the input variables illustrated that these results of the NPV of The National Map are quite robust. Figure ES-2 plots the mean NPV results from 60 different scenarios, each consisting of fifty 30-year runs. The error bars represent a two-standard-deviation range around each mean. The analysis that follows contains the details of the cost-benefit analysis, the framework for evaluating economic benefits, a computational simulation tool, and a sensitivity analysis of model variables and values.

Brazilian waste potential: energy, environmental, social and economic benefits

International Nuclear Information System (INIS)

Oliveira, L.B.; Rosa, L.P.

2003-01-01

The potential energy that could be produced from solid wastes in Brazil tops 50 TWh. Equivalent to some 17% of the nation's total power consumption at costs that are competitive with more traditional options, this would also reduce greenhouse gases emissions. Moreover, managing wastes for energy generation purposes could well open up thousands of jobs for unskilled workers. Related to power generation and conservation, energy use requires discussions on the feasibility of each energy supply option, and comparison between alternatives available on the market. Power conservation is compared to projects implemented by the Federal Government, while power generation is rated against thermo-power plants fired by natural gas running on a combined cycle system. Although the operating costs of selective garbage collection for energy generation are higher than current levels, the net operating revenues of this scheme reach some US$ 4 billion/year. This underpins the feasibility of garbage management being underwritten by energy uses and avoided environmental costs. The suggested optimization of the technical, economic, social and environmental sustainability of the expansion of Brazil's power sector consists of compatibilizing the use of fossil and renewable fuels, which is particularly relevant for hybrid thermo-power plants with null account on greenhouse gases emissions

Type 1 Diabetes TrialNet--an international collaborative clinical trials network.

Science.gov (United States)

Skyler, Jay S; Greenbaum, Carla J; Lachin, John M; Leschek, Ellen; Rafkin-Mervis, Lisa; Savage, Peter; Spain, Lisa

2008-12-01

Type 1 Diabetes TrialNet is an international consortium of clinical research centers aimed at the prevention or delay of type 1 diabetes (T1D). The fundamental goal of TrialNet is to counter the T1D disease process by immune modulation and/or enhancement of beta cell proliferation and regeneration. To achieve this goal, TrialNet researchers are working to better understand the natural history of the disease, to identify persons at risk, and to clinically evaluate novel therapies that balance potential risks and benefits. The particular focus is on studies of preventive measures. In addition, TrialNet evaluates therapies in individuals with newly diagnosed T1D with preserved beta cell function to help determine the risk/benefit profile and gain an initial assessment of potential efficacy in preservation of beta cell function, so that promising agents can be studied in prevention trials. In addition, TrialNet evaluates methodologies that enhance the conduct of its clinical trials, which includes tests of outcome assessment methodology, the evaluation of surrogate markers, and mechanistic studies laying the foundation for future clinical trials.

Evaluating the Life Cycle Environmental Benefits and Trade-Offs of Water Reuse Systems for Net-Zero Buildings.

Science.gov (United States)

Hasik, Vaclav; Anderson, Naomi E; Collinge, William O; Thiel, Cassandra L; Khanna, Vikas; Wirick, Jason; Piacentini, Richard; Landis, Amy E; Bilec, Melissa M

2017-02-07

Aging water infrastructure and increased water scarcity have resulted in higher interest in water reuse and decentralization. Rating systems for high-performance buildings implicitly promote the use of building-scale, decentralized water supply and treatment technologies. It is important to recognize the potential benefits and trade-offs of decentralized and centralized water systems in the context of high-performance buildings. For this reason and to fill a gap in the current literature, we completed a life cycle assessment (LCA) of the decentralized water system of a high-performance, net-zero energy, net-zero water building (NZB) that received multiple green building certifications and compared the results with two modeled buildings (conventional and water efficient) using centralized water systems. We investigated the NZB's impacts over varying lifetimes, conducted a break-even analysis, and included Monte Carlo uncertainty analysis. The results show that, although the NZB performs better in most categories than the conventional building, the water efficient building generally outperforms the NZB. The lifetime of the NZB, septic tank aeration, and use of solar energy have been found to be important factors in the NZB's impacts. While these findings are specific to the case study building, location, and treatment technologies, the framework for comparison of water and wastewater impacts of various buildings can be applied during building design to aid decision making. As we design and operate high-performance buildings, the potential trade-offs of advanced decentralized water treatment systems should be considered.

Net-energy analysis of nuclear and wind power systems

International Nuclear Information System (INIS)

Tyner, G.T. Sr.

1985-01-01

The following question is addressed: can nuclear power and wind power (a form of solar energy) systems yield enough energy to replicate themselves out of their own energy and leave a residual of net energy in order to provide society with its needs and wants. Evidence is provided showing that there is a proportionality between the real monetary cost and energy inputs. The life-cycle, economic cost of the energy-transformation entity is the basis for calculating the amount of energy needed, as inputs, to sustain energy transformation. This study is unique as follows: others were based on preliminary cost and performance estimates. This study takes advantage of updated cost and performance data. Second, most prior studies did not include the energy cost of labor, government, and financial services, transmission and distribution, and overhead in arriving at energy inputs. This study includes all economic costs as a basis for calculating energy-input estimates. Both static (single-entity analysis) and dynamic (total systems over time) analyses were done and the procedures are shown in detail. It was found that the net-energy yield will be very small and most likely negative. System costs must be substantially lowered or efficiencies materially improved before these systems can become sources of enough net energy to drive the United States economic system at even the present level of economic output

Business Profile of Boat Lift Net and Stationary Lift Net Fishing Gear in Morodemak Waters Central Java

Science.gov (United States)

Hapsari, Trisnani D.; Jayanto, Bogi B.; Fitri, Aristi D. P.; Triarso, I.

2018-02-01

Lift net is one of the fishing gears that is used widely in the Morodemak coastal fishing port (PPP) for catching pelagic fish. The yield of fish captured by these fishing gear has high economic value, such as fish belt (Trichiurus sp), squids (Loligo sp) and anchovies (Stelophorus sp). The aims of this research were to determine the technical aspects of boat lift net and stationary lift net fishing gear in Morodemak Waters Demak Regency; to find out the financial aspect of those fishing gears and to analyze the financial feasibility by counting PP, NPV, IRR, and B/C ratio criteria. This research used case study method with descriptive analysis. The sampling method was purposive sampling with 22 fishermen as respondents. The result of the research showed that the average of boat lift net acceptance was Rp 388,580,000. The financial analysis of fisheries boat lift net with the result of NPV Rp 836,149,272, PP 2.44 years, IRR value 54%, and B/C ratio 1.73. The average of stationary lift net acceptance was Rp 27,750,000. The financial analysis lift net with the result of NPV Rp 37,937,601; PP 1.96 years, IRR value 86%, and B/C ratio 1.32. This research had a positive NPV value, B/C ratio >1, and IRR > discount rate (12 %). This study concluded that the fishery business of boat lift net and stationary lift net in Morodemak coastal fishing port (PPP) was worth running.

Analisis Pengaruh System Quality, Information Quality, Service Quality Terhadap Net Benefit Pada Sistem KRS-Online UMM

Directory of Open Access Journals (Sweden)

Muhammad Asrar Fathoni

2017-07-01

Full Text Available Implementasi sitem informasi KRS-Online dalam perkuliahan digunakan untuk membantu proses penyusunan KRS oleh setiap mahasiswa Universitas Muhammadiyah Malang. Penelitian ini bertujuan untuk mengukur dan menguji variabel-variabel serta indikator yang memperngaruhi kesuksesan sistem informasi KRS-Online UMM. Model penelitian ini mengadopsi model penelitian Delone and Mclean IS Success. Satu set kuisoner yang disusun dalam penelitian ini disebarkan kepada 100 responden yang memiliki kualifikasi sebagai mahasiswa pengguna sistem KRS-Online.Uji validitas dan uji reliabilitas dilakukan untuk memperoleh data yang valid dan reliabel. Hasil penelitian menunjukkan bahwa kualitas sistem memiliki pengaruh yang signifikan antara terhadap kepuasan pengguna, kualitas informasi memiliki pengaruh yang signifikan terhadap kepuasan pengguna, kualitas layanan memiliki pengaruh yang signifikan terhadap kepuasan pengguna dan kepuasan pengguna memiliki pengaruh yang signifikan terhadap net benefit. Berdasarkan hasil analisa, kesuksesan sistem informasi KRS-Online UMM memiliki presentase sebesar 70,5% yang artinya kesuksesan sistem informasi KRS-Online UMM berada pada tingkatan “sukses”.

The Generalized Roy Model and the Cost-Benefit Analysis of Social Programs*

Science.gov (United States)

Eisenhauer, Philipp; Heckman, James J.; Vytlacil, Edward

2015-01-01

The literature on treatment effects focuses on gross benefits from program participation. We extend this literature by developing conditions under which it is possible to identify parameters measuring the cost and net surplus from program participation. Using the generalized Roy model, we nonparametrically identify the cost, benefit, and net surplus of selection into treatment without requiring the analyst to have direct information on the cost. We apply our methodology to estimate the gross benefit and net surplus of attending college. PMID:26709315

The Generalized Roy Model and the Cost-Benefit Analysis of Social Programs.

Science.gov (United States)

Eisenhauer, Philipp; Heckman, James J; Vytlacil, Edward

2015-04-01

The literature on treatment effects focuses on gross benefits from program participation. We extend this literature by developing conditions under which it is possible to identify parameters measuring the cost and net surplus from program participation. Using the generalized Roy model, we nonparametrically identify the cost, benefit, and net surplus of selection into treatment without requiring the analyst to have direct information on the cost. We apply our methodology to estimate the gross benefit and net surplus of attending college.

International Fisheries Management and Recreational Benefits

DEFF Research Database (Denmark)

Oinonen, Soile; Grønbæk, Lone; Laukkanen, Marita

2016-01-01

This article studies how accounting for the benefits of recreational fisheries affects the formation and stability of an international fisheries agreement (IFA) on the management of Baltic salmon stocks. The interaction between four countries is modelled through a partition function game, under two...... scenarios. In the first scenario, countries take their participation decision for the IFA based only on the net present value of profits from commercial fisheries. In the second scenario, the net present value of the recreational benefits from angling is also considered. The results show that accounting...... for recreational benefits leads to the formation of the grand coalition, whereas only partial cooperation occurs when payoffs are confined to profits from commercial fisheries....

Benefit Analysis of Emergency Standby System Promoted to Cogeneration System

Directory of Open Access Journals (Sweden)

Shyi-Wen Wang

2016-07-01

Full Text Available Benefit analysis of emergency standby system combined with absorption chiller promoted to cogeneration system is introduced. Economic evaluations of such upgraded projects play a major part in the decisions made by investors. Time-of-use rate structure, fuel cost and system constraints are taken into account in the evaluation. Therefore, the problem is formulated as a mixed-integer programming problem. Using two-stage methodology and modified mixed-integer programming technique, a novel algorithm is developed and introduced here to solve the nonlinear optimization problem. The net present value (NPV method is used to evaluate the annual benefits and years of payback for the cogeneration system. The results indicate that upgrading standby generators to cogeneration systems is profitable and should be encouraged, especially for those utilities with insufficient spinning reserves, and moreover, for those having difficulty constructing new power plants.

Nonenergy Benefits from the Weatherization Assistance Program: A Summary of Findings from the Recent Literature

Energy Technology Data Exchange (ETDEWEB)

Schweitzer, M.

2002-04-25

The purpose of this project is to summarize findings reported in the recent literature on nonenergy benefits attributable to the weatherizing of low income homes. This study is a follow-up to the seminal research conducted on the nonenergy benefits attributable to the Department of Energy's national Weatherization Assistance Program by Brown et al. (1993). For this review, nonenergy benefits were broken into three major categories: (1) ratepayer benefits; (2) household benefits; and (3) societal benefits. The ratepayer benefits can be divided into two main subcategories: payment-related benefits and service provision benefits. Similarly, there are two key types of household benefits: those associated with affordable housing and those related to safety, health, and comfort. Societal benefits can be classified as either environmental, social, or economic. Fig. E.S. 1 presents point estimates of the average lifetime monetary value per weatherized home resulting from low income weatherization programs for the key benefit types listed above. These benefits represent net present value estimates (i.e., estimates of the current worth of all benefits expected over the lifetime of the weatherization measures), assuming a 20-year lifetime for installed energy efficiency measures and a 3.2% discount rate. Overall, societal benefits are estimated to be substantially larger than ratepayer and household benefits. Ranges for the societal benefits are also much greater than for the other two categories of nonenergy benefits. The total monetized value for all nonenergy benefit categories associated with weatherizing a home is estimated to be $3346, in 2001 dollars. This represents a national average which, like any point estimate, has considerable uncertainty associated with it. This figure is substantially higher than the total value of nonenergy benefits presented a decade ago in the national weatherization evaluation (Brown et al. 1993) because the current study quantified a

ECONOMIC BENEFITS OF LEFT VENTRICULAR HYPERTROPHY REGRESSION IN PATIENTS WITH ARTERIAL HYPERTENSION

Directory of Open Access Journals (Sweden)

E. I. Tarlovskaya

2011-01-01

Full Text Available Aim. To evaluate by modelling the economic benefits of left ventricular hypertrophy (LVH regression in patients with arterial hypertension (HT due to therapy with fixed combination of valsartan/amlodipine.  Material and methods. 20 patients (15 females and 5 males, aged 18 to 70 years with essential HT accompanied by metabolic syndrome with a history of previous ineffective antihypertensive therapy were included into the study. All patients were treated with fixed combination of amlodipine/valsartan in doses of 5/160 and 10/160 mg depending on blood pressure (BP level. Treatment duration was 24 weeks. Changes in BP level, LVH regression were assessed. Economic evaluation was performed on the basis of modelling with the specialized software Decision Tree 4.xla. Results. Effect of fixed amlodipine/valsartan combination therapy on LVH was used to estimate treatment effectiveness and to build the model. Patients were distributed according to left ventricular (LV mass (at baseline and after 24 weeks of therapy. Significant decrease in LV mass from 205.8±50.4 to 181.9±45.1 g (p<0.05 was revealed. The model took into account economic and frequency factors for 10 year prognosis: this therapy prevents 36 deaths, 6 strokes, 24 myocardial infarction per 1000 patients. Absence of need in treatment of these prevented events can save 2 516 772.42 RUR for every 1 000 patients. It would reduce the total costs per patient during 10 years. Conclusion. Treatment with amlodipine/valsartan single pill combination has not only clinical advantages, but also pharmacoeconomic benefits. This combination reduces risk of acute myocardial infarction and death more effectively. Treatment with fixed valsartan/amlodipine combination saves maximum years of life with less cost during 10 years. Despite of higher pharmacotherapy costs, fixed valsartan/amlodipine combination reduces total costs due to prevention of fatal and nonfatal cardiovascular events.

Nature of local benefits to communities impacted by sour gas development : Public safety and sour gas recommendation 79 : Final report

International Nuclear Information System (INIS)

2003-09-01

The Provincial Advisory Committee on Public Safety and Sour Gas of Alberta issued a report in December 2002, in which recommendations were made on how to improve the sour gas regulatory system and reduce the impacts of sour gas on public safety and health. Recommendation 79 of this report called for a study to determine the nature of local benefits such as property taxes and local business opportunities, to communities affected by sour gas development. The present document was prepared by a multi-stake holder committee consisting of representatives from municipal government, academia, industry associations, the provincial government, and the public. One of its objectives was to identify matters of importance to stake holders concerning the study. The committee examined three major areas: economic benefit, net financial benefit to municipalities, and impact of sour gas development on local residents. The results indicated that the province and municipalities in which sour gas activities take place benefit from these activities. All Albertans benefit somewhat, and those living in areas where the sour gas industry operates might benefit through employment or the net benefit accrued to municipal government. A detailed quantification of local benefits at the municipal level for individuals was provided in this document. A full accounting of costs or negative impacts that may affect some individuals was not provided. refs., 6 tabs

Macro-economic analysis of forestry options on carbon sequestration in India

International Nuclear Information System (INIS)

Kadekodi, Gopal K.; Ravindranath, N.H.

1997-01-01

There is a need to evaluate the additional spending on forestry by analysing the environmental (particularly carbon abatement), social and economic benefits. The biomass needs for India are expected to increase by two to three times by 2020. Depending upon the forest types, ownership patterns and land use patterns, feasible forestry options are identified. It is found among many supply options to be feasible to meet the 'demand based needs' with a mix of management options, species choices and organisational set up. A comparative static framework is used to analyze the macro-economic impacts. Forestry accounts for 1.84% of GNP in India. It is characterized by significant forward industrial linkages and least backward linkage. Forestry generates about 36 million person years of employment annually. India imports Rs. 15 billion worth of forest based materials annually. Implementation of the demand based forestry options can lead to a number of ecological, economic and institutional changes. The notable ones are: enhancement of C stock from 9578 to 17094 Mt and a net annual C-sequestration from 73 to 149 Mt after accounting for all emissions; a trebling of the output of forestry sector from Rs. 49 billion to Rs. 146 billion annually; an increase in GDP contribution of forestry from Rs. 32 billion to Rs. 105 billion over a period of 35 years; an increase in annual employment level by 23 million person years; emergence of forestry as a net contributor of foreign exchange through trading of forestry products; and an increase in economic value of forest capital stock by Rs. 7260 billion with a cost benefit analysis showing forestry as a profitable option. Implementation of forestry options calls for an understanding of current forest policies and barriers which are analyzed and a number of policy options are suggested

Economic evaluation of a participatory ergonomics intervention in a textile plant.

Science.gov (United States)

Tompa, Emile; Dolinschi, Roman; Natale, Julianne

2013-05-01

In this study we report on the economic evaluation of a participatory ergonomics process undertaken at a clothing manufacturer in Southwestern Ontario, Canada that employs approximately 300 workers. We undertake a cost-benefit analysis from the company perspective. Intervention costs amounted to $65,787 and intervention benefits $360,614 (2011 Canadian dollars). The net present value was $294,827, suggesting that the intervention was worth undertaking based on the costs and consequences over the measurement period spanning more than four years. Based on these costs and benefits, the benefit-to-cost ratio is 5.5. Overall, the findings from this study suggest that participatory ergonomics interventions can be cost beneficial from the company perspective. Even though the changes were typically low-cost and low-tech interventions implemented by the plant mechanics and maintenance personnel, benefits were realized on both the health and financial fronts. Copyright © 2012 Elsevier Ltd and The Ergonomics Society. All rights reserved.

SEASAT economic assessment. Volume 1: Summary and conclusions. [management analysis of the economic benefits of the SEASAT program

Science.gov (United States)

1975-01-01

A summary is presented of the economic benefits that can be derived from using the SEASAT Satellite System. A statement of the major findings of case studies of the practical applications of the SEASAT program to the following areas is given: (1) offshore oil and natural gas industry, (2) ocean mining, (3) coastal zones, (4) oil exploration in Arctic regions, (5) ocean fishing, and (6) ports and harbors. Also given is a description of the SEASAT System and its performance. A computer program, used to optimize SEASAT System's costs and operational requirements, is also considered.

Thermo-economic optimization of heat recovery steam generator for a range of gas turbine exhaust temperatures

International Nuclear Information System (INIS)

Nadir, Mahmoud; Ghenaiet, Adel; Carcasci, Carlo

2016-01-01

Highlights: • Thermo-economic optimization of HRSG configurations. • The maximum value of the net present value was targeted for the economic optimization. • Three level HRSG is the best option in respect of power output and high priced medium. • Two level HRSG is the best for net benefit in low and intermediate priced mediums. - Abstract: This paper illustrates the effect of selling price on the optimum design parameters of a heat recovery steam generator (HRSG) and the selection of its ideal configuration for an outlet temperature range of 350–650 °C. The Particle Swarm Optimization (PSO) method was used, considering the steam cycle specific work as an objective to be maximized, the net present value as another objective to be maximized for the economic optimization and a combination of both. Three configurations of heat recovery steam generators are considered with one, two and three pressure levels and a reheat. The results show that, the three pressure level system is the best configuration from a thermodynamic point of view, but with respect to the economical aspect the two pressure levels is the best configuration for the low and medium selling prices (0.04 $/kW h, 0.08 $/kW h and 0.2 $/kW h), whereas the three pressure level configuration would only be interesting for a high selling price of 0.3 $/kW h and a temperature range 450–600 °C. For a temperature of 650 °C, the high cost of the three level system leads to a decrease in the net present value. As the selling price increases the optimized design parameters of the three pressure level HRSG based on economic or thermodynamic optimization are similar. The obtained results are used to elaborate a new correlation relating the net present value with the gas turbine outlet temperature, gas mass flow rate, number of levels of HRSG and selling price.

Economic Evaluation and Impact Analysis of SMART

International Nuclear Information System (INIS)

Jeong, K. H.; Kim, J. H.; Boo, K. D.; Park, S. B.

2010-07-01

The objective of this study is to analyze the economic value and contribution to the national economy of the SMART project. This study tries to evaluate three kinds of values of the project separately; national economy contribution, the financial cost-benefit analysis and intangible social benefit of the project. The research methods are Net Present Valuation (NPT) for the first analysis, Input-Output (IO) model for the second analysis and Contingent Valuation Method(CVM) for the last analysis. This study tries to answer for the following questions: (1) how much does the project affect on Korean national economy in area of construction, electricity generation and export? (2) what is the financial cost - benefit assessment of the SMART project which is of the most interest to the private sector constructing the reactor? (3) how much is the project's intangible social gains in that it brings Korea's scientific development in area of nuclear generation and improves Korea's global standing? Main Results of Research are (1) Domestic Construction and Electricity Generation of the 1st Reactor A. Contribution to the National Economy Production inducing effect by the domestic construction and generation of the 1st reactor amounts to 1,801 ∼2,059 billion won, value added inducing effect amounts to 789∼919 billion won, and employment inducing effect amounts to 11,015∼12, 856 men. B. Financial Cost-Benefit Assessment Financial cost - benefit of the domestic construction and generation of the 1st reactor turns out to be economically non-profitable from the point of view of private companies participating the project, by having economic loss over all scenarios of construction costs. C. Combining Financial Cost-Benefit Assessment and Contribution to the National Economy's Value-Added Combining financial cost - benefit and value added inducing effect of the domestic construction and generation of the 1st reactor turns out to be economically valid from the point of view of

Economic Benefits of Investing in Women’s Health: A Systematic Review

Science.gov (United States)

Bloom, David E.

2016-01-01

Background Globally, the status of women’s health falls short of its potential. In addition to the deleterious ethical and human rights implications of this deficit, the negative economic impact may also be consequential, but these mechanisms are poorly understood. Building on the literature that highlights health as a driver of economic growth and poverty alleviation, we aim to systematically investigate the broader economic benefits of investing in women’s health. Methods Using the Preferred Reporting Items for Systematic Reviews and Meta-Analysis (PRISMA) guidelines, we systematically reviewed health, gender, and economic literature to identify studies that investigate the impact of women’s health on micro- and macroeconomic outcomes. We developed an extensive search algorithm and conducted searches using 10 unique databases spanning the timeframe 01/01/1970 to 01/04/2013. Articles were included if they reported on economic impacts stemming from changes in women’s health (table of outcome measures included in full review, Table 1). In total, the two lead investigators independently screened 20,832 abstracts and extracted 438 records for full text review. The final review reflects the inclusion of 124 articles. Results The existing literature indicates that healthier women and their children contribute to more productive and better-educated societies. This study documents an extensive literature confirming that women’s health is tied to long-term productivity: the development and economic performance of nations depends, in part, upon how each country protects and promotes the health of women. Providing opportunities for deliberate family planning; healthy mothers before, during, and after childbirth, and the health and productivity of subsequent generations can catalyze a cycle of positive societal development. Conclusions This review highlights the untapped potential of initiatives that aim to address women’s health. Societies that prioritize women�

Net Income, Book Value and Cash Flows: The Value Relevance in Jordanian Economic Sectors

Directory of Open Access Journals (Sweden)

DHIAA SHAMKI

2013-07-01

Full Text Available This paper examines the value relevance of financial statements variables namely net income, book value and cash flows simultaneously relative to Jordanian services and industrial firms for the period from 2000 to 2009. The main findings of this paper are three- dimensional. First, net income is value relevant, while book value and cash flows are irrelevant. Second, net income is more value relevant than book value and cash flows in both sectors. Third, this value relevance is greater in services sector than in industrial sector. The study shows that net income assist more in explaining market values in Jordanian services and industrial firms. Since research on the value relevance of these variables has neglected Jordan (and the Middle Eastern region, the study tries to fill this practical gap. The study is the first in Jordan that examines the value relevance of net income, book value and cash flows simultaneously and compares this value relevance according to Amman Stock Exchange sectors in one study in Jordan.

Techno-economic and environmental analysis of power generation expansion plan of Ghana

International Nuclear Information System (INIS)

Awopone, Albert K.; Zobaa, Ahmed F.; Banuenumah, Walter

2017-01-01

This paper examines the current electrical generation expansion plan of Ghana and compares it with proposed expansion pathways with higher penetration of Renewable Energy Technologies. An adaptation of Schwartz's Scenario Methodology was used to develop the scenarios which were then analysed using the Long-range Alternatives Planning (LEAP) model. Each of the scenarios represents policy options for generation expansion in Ghana up to 2040. Energy, economic and environmental analysis of the three alternative scenarios compared to the base scenarios was undertaken. Sensitivity results show that, if the country were to follow the generation expansion path described in the renewable energy scenarios, it could reap economic benefits of 0.5–13.23% depending on the developments in fuel prices and renewable technology capital cost. The analysis further quantifies benefits to be derived from a reduction in Greenhouse gases of the scenarios. Policy implications for the generation system of Ghana based on the results are also discussed. - Highlights: • LEAP demand projection for Ghana from 2010 to 2014. • Develop scenarios using an adaptation of Schwartz’s scenario approach. • Develop LEAP model for generation scenario. • Each scenario represents possible generation expansion strategy. • High renewable energy systems penetration results in net economic and environmental benefits.

Determining a sustainable and economically optimal wastewater treatment and discharge strategy.

Science.gov (United States)

Hardisty, Paul E; Sivapalan, Mayuran; Humphries, Robert

2013-01-15

Options for treatment and discharge of wastewater in regional Western Australia (WA) are examined from the perspective of overall sustainability and social net benefit. Current practice in the state has typically involved a basic standard of treatment deemed to be protective of human health, followed by discharge to surface water bodies. Community and regulatory pressure to move to higher standards of treatment is based on the presumption that a higher standard of treatment is more protective of the environment and society, and thus is more sustainable. This analysis tests that hypothesis for Western Australian conditions. The merits of various wastewater treatment and discharge strategies are examined by quantifying financial costs (capital and operations), and by monetising the wider environmental and social costs and benefits of each option over an expanded planning horizon (30 years). Six technical treatment-disposal options were assessed at a test site, all of which met the fundamental criterion of protecting human health. From a financial perspective, the current business-as-usual option is preferred - it is the least cost solution. However, valuing externalities such as water, greenhouse gases, ecological impacts and community amenity, the status quo is revealed as sub-optimal. Advanced secondary treatment with stream disposal improves water quality and provides overall net benefit to society. All of the other options were net present value (NPV) negative. Sensitivity analysis shows that the favoured option outperforms all of the others under a wide range of financial and externality values and assumptions. Expanding the findings across the state reveals that moving from the identified socially optimal level of treatment to higher (tertiary) levels of treatment would result in a net loss to society equivalent to several hundred million dollars. In other words, everyone benefits from improving treatment to the optimum point. But society, the environment, and

Lifetime distributional effects of Social Security retirement benefits.

Science.gov (United States)

Smith, Karen; Toder, Eric; Iams, Howard

This article presents three measures of the distribution of actual and projected net benefits (benefits minus payroll taxes) from Social Security's Old-Age and Survivors Insurance (OASI) for people born between 1931 and 1960. The results are based on simulations with the Social Security Administration's Model of Income in the Near Term (MINT), which projects retirement income through 2020. The base sample for MINT is the U.S. Census Bureau's Survey of Income and Program Participation panels for 1990 to 1993, matched with Social Security administrative records. The study population is grouped into 5-year birth cohorts and then ranked by economic status in three ways. First, the population is divided into five groups on the basis of individual lifetime covered earnings, and their lifetime present values of OASI benefits received and payroll taxes paid are calculated. By this measure, OASI provides much higher benefits to the lowest quintile of earners than to other groups, but it becomes less redistributive toward lower earners in more recent birth cohorts. Second, people are ranked by shared lifetime covered earnings, and the values of shared benefits received and payroll taxes paid are computed. Individuals are assumed to split covered earnings, benefits, and payroll taxes with their spouses in the years they are married. By the shared covered earnings measure, OASI is still much more favorable to persons in the lower income quintiles, although to a lesser degree than when people are ranked by individual covered earnings. OASI becomes more progressive among recent cohorts, even as net lifetime benefits decline for the entire population. Finally, individuals are ranked on the basis of their shared permanent income from age 62, when they become eligible for early retirement benefits, until death. Their annual Social Security benefits are compared with the benefits they would have received if they had saved their payroll taxes in individual accounts and used the

MODELING ECONOMIC AND ECOLOGICAL BENEFITS OF POST-FIRE REVEGETATION IN THE GREAT BASIN

OpenAIRE

Niell, Rebecca; Englin, Jeffrey E.; Nalle, Darek

2004-01-01

This study employs a Markov chain model of vegetation dynamics to examine the economic and ecological benefits of post-fire revegetation in the Great Basin sagebrush steppe. The analysis is important because synergies between wildland fire and invasive weeds in this ecosystem are likely to result in the loss of native biodiversity, less predictable forage availability for livestock and wildlife, reduced watershed stability and water quality, and increased costs and risk associated with firefi...

Economic Evaluation and Overall Assessment of Water Harvesting Ponds based on Scorecard System: A Case Study

Science.gov (United States)

Dabral, P. P.; Kumar, Santosh; Kiku, Karmchand

2017-12-01

In the present study, an attempt has been made to carry out an economic analysis of three (03) water harvesting ponds situated in the district of Lakhimpur (Assam), India. Economic analysis was carried out using three important economic criteria, namely Benefit Cost Ratio (BCR), Net Present Worth (NPW) and the Internal Rate of Returns (IRR). Ponds of the study area were compared with adopting score card system. All the water harvesting ponds were found economically viable as the BCR was more than unity at 12% discount rate. Net present worth was the highest for the water harvesting pond of Radhapukheri Fish Seed Farm, Department of Fisheries, Govt. of Assam, Narayanpur and the least for water harvesting pond of St. Xavier's School, Harmoti. The IRR was found to be the highest (60%) for water harvesting ponds of St. Xavier's School, Harmoti followed by water harvesting pond of a farmer of Narayanpur (48%) and water harvesting pond of Radhapukheri Fish Seed Farm (19.2%).Water harvesting pond of Radhapukheri Fish Seed Farm, Narayanpur scored the highest score (84 marks) followed by water harvesting pond of a farmer of Narayanpur (80 marks) and St. Xavier's school, Harmoti (61 marks).

Current Status and Future Prospect of K-NET and KiK-net

Science.gov (United States)

Aoi, S.; Kunugi, T.; Suzuki, W.; Nakamura, H.; Fujiwara, H.

2014-12-01

During 18 years since the deployment of K-NET following the Kobe earthquake, our attention has mainly focused on rapidity of the data collection and an unfailing and reliable observation. In this presentation, we review three generations of the instruments employed by K-NET and KiK-net from these two points of view.At beginning of the 2000's, we newly developed the second generation instruments (K-NET02, K-NET02A, KiK-net06) to replace the first generation instruments (K-NET95, SMAC-MDK) employed when the networks were constructed in the 1990's. These instruments have an automatic dial-out function. It takes typically 2-5 s to establish communication and a few seconds to send the pre-trigger data. After that, data is available typically within a 1.5 s delay. Not only waveform data but also strong motion indexes such as real-time intensity, PGA, PGV, PGD, and response spectra are continuously sent once a second.After the 2011 Tohoku earthquake, we have developed the third generation instruments (K-NET11, KiK-net11) and have replaced almost half of the all stations country wide. Main improvement of this instrument is more unfailing and reliable observation. Because we have often experienced very large ground motions (e.g. 45 records exceeding gravity), the maximum measureable range was expanded from 2000 gal to 4000 gal for the second generation instrument, and to 8000 gal for the third. For the third generation instrument, in case of power failure, observation (including transmission of data) works for seven days thanks to the backup battery, while for the second generation instruments it works only for one day. By adding an oblique component to the three-component accelerometers, we could automatically distinguish shaking data from noise such as electric pulses which may cause a false alarm in EEW. Implementation to guarantee the continuity of observation under severe conditions such as during the Tohoku earthquake is very important, as well as a highly efficient

Integrated assessment of the health and economic benefits of long-term renewable energy development in China

Science.gov (United States)

Dai, H.; Xie, Y.; Zhang, Y.

2017-12-01

Context/Purpose: Power generation from renewable energy (RE) could substitute huge amount of fossil energy in the power sector and have substantial co-benefits of air quality and human health improvement. In 2016, China National Renewable Energy Center (CNREC) released China Renewable Energy Outlook, CREO2016 and CREO2017, towards 2030 and 2050, respectively, in which two scenarios are proposed, namely, a conservative "Stated Policy" scenario and a more ambitious "High RE" scenario. This study, together with CNREC, aims to quantify the health and economic benefits of developing renewable energy at the provincial level in China up to 2030 and 2050. Methods: For this purpose, we developed an integrated approach that combines a power dispatch model at CNREC, an air pollutant emission projection model using energy consumption data from the Long-range Energy Alternatives Planning System (LEAP) model, an air quality model (GEOS-Chem at Harvard), an own-developed health model, and a macro economic model (Computable General Equilibrium model). Results: All together, we attempt to quantify how developing RE could reduce the concentration of PM2.5 and ozone in 30 provinces of China, how the human health could be improved in terms of mortality, morbidity and work hour loss, and what is the economic value of the health improvement in terms of increased GDP and the value of statistical life lost. The results show that developing RE as stated in the CREO2016 could prevent chronic mortality of 286 thousand people in China in 2030 alone, the value of saved statistical life is worthy 1200 billion Yuan, equivalent to 1.2% of GDP. In addition, averagely, due to reduced mortality and improved morbidity each person could work additionally by 1.16 hours per year, this could contribute to an increase of GDP by 0.1% in 2030. The assessment up to 2050 is still underway. Interpretation: The results imply that when the external benefit of renewable energy is taken into account, RE could be

The economic costs and benefits of potassium iodide prophylaxis for a reference LWR facility in the United States

International Nuclear Information System (INIS)

Behling, U.H.; Behling, K.

1995-01-01

Policy decisions relating to radiation protection are commonly based on an evaluation in which the benefits of exposure reduction are compared to the economic costs of the protective measure. A generic difficulty countered in cost-benefit analyses, however, is the quantification of major elements that define the costs and the benefits in commensurate units. In this study, the costs of making KI (potassium iodine) available for public use and the avoidance of thyroidal health effects (i.e., the benefit) in the event of nuclear emergency are defined in the commensurate units of dollars. (Authors). 11 refs., 15 tabs

Economic evaluation of indirect use activities in a private natural heritage reserve

Directory of Open Access Journals (Sweden)

Keila Lima Sanches

2011-06-01

Full Text Available This study aimed to evaluate the economic viability of indirect use activities as developed in a private natural heritage reserve (RPPN. Activities developed in the RPPN include Adventure Tourism and an Ecological Trail. Data were obtained relating to annual number of people visiting the reserve, prices paid to participate in activities, cost of land, maintenance costs and labor costs. Economic criteria used include Net Present Value (VPL and Equivalent Periodic Benefit (BPE. In the 1996-2008 period the number of visitors increased by 6% a year, and the average annual number of visitors to the RPPN was 8,889. It was concluded that indirect use activities in the RPPN are economically viable and can coexist with other direct soil use activities such as eucalyptus cultivation.

Using Net-Zero Energy Projects to Enable Sustainable Economic Redevelopment at the Former Brunswick Air Naval Base

Energy Technology Data Exchange (ETDEWEB)

Huffman, S.

2011-10-01

A Study Prepared in Partnership with the Environmental Protection Agency for the RE-Powering America's Land Initiative: Siting Renewable Energy on Potentially Contaminated Land and Mine Sites. The Brunswick Naval Air Station is a naval air facility and Environmental Protection Agency (EPA) Super Fund site that is being cleaned up, and closed down. The objective of this report is not only to look at the economics of individual renewable energy technologies, but also to look at the systemic benefits that can be gained when cost-effective renewable energy technologies are integrated with other systems and businesses in a community; thus multiplying the total monetary, employment, and quality-of-life benefits they can provide to a community.

Economic valuation of environmental benefits of removing pharmaceutical and personal care products from WWTP effluents by ozonation

Energy Technology Data Exchange (ETDEWEB)

Molinos-Senante, M., E-mail: maria.molinos@uv.es [Department of Mathematics for Economy, Universitat de Valencia, Campus dels Tarongers, 46022 Valencia (Spain); Reif, R., E-mail: rreif@icra.cat [Laboratory of Chemical and Environmental Engineering (LEQUIA), Universitat de Girona, Facultat Ciències, Campus Montilivi, 17071 Girona (Spain); Chemical Engineering Department, Universidade de Santiago de Compostela, Rua Lope Gomez de Marzoa s/n, 15782 Santiago de Compostela (Spain); Garrido-Baserba, M., E-mail: mgarrido@icra.cat [Catalan Institute for Water Research, Scientific and Technological Park, H2O Building, Emili Grahit 101, 17003 Girona (Spain); Laboratory of Chemical and Environmental Engineering (LEQUIA), Universitat de Girona, Facultat Ciències, Campus Montilivi, 17071 Girona (Spain); Hernández-Sancho, F., E-mail: francesc.hernandez@uv.es [Department of Applied Economics II, Universitat de Valencia, Campus dels Tarongers, 46022 Valencia (Spain); Omil, F., E-mail: francisco.omil@usc.es [Chemical Engineering Department, Universidade de Santiago de Compostela, Rua Lope Gomez de Marzoa s/n, 15782 Santiago de Compostela (Spain); Poch, M., E-mail: manel@lequia.udg.edu [Catalan Institute for Water Research, Scientific and Technological Park, H2O Building, Emili Grahit 101, 17003 Girona (Spain); Laboratory of Chemical and Environmental Engineering (LEQUIA), Universitat de Girona, Facultat Ciències, Campus Montilivi, 17071 Girona (Spain); Sala-Garrido, R., E-mail: ramon.sala@uv.es [Department of Mathematics for Economy, Universitat de Valencia, Campus dels Tarongers, 46022 Valencia (Spain)

2013-09-01

Continuous release of pharmaceutical and personal care products (PPCPs) present in effluents from wastewater treatment plants (WWTPs) is nowadays leading to the adoption of specific measures within the framework of the Directive 2000/60/EC (Water Framework Directive). The ozonation process, normally employed for drinking water production, has also proven its potential to eliminate PPCPs from secondary effluents in spite of their low concentrations. However, there is a significant drawback related with the costs associated with its implementation. This lack of studies is especially pronounced regarding the economic valuation of the environmental benefits associated to avoid the discharge of these pollutants into water bodies. For the first time the shadow prices of 5 PPCPs which are ethynilestradiol, sulfamethoxazole, diclofenac, tonalide and galaxolide from treated effluent using a pilot-scale ozonation reactor have been estimated. From non-sensitive areas their values are − 73.73; − 34.95; − 42.20; − 10.98; and − 8.67 respectively and expressed in €/kg. They represent a proxy to the economic value of the environmental benefits arisen from undischarged pollutants. This paper contributes to value the environmental benefits of implementing post-treatment processes aimed to achieve the quality standards required by the Priority Substances Directive. - Highlights: • Environmental Benefit Analysis of PPCPs • PPCPs' removal depends on their functional group and molecular structures. • Shadow prices as a proxy of the environmental benefits from ozonation process • HHCB and AHTN have the lowest shadow prices. • The greatest environmental benefit is associated with the removal of DCF.

Economic valuation of environmental benefits of removing pharmaceutical and personal care products from WWTP effluents by ozonation

International Nuclear Information System (INIS)

Molinos-Senante, M.; Reif, R.; Garrido-Baserba, M.; Hernández-Sancho, F.; Omil, F.; Poch, M.; Sala-Garrido, R.

2013-01-01

Continuous release of pharmaceutical and personal care products (PPCPs) present in effluents from wastewater treatment plants (WWTPs) is nowadays leading to the adoption of specific measures within the framework of the Directive 2000/60/EC (Water Framework Directive). The ozonation process, normally employed for drinking water production, has also proven its potential to eliminate PPCPs from secondary effluents in spite of their low concentrations. However, there is a significant drawback related with the costs associated with its implementation. This lack of studies is especially pronounced regarding the economic valuation of the environmental benefits associated to avoid the discharge of these pollutants into water bodies. For the first time the shadow prices of 5 PPCPs which are ethynilestradiol, sulfamethoxazole, diclofenac, tonalide and galaxolide from treated effluent using a pilot-scale ozonation reactor have been estimated. From non-sensitive areas their values are − 73.73; − 34.95; − 42.20; − 10.98; and − 8.67 respectively and expressed in €/kg. They represent a proxy to the economic value of the environmental benefits arisen from undischarged pollutants. This paper contributes to value the environmental benefits of implementing post-treatment processes aimed to achieve the quality standards required by the Priority Substances Directive. - Highlights: • Environmental Benefit Analysis of PPCPs • PPCPs' removal depends on their functional group and molecular structures. • Shadow prices as a proxy of the environmental benefits from ozonation process • HHCB and AHTN have the lowest shadow prices. • The greatest environmental benefit is associated with the removal of DCF

Estimating the Economic Value of Information for Screening in Disseminating and Targeting Effective School-based Preventive Interventions: An Illustrative Example.

Science.gov (United States)

Johnston, Stephen S; Salkever, David S; Ialongo, Nicholas S; Slade, Eric P; Stuart, Elizabeth A

2017-11-01

When candidates for school-based preventive interventions are heterogeneous in their risk of poor outcomes, an intervention's expected economic net benefits may be maximized by targeting candidates for whom the intervention is most likely to yield benefits, such as those at high risk of poor outcomes. Although increasing amounts of information about candidates may facilitate more accurate targeting, collecting information can be costly. We present an illustrative example to show how cost-benefit analysis results from effective intervention demonstrations can help us to assess whether improved targeting accuracy justifies the cost of collecting additional information needed to make this improvement.

The impact of economic evaluation on quality management in spine surgery.

Science.gov (United States)

Boos, Norbert

2009-08-01

Health care expenditures are substantially increasing within the last two decades prompting the imperative need for economic evaluations in health care. Historically, economic evaluations in health care have been carried out by four approaches: (1) the human-capital approach (HCA), (2) cost-effectiveness analysis (CEA), (3) cost-utility analysis (CUA) and (4) cost-benefit analysis (CBA). While the HCA cannot be recommended because of methodological shortcomings, CEA and CUA have been used frequently in healthcare. In CEA, costs are measured in monetary terms and health effects are measured in a non-monetary unit, e.g. number of successfully treated patients. In an attempt to develop an effectiveness measure that incorporates effects on both quantity and quality of life, so-called Quality Adjusted Life Years (QUALYs) were introduced. Contingent valuation surveys are used in cost-benefit analyses (CBA) to elicit the consumer's monetary valuations for program benefits by applying the willingness-to-pay approach. A distinguished feature of CBA is that costs and benefits are expressed in the same units of value, i.e. money. Only recently, economic evaluations have started to explore various spinal interventions particularly the very expensive fusion operations. While most of the studies used CEA or CUA approaches, CBAs are still rare. Most studies fail to show that sophisticated spinal interventions are more cost-effective than conventional treatments. In spite of the lack of therapeutic or cost-effectiveness for most spinal surgeries, there is rapidly growing spinal implant market demonstrating market imperfection and information asymmetry. A change can only be anticipated when physicians start to focus on the improvement of health care quality as documented by outcome research and economic evaluations of cost-effectiveness and net benefits.

Comparing the costs and benefits of floating rice-based and intensive rice-based farming systems in the Mekong delta

OpenAIRE

Van Kien Nguyen; Oc Van Vo; Duc Ngoc Huynh

2015-01-01

This paper compares financial costs and benefits of floating rice-based and intensive rice farming systems using data from focus group discussions and household survey in four locations in the Mekong Delta. We argue that the net financial benefit per 1000m2 of integrated floating rice-based farming systems is greater than the net financial benefit of intensive rice farming system. The total net benefit of floating rice-leeks shows the highest net benefit (VND 24.8 mil./1000 m2), followed by f...

Economic evaluation of the vaccination program against seasonal and pandemic A/H1N1 influenza among customs officers in Greece.

Science.gov (United States)

Mamma, Maria; Spandidos, Demetrios A

2013-01-01

Health policies from many countries recommend influenza vaccination of "high-priority" professional groups, including customs officers. Our aim was to estimate the economic impact of the vaccination program against influenza among customs officers in Greece during the 2009/2010 period. We developed a decision analytical computational simulation model including dynamic transmission elements that estimated the economic impact of various scenarios with different attack rates, symptomatic percentages and vaccination participation among customs officers. We also assessed in real-time the economic impact of the national 2009/2010 campaign against seasonal and pandemic A/H1N1 influenza. Implementing a seasonal and pandemic A/H1N1 influenza vaccination program among customs officers in Greece with a participation rate of 30%, influenza vaccination was not cost-saving in any of the studied influenza scenarios. When the participation rate reached 100%, the program was cost-saving, when the influenza attack rate was 30% and the symptomatic rate 65%. The real-time estimated mean net cost-benefit value in 2009/2010 period was -7.3 euros/custom officer. With different clinical scenarios, providing a vaccination program against seasonal and pandemic A/H1N1 influenza can incur a substantial net benefit for customs offices. However, the size of the benefit strongly depends upon the attack rate of influenza, the symptomatic rate as well as the participation rate of the customs officers in the program. Copyright © 2012 Elsevier Ireland Ltd. All rights reserved.

Assessment of Economic Benefits and Costs of Marine Managed Areas in Hawaii 1998-2003 (NODC Accession 0001756)

Data.gov (United States)

National Oceanic and Atmospheric Administration, Department of Commerce — This dataset combines the research results from a number of papers carried out under the study "Assessment of Economic Benefits and Costs of Marine Managed Areas in...

Assessment of economic benefits and costs of marine managed areas in Hawaii, 1998 - 2003 (NODC Accession 0001756)

Data.gov (United States)

National Oceanic and Atmospheric Administration, Department of Commerce — This dataset combines the research results from a number of papers carried out under the study "Assessment of Economic Benefits and Costs of Marine Managed Areas in...

[Health and economic benefits of reducing 10 µm particulate matter (PM₁₀) in Metropolitan Area of Concepción, Chile].

Science.gov (United States)

Mardones, Cristian; Saavedra, Andrés; Jiménez, Jorge

2015-04-01

Several international studies show the effects of PM10 pollution on health but specific analyses for many cities in Chile are lacking. To relate PM10 concentrations to effects with population health and quantify the economic benefits of its reduction in Concepción Metropolitan Area. Poisson regression and generalized additive models were used to analyze the short-term effects of PM10 on mortality and morbidity, controlling for lags, seasonal, trend and weather variables. The damage function method to determine the economic impact of pollution reduction was used. The selected concentration-response (C-R) coefficients showed that PM10 concentrations had effects on hospital admissions with a two days lag for respiratory diseases in children under 15 years of age and with a one day lag for asthma in patients over 64 years. The effects on premature mortality had a six days lag. The decrease in 1 µg/m³ of PM10 concentration would generate benefits ranging from 1,025.8 to 32,490.9 million of Chilean pesos per year, with a confidence level of 95%, according the estimation based on concentration-response coefficients and their economic cost. Reduction of PM10 would have important health and economic benefits.

An economic benefit analysis on the cobalt-60 irradiation facility of Beijing Radiation Research Center

International Nuclear Information System (INIS)

Wang Binlin

1995-01-01

The peculiarity, the investment and annual operating cost of the 3.7 x 10 16 Bq (MCi) cobalt-60 irradiation facility at Beijing Radiation Application Research Centre are described. Its economic benefits each year are analyzed according to several year operating practice. Some related questions on carrying out radiation processing are raised and discussed. (author)

New nuclear power generation in the UK: Cost benefit analysis

International Nuclear Information System (INIS)

Kennedy, David

2007-01-01

This paper provides an economic analysis of possible nuclear new build in the UK. It compares costs and benefits of nuclear new build against conventional gas-fired generation and low carbon technologies (CCS, wind, etc.). A range of scenarios are considered to allow for uncertainty as regards nuclear and other technology costs, gas prices and carbon prices. In the base case, the analysis suggests that there is a small cost penalty for new nuclear generation relative to conventional gas-fired generation, but that this is offset by environmental and security of supply benefits. More generally nuclear new build has a positive net benefit for a range of plausible nuclear costs, gas prices and carbon prices. This supports the UK policy of developing an enabling framework for nuclear new build in a market-based context. To the extent that assumptions in the analysis are not borne out in reality (e.g. as regards nuclear cost), this is a no regrets policy, given that the market would not invest in nuclear if it is prohibitively costly. (author)

Epidemiological and Economic Evaluation of Alternative On-Farm Management Scenarios for Ovine Footrot in Switzerland

Directory of Open Access Journals (Sweden)

Dana Zingg

2017-05-01

Full Text Available Footrot is a multifactorial infectious disease mostly affecting sheep, caused by the bacteria Dichelobacter nodosus. It causes painful feet lesions resulting in animal welfare issues, weight loss, and reduced wool production, which leads to a considerable economic burden in animal production. In Switzerland, the disease is endemic and mandatory coordinated control programs exist only in some parts of the country. This study aimed to compare two nationwide control strategies and a no intervention scenario with the current situation, and to quantify their net economic effect. This was done by sequential application of a maximum entropy model (MEM, epidemiological simulation, and calculation of net economic effect using the net present value method. Building upon data from a questionnaire, the MEM revealed a nationwide footrot prevalence of 40.2%. Regional prevalence values were used as inputs for the epidemiological model. Under the application of the nationwide coordinated control program without (scenario B and with (scenario C improved diagnostics [polymerase chain reaction (PCR test], the Swiss-wide prevalence decreased within 10 years to 14 and 5%, respectively. Contrary, an increase to 48% prevalence was observed when terminating the current control strategies (scenario D. Management costs included labor and material costs. Management benefits included reduction of fattening time and improved animal welfare, which is valued by Swiss consumers and therefore reduces societal costs. The net economic effect of the alternative scenarios B and C was positive, the one of scenario D was negative and over a period of 17 years quantified at CHF 422.3, 538.3, and −172.3 million (1 CHF = 1.040 US$, respectively. This implies that a systematic Swiss-wide management program under the application of the PCR diagnostic test is the most recommendable strategy for a cost-effective control of footrot in Switzerland.

Economic Recovery: Sustaining U.S. Economic Growth in a Post-Crisis Economy

Science.gov (United States)

2010-07-22

Mankiw , Principles of Economics (Ft. Worth, Dryden Press, 1998), p556, and Robert J. Barro, “Are Government Bonds Net Wealth?” Journal of Political...CRS Report for Congress Prepared for Members and Committees of Congress Economic Recovery: Sustaining U.S. Economic Growth in a Post...2. REPORT TYPE 3. DATES COVERED 00-00-2010 to 00-00-2010 4. TITLE AND SUBTITLE Economic Recovery: Sustaining U.S. Economic Growth in a Post

Trade-offs Between Socio-economic Development and Ecosystem Health under Changing Water Availability

Science.gov (United States)

Nazemi, A.; Hassanzadeh, E.; Elshorbagy, A. A.; Wheater, H. S.; Gober, P.; Jardine, T.; Lindenschmidt, K. E.

2017-12-01

Natural and human water systems at regional scales are often developed around key characteristics of streamflow. As a result, changes in streamflow regime can affect both socio-economic activities and freshwater ecosystems. In addition to natural variability and/or climate change, extensive water resource management to support socio-economic growth has also changed streamflow regimes. This study aims at understanding the trade-offs between agricultural expansion in the province of Saskatchewan, Canada, and alterations in the ecohydrological characteristics of the Saskatchewan River Delta (SRD) located downstream. Changes in climate along with extensive water resource management have altered the upstream flow regime. Moreover, Saskatchewan is investigating the possible expansion of irrigated agriculture to boost the provincial economy. To evaluate trade-offs across a range of possible scenarios for streamflow changes, the potential increase in provincial net benefit versus potential vulnerability of the SRD was assessed using perturbed flow realizations along with scenarios of irrigation expansion as input to an integrated water resource system model. This study sheds light on the potential variability in trade-offs between economic benefits and ecosystem health under a range of streamflow conditions, with the aim of informing decisions that can benefit both natural and human water systems.

Spreading The Net: The Multiple Benefits Of Energy Efficiency Improvements

Energy Technology Data Exchange (ETDEWEB)

NONE

2012-07-01

Improving energy efficiency can deliver a range of benefits to the economy and society. However energy efficiency programmes are often evaluated only on the basis of the energy savings they deliver. As a result, the full value of energy efficiency improvements in both national and global economies may be significantly underestimated. This also means that energy efficiency policy may not be optimised to target the potential of the full range of outcomes possible. Moreover, when the merit of energy efficiency programmes is judged solely on reductions in energy demand, programmes are susceptible to criticisms related to the rebound effect when the energy savings are less than expected due to other welfare gains. There are several reasons why the full range of outcomes from energy efficiency policy is not generally evaluated. First, it is due to the non-market, somewhat intangible, nature of the socioeconomic benefits, which makes them difficult to quantify. Second, the effects due to energy efficiency alone can be complex to isolate and to determine causality. Third, evaluators and policy makers working in the energy efficiency sphere are usually energy professionals, working for an energy agency or ministry, with little experience of how energy efficiency might impact other non-energy sectors. The result is an under-appreciation – and related underinvestment – in energy efficiency, and as a consequence, missed opportunities and benefits. These foregone benefits represent the ‘opportunity cost’ of failing to adequately evaluate and prioritize energy efficiency investments. The objective of this report is to fully outline the array of different benefits from improved energy efficiency and investigate their implications for policy design. By better understanding the different benefits arising from energy efficiency it should be easier for policy makers to prioritise the most significant outcomes, in addition to energy savings, in optimising energy efficiency

Economic Benefits of Aerobic Rice Grown Using Integrated Nitrogen Management

Directory of Open Access Journals (Sweden)

Nyle A. Pardillo

2017-11-01

Full Text Available This study focuses in the effect of integrated nitrogen management to the yield and economic benefits of aerobic rice. This will help farmers to identify which of the two management technique to use to save costs while profit is high. A split plot experiment in Randomized Complete Block design is used with two main treatments and four sub treatments. Main treatments are the use of integrated nitrogen management and an application of synthetic nitrogen fertilizer. Sub treatments are the different rates of nitrogen fertilizer from 0 as control, 90, 120 and 150 kg N ha-1 . Data are consolidated and analyzed using the ANOVA of SAS 9.3 statistical tool and comparison means at 5% significance level in Duncan Multiple Range Test. Grain yield, income, costs, profit and return on expenses are the data gathered. There is an increasing yield from control to 120 kg N ha-1 and started to decline at 150 kg N ha-1 because optimum level reached at 120 kg N ha-1 . Significant increased in yield was observed in plants applied with integrated nitrogen management at 120 kg N ha-1 compared to plants applied with synthetic nitrogen due to release of nitrogen that contributed to the yield of aerobic rice. However, plants applied of 90 kg N ha-1 synthetic nitrogen gives significant yield increased compared to plants with integrated nitrogen management. Yield was subjected to economic analysis using gross income, costs and profit and return on expenses. Plants applied with synthetic nitrogen at 90 kg N ha-1 resulted to high income due to lower costs of fertilizer inputs and only treatment that has a positive return on expenses at 3.2% while other treatments have a negative remarks. This will lead to a conclusion that 90 kg N ha-1 is the optimum level of nitrogen that can give high yield and positive return on expenses that farmers will benefited.

Cost-risk-benefit analysis in diagnostic radiology: a theoretical and economic basis for radiation protection of the patient

International Nuclear Information System (INIS)

Moores, B. Michael

2016-01-01

In 1973, International Commission on Radiological Protection Publication 22 recommended that the acceptability of radiation exposure levels for a given activity should be determined by a process of cost-benefit analysis. It was felt that this approach could be used to underpin both the principle of ALARA as well for justification purposes. The net benefit, B, of an operation involving irradiation was regarded as equal to the difference between its gross benefit, V, and the sum of three components; the basic production cost associated with the operation, P; the cost of achieving the selected level of protection, X; and the cost Y of the detriment involved in the operation: B=V-(P+X+Y). This article presents a theoretical cost-risk-benefit analysis that is applicable to the diagnostic accuracy (Levels 1 and 2) of the hierarchical efficacy model presented by National Council on Radiation Protection and Measurements in 1992. This enables the costs of an examination to be related to the sensitivity and specificity of an X-ray examination within a defined clinical problem setting and introduces both false-positive/false-negative diagnostic outcomes into the patient radiation protection framework. (author)

COST-RISK-BENEFIT ANALYSIS IN DIAGNOSTIC RADIOLOGY: A THEORETICAL AND ECONOMIC BASIS FOR RADIATION PROTECTION OF THE PATIENT.

Science.gov (United States)

Moores, B Michael

2016-06-01

In 1973, International Commission on Radiological Protection Publication 22 recommended that the acceptability of radiation exposure levels for a given activity should be determined by a process of cost-benefit analysis. It was felt that this approach could be used to underpin both the principle of ALARA as well for justification purposes. The net benefit, B, of an operation involving irradiation was regarded as equal to the difference between its gross benefit, V, and the sum of three components; the basic production cost associated with the operation, P; the cost of achieving the selected level of protection, X; and the cost Y of the detriment involved in the operation: [Formula: see text] This article presents a theoretical cost-risk-benefit analysis that is applicable to the diagnostic accuracy (Levels 1 and 2) of the hierarchical efficacy model presented by National Council on Radiation Protection and Measurements in 1992. This enables the costs of an examination to be related to the sensitivity and specificity of an X-ray examination within a defined clinical problem setting and introduces both false-positive/false-negative diagnostic outcomes into the patient radiation protection framework. © The Author 2015. Published by Oxford University Press.

Economic Benefit of Introducing a Bus Rapid Transit (BRT) in Kano State Nigeria

Science.gov (United States)

Ahmad, K. A.; Afolabi, S.; Nda, M.; Daura, H. A.

2018-04-01

The objective of this study is to know the variables use in quantifying economic benefits of public transport project, contribution of public transport to economic productivity This paper attempts to provide a Road User Cost (RUC) comparison of current usage of Buses and Cars in three different stages which are the present time, do nothing and the introduction of new modes. Vehicle operating cost (VOC), value of time (VOT), pollution cost, accident cost and environmental cost are calculated in other to know the benefits for their abilities to ensure accessibility and mobility, reduce accidents and reduce environmental loss. The study stretch involves an 11.1 km of 2-lane divided carriageway road connecting Kabuga bus stop to Janguza market. Social costs which included accident costs, accident cost of cars (private modes) were found to be 50 times the accident cost of bus accidents. California Air Resource Board (CARB) model was adopted to evaluate Environmental costs. The total road user costs were then obtained to provide comparative evaluation among the study modes. Furthermore, the multiple future scenarios were created to provide understanding about the need for inclusion of other modes. In this regard, this paper provided a framework for the cost evaluation for an urban area and results indicate that buses are more cost-effective in transportation of equivalent number of passengers.

Economic Assessment of the Use Value of Geospatial Information

Directory of Open Access Journals (Sweden)

Richard Bernknopf

2015-07-01

Full Text Available Geospatial data inform decision makers. An economic model that involves application of spatial and temporal scientific, technical, and economic data in decision making is described. The value of information (VOI contained in geospatial data is the difference between the net benefits (in present value terms of a decision with and without the information. A range of technologies is used to collect and distribute geospatial data. These technical activities are linked to examples that show how the data can be applied in decision making, which is a cultural activity. The economic model for assessing the VOI in geospatial data for decision making is applied to three examples: (1 a retrospective model about environmental regulation of agrochemicals; (2 a prospective model about the impact and mitigation of earthquakes in urban areas; and (3 a prospective model about developing private–public geospatial information for an ecosystem services market. Each example demonstrates the potential value of geospatial information in a decision with uncertain information.

Economic assessment of the use value of geospatial information

Science.gov (United States)

Bernknopf, Richard L.; Shapiro, Carl D.

2015-01-01

Geospatial data inform decision makers. An economic model that involves application of spatial and temporal scientific, technical, and economic data in decision making is described. The value of information (VOI) contained in geospatial data is the difference between the net benefits (in present value terms) of a decision with and without the information. A range of technologies is used to collect and distribute geospatial data. These technical activities are linked to examples that show how the data can be applied in decision making, which is a cultural activity. The economic model for assessing the VOI in geospatial data for decision making is applied to three examples: (1) a retrospective model about environmental regulation of agrochemicals; (2) a prospective model about the impact and mitigation of earthquakes in urban areas; and (3) a prospective model about developing private–public geospatial information for an ecosystem services market. Each example demonstrates the potential value of geospatial information in a decision with uncertain information.

Obtaining natural-like flow releases in diverted river reaches from simple riparian benefit economic models.

Science.gov (United States)

Perona, Paolo; Dürrenmatt, David J; Characklis, Gregory W

2013-03-30

We propose a theoretical river modeling framework for generating variable flow patterns in diverted-streams (i.e., no reservoir). Using a simple economic model and the principle of equal marginal utility in an inverse fashion we first quantify the benefit of the water that goes to the environment in relation to that of the anthropic activity. Then, we obtain exact expressions for optimal water allocation rules between the two competing uses, as well as the related statistical distributions. These rules are applied using both synthetic and observed streamflow data, to demonstrate that this approach may be useful in 1) generating more natural flow patterns in the river reach downstream of the diversion, thus reducing the ecodeficit; 2) obtaining a more enlightened economic interpretation of Minimum Flow Release (MFR) strategies, and; 3) comparing the long-term costs and benefits of variable versus MFR policies and showing the greater ecological sustainability of this new approach. Copyright © 2013 Elsevier Ltd. All rights reserved.

Economic evaluation and cost-effectiveness thresholds: signals to firms and implications for R & D investment and innovation.

Science.gov (United States)

Vernon, John A; Goldberg, Robert; Golec, Joseph

2009-01-01

In this article we describe how reimbursement cost-effectiveness thresholds, per unit of health benefit, whether set explicitly or observed implicitly via historical reimbursement decisions, serve as a signal to firms about the commercial viability of their R&D projects (including candidate products for in-licensing). Traditional finance methods for R&D project valuations, such as net present value analyses (NPV), incorporate information from these payer reimbursement signals to help determine which R&D projects should be continued and which should be terminated (in the case of the latter because they yield an NPV important for reimbursement thresholds to reflect the economic value of the unit of health benefit being considered for reimbursement. Thresholds set too low (below the economic value of the health benefit) will result in R&D investment levels that are too low relative to the economic value of R&D (on the margin). Similarly, thresholds set too high (above the economic value of the health benefit) will result in inefficiently high levels of R&D spending. The US in particular, which represents approximately half of the global pharmaceutical market (based on sales), and which seems poised to begin undertaking cost effectiveness in a systematic way, needs to exert caution in setting policies that explicitly or implicitly establish cost-effectiveness reimbursement thresholds for healthcare products and technologies, such as pharmaceuticals.

Economic benefits of the nuclear power

International Nuclear Information System (INIS)

Sutherland, R.J.

1985-01-01

The historical and projected benefits of nuclear power are estimated as the cost differential between nuclear power and an alternative baseload generating source times the quantity of electricity generated. From 1976 through 1981 coal and nuclear power were close competitors in most regions, with nuclear power holding a small cost advantage overall in 1976 and 1977 that subsequently eroded. When nuclear power costs are contrasted to coal power costs, national benefits from nuclear power are estimated to be $336 million from 1976 to 1981, with an additional $1.8 billion for the present value of existing plants. Fuel oil has been the dominant source of baseload generation in California, Florida, and New England. When nuclear power costs are contrasted to those of fuel oil, the benefits of nuclear power in these three regions are estimated to be $8.3 billion and $28.1 billion in terms of present value. The present value of benefits of future nuclear plants is estimated to be $8.2 billion under a midcase scenario and $43 billion under an optimistic scenario. 18 references, 10 tables

Economic benefit analysis of cultivating Pleurotus ostreatus with rape straw

Science.gov (United States)

Guan, Qinlan; Gong, Mingfu; Tang, Mei

2018-04-01

The cultivation of Pleurotus ostreatus with rape straw not only can save the cultivation cost of P. ostreatus, but also can reuse the resources and protect the environment. By adding different proportion of rape straw to the cultivation material of P. ostreatus, the reasonable amount of rape straw was selected and the economic benefit of P. ostreatus cultivated with the optimum amount of rape straw was analyzed. The results showed that adding 10% to 40% rape straw to the cultivation material of P. ostreatus did not affect the yield and biological conversion rate of P. ostreatus, and the ratio of production and investment of the amount of rape straw in the range of 10% to 50% was higher than of cottonseed husk alone as the main material of the formula.

Benefits of investing in ecosystem restoration

NARCIS (Netherlands)

Groot, de R.S.; Blignaut, J.; Ploeg, van der S.; Aronson, J.; Elmqvist, T.; Farley, J.

2013-01-01

Measures aimed at conservation or restoration of ecosystems are often seen as net-cost projects by governments and businesses because they are based on incomplete and often faulty cost-benefit analyses. After screening over 200 studies, we examined the costs (94 studies) and benefits (225 studies)

Partitioning Stakeholders for the Economic Valuation of Ecosystem Services: Examples of a Mangrove System

Energy Technology Data Exchange (ETDEWEB)

Micheletti, Tatiane, E-mail: micheletti@forst.tu-dresden.de [Institute of Forest Botany and Forest Zoology (Germany); Jost, François [Institute for International Forestry and Wood Industry (Germany); Berger, Uta [Institute of Forest Growth and Forest Computer Sciences (Germany)

2016-09-15

Although the importance of ecosystem services provided by natural forests, especially mangroves, is well known, the destruction of these environments is still ubiquitous and therefore protection measures are urgently needed. The present study compares the current approach of economic valuation of ecosystem services to a proposed one, using a study case of a mangrove system as an example. We suggest that a cost-benefit analysis for economically valuing environmental services should be performed with three additional modifications consisting of (i) a categorization of local stakeholders as demanders of particular ecosystem services, (ii) acknowledgement of the government as one of these demander groups, and (iii) the inclusion of opportunity costs in the valuation. The application of this approach to the mangrove area in the east portion of Great Abaco Island, the Bahamas, reveals that not only the ecosystem services received differ between demander groups, but the monetary benefits and costs are also specific to each of these groups. We show that the economic valuation of the ecosystem should be differentiated for each category, instead of being calculated as a net ‘societal value’ as it is currently. Applying this categorization of demanders enables a better understanding of the cost and benefit structure of the protection of a natural area. The present paper aims to facilitate discussions regarding benefit and cost sharing related to the protection of natural areas.

Partitioning Stakeholders for the Economic Valuation of Ecosystem Services: Examples of a Mangrove System

International Nuclear Information System (INIS)

Micheletti, Tatiane; Jost, François; Berger, Uta

2016-01-01

Although the importance of ecosystem services provided by natural forests, especially mangroves, is well known, the destruction of these environments is still ubiquitous and therefore protection measures are urgently needed. The present study compares the current approach of economic valuation of ecosystem services to a proposed one, using a study case of a mangrove system as an example. We suggest that a cost-benefit analysis for economically valuing environmental services should be performed with three additional modifications consisting of (i) a categorization of local stakeholders as demanders of particular ecosystem services, (ii) acknowledgement of the government as one of these demander groups, and (iii) the inclusion of opportunity costs in the valuation. The application of this approach to the mangrove area in the east portion of Great Abaco Island, the Bahamas, reveals that not only the ecosystem services received differ between demander groups, but the monetary benefits and costs are also specific to each of these groups. We show that the economic valuation of the ecosystem should be differentiated for each category, instead of being calculated as a net ‘societal value’ as it is currently. Applying this categorization of demanders enables a better understanding of the cost and benefit structure of the protection of a natural area. The present paper aims to facilitate discussions regarding benefit and cost sharing related to the protection of natural areas.

Cost-benefit analysis simulation of a hospital-based violence intervention program.

Science.gov (United States)

Purtle, Jonathan; Rich, Linda J; Bloom, Sandra L; Rich, John A; Corbin, Theodore J

2015-02-01

Violent injury is a major cause of disability, premature mortality, and health disparities worldwide. Hospital-based violence intervention programs (HVIPs) show promise in preventing violent injury. Little is known, however, about how the impact of HVIPs may translate into monetary figures. To conduct a cost-benefit analysis simulation to estimate the savings an HVIP might produce in healthcare, criminal justice, and lost productivity costs over 5 years in a hypothetical population of 180 violently injured patients, 90 of whom received HVIP intervention and 90 of whom did not. Primary data from 2012, analyzed in 2013, on annual HVIP costs/number of clients served and secondary data sources were used to estimate the cost, number, and type of violent reinjury incidents (fatal/nonfatal, resulting in hospitalization/not resulting in hospitalization) and violent perpetration incidents (aggravated assault/homicide) that this population might experience over 5 years. Four different models were constructed and three different estimates of HVIP effect size (20%, 25%, and 30%) were used to calculate a range of estimates for HVIP net savings and cost-benefit ratios from different payer perspectives. All benefits were discounted at 5% to adjust for their net present value. Estimates of HVIP cost savings at the base effect estimate of 25% ranged from $82,765 (narrowest model) to $4,055,873 (broadest model). HVIPs are likely to produce cost savings. This study provides a systematic framework for the economic evaluation of HVIPs and estimates of HVIP cost savings and cost-benefit ratios that may be useful in informing public policy decisions. Copyright © 2015 American Journal of Preventive Medicine. Published by Elsevier Inc. All rights reserved.

Modeling the development and utilization of bioenergy and exploring the environmental economic benefits

International Nuclear Information System (INIS)

Song, Junnian; Yang, Wei; Higano, Yoshiro; Wang, Xian’en

2015-01-01

Highlights: • A complete bioenergy flow is schemed to industrialize bioenergy utilization. • An input–output optimization simulation model is developed. • Energy supply and demand and bioenergy industries’ development are optimized. • Carbon tax and subsidies are endogenously derived by the model. • Environmental economic benefits of bioenergy utilization are explored dynamically. - Abstract: This paper outlines a complete bioenergy flow incorporating bioresource procurement, feedstock supply, conversion technologies and energy consumption to industrialize the development and utilization of bioenergy. An input–output optimization simulation model is developed to introduce bioenergy industries into the regional socioeconomy and energy production and consumption system and dynamically explore the economic, energy and environmental benefits. 16-term simulation from 2010 to 2025 is performed in scenarios preset based on bioenergy industries, carbon tax-subsidization policy and distinct levels of greenhouse gas emission constraints. An empirical study is conducted to validate and apply the model. In the optimal scenario, both industrial development and energy supply and demand are optimized contributing to a 8.41% average gross regional product growth rate and a 39.9% reduction in accumulative greenhouse gas emission compared with the base scenario. By 2025 the consumption ratio of bioenergy in total primary energy could be increased from 0.5% to 8.2%. Energy self-sufficiency rate could be increased from 57.7% to 77.9%. A dynamic carbon tax rate and the extent to which bioenergy industrial development could be promoted are also elaborated. Regional economic development and greenhouse gas mitigation can be potentially promoted simultaneously by bioenergy utilization and a proper greenhouse gas emission constraint. The methodology presented is capable of introducing new industries or policies related to energy planning and detecting the best tradeoffs of

Viabilidade econômica do uso da tela antigranizo em pomares de pêra-japonesa Economic evaluation of the use of hail protection net in japonese pear orchard

Directory of Open Access Journals (Sweden)

CARLOS LEOMAR KREUZ

2002-08-01

Full Text Available O presente trabalho estudou o uso da tela de proteção ao granizo sob a perspectiva de um investimento na cultura da pêra-japonesa nas condições do Sul do Brasil. Os resultados evidenciam que, dado um risco médio de ocorrência de granizo de 10% ao ano, o seu uso se justifica para produtores que possuem disponibilidade de capital, bem como para aqueles que buscam uma constância no atendimento ao mercado.This study was carried out to analyse the economic viability of the use of a hail protection net in Japanese pear orchards in Southern Brazil. The hail has a chance of 10% to occur yearly. The use of the hail net protection did not improve the economic return. It is suggested the use when capital is not a limiting production factor, and in order to constantly supply the market.

Net energy yield from production of conventional oil

International Nuclear Information System (INIS)

Dale, Michael; Krumdieck, Susan; Bodger, Pat

2011-01-01

Historic profitability of bringing oil to market was profound, but most easy oil has been developed. Higher cost resources, such as tar sands and deep off-shore, are considered the best prospects for the future. Economic modelling is currently used to explore future price scenarios commensurate with delivering fuel to market. Energy policy requires modelling scenarios capturing the complexity of resource and extraction aspects as well as the economic profitability of different resources. Energy-return-on-investment (EROI) expresses the profitability of bringing energy products to the market. Net energy yield (NEY) is related to the EROI. NEY is the amount of energy less expenditures necessary to deliver a fuel to the market. This paper proposes a pattern for EROI of oil production, based on historic oil development trends. Methodology and data for EROI is not agreed upon. The proposed EROI function is explored in relation to the available data and used to attenuate the International Energy Agency (IEA) world oil production scenarios to understand the implications of future declining EROI on net energy yield. The results suggest that strategies for management and mitigation of deleterious effects of a peak in oil production are more urgent than might be suggested by analyses focussing only on gross production. - Highlights: → Brief introduction to methodological issues concerning net energy analysis. → Description of EROI function over the whole production cycle of an energy resource. → Calibration of this function to EROI data from historic oil production. → Application to determine the net energy yield from current global oil production. → Calculation of net energy yield from IEA projections of future oil production.

School-Based Influenza Vaccination: Health and Economic Impact of Maine's 2009 Influenza Vaccination Program.

Science.gov (United States)

Basurto-Dávila, Ricardo; Meltzer, Martin I; Mills, Dora A; Beeler Asay, Garrett R; Cho, Bo-Hyun; Graitcer, Samuel B; Dube, Nancy L; Thompson, Mark G; Patel, Suchita A; Peasah, Samuel K; Ferdinands, Jill M; Gargiullo, Paul; Messonnier, Mark; Shay, David K

2017-12-01

To estimate the societal economic and health impacts of Maine's school-based influenza vaccination (SIV) program during the 2009 A(H1N1) influenza pandemic. Primary and secondary data covering the 2008-09 and 2009-10 influenza seasons. We estimated weekly monovalent influenza vaccine uptake in Maine and 15 other states, using difference-in-difference-in-differences analysis to assess the program's impact on immunization among six age groups. We also developed a health and economic Markov microsimulation model and conducted Monte Carlo sensitivity analysis. We used national survey data to estimate the impact of the SIV program on vaccine coverage. We used primary data and published studies to develop the microsimulation model. The program was associated with higher immunization among children and lower immunization among adults aged 18-49 years and 65 and older. The program prevented 4,600 influenza infections and generated $4.9 million in net economic benefits. Cost savings from lower adult vaccination accounted for 54 percent of the economic gain. Economic benefits were positive in 98 percent of Monte Carlo simulations. SIV may be a cost-beneficial approach to increase immunization during pandemics, but programs should be designed to prevent lower immunization among nontargeted groups. © Health Research and Educational Trust.

A net-present value analysis for a wind turbine purchase at a small US college

Energy Technology Data Exchange (ETDEWEB)

Johnson, N. H. [Principia College, Elsah, IL 62028 (United States); Solomon, B. D. [Department of Social Sciences, Michigan Technological University, Houghton, MI 49931 (United States)

2010-07-01

Wind power is becoming an increasingly attractive method of electric power generation due to concerns with global climate change, increasing uncertainty of future oil supplies, and energy security. While most large-scale wind turbines are part of wind farms, which help states meet state renewable energy standards, several colleges and universities in the United States have purchased wind turbines for financial and educational purposes. This paper gives details of a cost-benefit analysis completed for a small liberal arts college in Illinois, Principia College, which is considering buying a single large-scale turbine. The process set forth here can easily be adapted to any college, university, or school. It is found that the project has a positive net present value for both a 20-year scenario and a 30-year scenario. Assuming the project did not receive any grants, Principia College would need to have an annual real return rate of about 6% on its initial investment to gain the same economic benefits. (author)

A Net-Present Value Analysis for a Wind Turbine Purchase at a Small US College

Directory of Open Access Journals (Sweden)

Nicholas H. Johnson

2010-05-01

Full Text Available Wind power is becoming an increasingly attractive method of electric power generation due to concerns with global climate change, increasing uncertainty of future oil supplies, and energy security. While most large-scale wind turbines are part of wind farms, which help states meet state renewable energy standards, several colleges and universities in the United States have purchased wind turbines for financial and educational purposes. This paper gives details of a cost-benefit analysis completed for a small liberal arts college in Illinois, Principia College, which is considering buying a single large-scale turbine. The process set forth here can easily be adapted to any college, university, or school. It is found that the project has a positive net present value for both a 20-year scenario and a 30-year scenario. Assuming the project did not receive any grants, Principia College would need to have an annual real return rate of about 6% on its initial investment to gain the same economic benefits.

Testing the spatial neutrality of the REMI net migration equation

International Nuclear Information System (INIS)

Barr, C.F.; Perrigo, T.A.; Daneshvary, N.; Rickman, D.S.

1994-01-01

The U.S. Department of Energy (DOE), Yucca Mountain Site Characterization Project Office (YMPO) is conducting socioeconomic studies in the State of Nevada in accordance with the Nuclear Waste Policy Act of 1982, as amended. The main purpose of the socioeconomic program is to avoid or minimize adverse socioeconomic impacts of the Yucca Mountain Site Characterization Project (YMP) on local communities, counties, and the state of Nevada. This objective is being met by collecting data that can be used by the DOE and affected units of local government to monitor economic and demographic variables and forecast changes that may occur as a direct result of the YMP. One of the tools being used to develop population and employment forecasts in Clark, Lincoln, and Nye counties in Nevada is Regional Economic Modeling Inc.'s (REMI) Economic-Demographic Forecasting and Simulation (EDFS) model. The REMI model is widely used in applied economics for: forecasting and planning; economic development; transportation; energy and natural resources; taxation, budget, and welfare; United States policies; and environmental policies. This model was chosen by the DOE because it is a dynamic econometric model based on accepted economic theory and principles, and because of its favorable rating compared to other available models. The dynamic nature of the model offers improvements in forecasting capabilities over input-output models. Because the DOE is making extensive use of the REMI model, it is necessary to evaluate the model's forecasting performance. This study is an empirical test of the restrictions in the REMI model's net migration equation. The REMI model pools the data across regions to estimate net migration into each region. For this study we will examine Clark County net migration. We hypothesize that due to the differences among regions (such as distance, and geographic and cultural features specific to each region), pooling the data across regions may not be appropriate

Economic analysis of the health impacts of housing improvement studies: a systematic review

Science.gov (United States)

Fenwick, Elisabeth; Macdonald, Catriona; Thomson, Hilary

2013-01-01

Background Economic evaluation of public policies has been advocated but rarely performed. Studies from a systematic review of the health impacts of housing improvement included data on costs and some economic analysis. Examination of these data provides an opportunity to explore the difficulties and the potential for economic evaluation of housing. Methods Data were extracted from all studies included in the systematic review of housing improvement which had reported costs and economic analysis (n=29/45). The reported data were assessed for their suitability to economic evaluation. Where an economic analysis was reported the analysis was described according to pre-set definitions of various types of economic analysis used in the field of health economics. Results 25 studies reported cost data on the intervention and/or benefits to the recipients. Of these, 11 studies reported data which was considered amenable to economic evaluation. A further four studies reported conducting an economic evaluation. Three of these studies presented a hybrid ‘balance sheet’ approach and indicated a net economic benefit associated with the intervention. One cost-effectiveness evaluation was identified but the data were unclearly reported; the cost-effectiveness plane suggested that the intervention was more costly and less effective than the status quo. Conclusions Future studies planning an economic evaluation need to (i) make best use of available data and (ii) ensure that all relevant data are collected. To facilitate this, economic evaluations should be planned alongside the intervention with input from health economists from the outset of the study. When undertaken appropriately, economic evaluation provides the potential to make significant contributions to housing policy. PMID:23929616

Net energy analysis in a Ramsey–Hotelling growth model

International Nuclear Information System (INIS)

Macías, Arturo; Matilla-García, Mariano

2015-01-01

This article presents a dynamic growth model with energy as an input in the production function. The available stock of energy resources is ordered by a quality parameter based on energy accounting: the “Energy Return on Energy Invested” (EROI). In our knowledge this is the first paper where EROI fits in a neoclassical growth model (with individual utility maximization and market equilibrium), establishing the economic use of “net energy analysis” on a firmer theoretical ground. All necessary concepts to link neoclassical economics and EROI are discussed before their use in the model, and a comparative static analysis of the steady states of a simplified version of the model is presented. - Highlights: • A neoclassical growth model with EROI (“Energy Return on Energy Invested”) is shown • All concepts linking neoclassical economics and net energy analysis are discussed • Any EROI decline can be compensated increasing gross activity in the energy sector. • The economic impact of EROI depends on some non-energy cost in the energy sector. • Comparative steady-state statics for different EROI levels is performed and discussed. • Policy implications are suggested.

Economic issues of the Sizewell B public enquiry

International Nuclear Information System (INIS)

Foster, C.

1987-01-01

The economic arguments and conclusions reached in the Layfield Report of the Sizewell-B public inquiry are restated. The key test for deciding whether Sizewell-B should be built was the net effective cost per kW per annum (the net cost of supplying electricity from a new power station including capital and operating costs) compared with the net avoidable cost (the cost of withdrawing a plant from the generating system). If the net effective cost is less than the net avoidable cost the construction is economically worthwhile. The effective cost calculations are given. The argument in favour not only had to show that nuclear was economically favourable over coal or any other fuel but that the pressurized water reactor design was preferable to the advanced gas-cooled reactor type. The price of coal, (at the time of the Inquiry and in the future) is tabulated. The changed economic situation between the end of the Inquiry and the publication of the Inquiry Report did not invalidate the decision made. There is only a one in seven chance that a coal-fired station will provide new capacity at lower cost than Sizewell-B. The figures used for CEGB's case to the Public Inquiry are given. (UK)

Development of the smart photovoltaic system blind and its impact on net-zero energy solar buildings using technical-economic-political analyses

International Nuclear Information System (INIS)

Koo, Choongwan; Hong, Taehoon; Jeong, Kwangbok; Ban, Cheolwoo; Oh, Jeongyoon

2017-01-01

It is expected that the rooftop photovoltaic (PV) systems can realize net-zero energy solar buildings (nZESBs), but it is not enough by itself. To realize 100% of nZESBs, the smart photovoltaic system blind (SPSB) was proposed to generate electricity in the PV system and to reduce indoor cooling demands through the shading effect in the blind system. Before its implementation, this study aims to investigate the impact of the proposed SPSB on nZESBs, which is conducted in three ways (i.e., technical, economic, and political analyses). The detailed results can be summarized as follows: (i) technical analysis: when applying the SPSB_C_I_G_S_&_2_-_a_x_i_s (which represents the SPSB with the copper-indium-gallium-selenide (CIGS) PV panel and the two-axis tracking system), its energy self-sufficiency rate was determined to be 1.25–2.31 times superior to other alternatives; (ii) economic analysis: in terms of the NPV_2_5 (net present value at year 25), SPSB_C_I_G_S_&_2_-_a_x_i_s was determined to be 1.41–2.97 times superior to others; in terms of the SIR_2_5 (savings-to-investment ratio at year 25), 1.14–1.26 times; and in terms of the break-even point, 1.4–3.0 years; and (iii) political analysis: the grid-connected utilization plan including solar renewable energy certificates (GC_i_n_c_l_._S_R_E_C plan) was determined to improve the economic profitability of the proposed SPSB. - Highlights: • The smart photovoltaic system blind was developed as prototype model in four ways. • The SPSB_C_I_G_S_&_2_-_a_x_i_s was determined to be superior to other prototype models. • A holistic analysis was conducted to evaluate the impact of the SPSB on nZESBs. • When implementing the GC_i_n_c_l_._S_R_E_C plan, the economic profitability was maximized. • Results showed the NPV_2_5 (US$2.37/m"2), SIR_2_5 (2.97 times), and BEP (7.6 years).