scholarly journals The Costs of Using Volunteers in a COVID-19 pandemic Response Program in Iran

2020 ◽  
Author(s):  
Hamed Seddighi ◽  
Ibrahim Salmani ◽  
Mehrab sharifi sedeh
Keyword(s):  
Screening Program ◽  
Cost Benefit Analysis ◽  
Cost Benefit ◽  
Optimal Number ◽  
Voluntary Work ◽  
Replacement Method ◽  
Iranian Government ◽  
The Government ◽  
Permanent Employees ◽  
The Cost

Abstract An intervention that Iran implemented to reduce the spread of the COVID-19 pandemic was to screen passengers during the Iranian New Year holidays (17 March to 3 April 2020). The purpose of this study is to examine the costs and benefits of using volunteers in this program for the Iranian government. Using the cost-benefit analysis method, the national data of the screening program were analyzed. A total of 83,810 volunteers worked on the project for 17 days, which cost $ 27,7811. If the Iranian government had hired permanent employees instead of using volunteers, it would have cost $ 558733 more. It is used wage replacement method for calculating cost of voluntary work using the minimum wage of workers in Iran in 2020. Volunteer Investment and Value Audit (VIVA) rate also showed that $ 2 was saved for every dollar the Iranian government spent. It can be concluded that the use of volunteers, especially in volunteer-oriented programs in times of disaster, including epidemics, can be economically beneficial to the government. At the same time, it should be noted that the use of volunteers is also costly, and the government must identify the optimal number of volunteers before implementation. Moreover, if there are several plans on the table to intervene, the Viva rate can be a measure of cost-effectiveness.

scholarly journals Monetary Value and the Cost Analysis of a Youth Voluntary Program of Road Safety in Iran

2020 ◽  
Vol 5 (2) ◽  
pp. 115-120
Author(s):  
Hamed Seddighi ◽  
◽  
Ibrahim Salmani ◽  
Saeideh Seddighi ◽  
◽  
...  
Keyword(s):  
Road Safety ◽  
Cost Benefit Analysis ◽  
Cost Benefit ◽  
Working Hours ◽  
National Plan ◽  
Monetary Value ◽  
Safety And Health ◽  
The Government ◽  
Voluntary Program ◽  
The Cost

Background: Volunteering has great economic and social benefits, but it is neglected due to the nature of the work. This study aimed to assess the monetary aspect of the voluntary activities in the National Plan of Safety and Health of Nowruz Passengers and analyze the cost of the implementation of this plan, regarding youth volunteers. Materials and Methods: In this descriptive-analytical study, 1574 volunteers outlined in the plan were analyzed with the wage replacement and replacement cost approach for the monetary evaluation of voluntary activities. Also, the cost-benefit analysis of the Red Crescent voluntary plan was calculated by the volunteer investment and value audit technique. Results: In the mentioned road safety plan, the sum of the economic values of volunteering work was multiplied by the number of working hours of youth volunteers per day. Thus, the number of young people was determined, considering the average wage per hour for these people, the monetary value of $69 885.6 was obtained for the voluntary activities. Also, the volunteer investment and value audit rate was $10.6; it means that every dollar spent by Red Crescent would cost more than $10 if it were not voluntary.  Conclusion: According to the present findings, it seems that the National Plan of Safety and Health of Nowruz Passengers had been economically profitable for the Red Crescent population and the government because of its high revenue, compared with its cost.

scholarly journals Cost-Benefit Analysis for a Quinquennial Census: The 2016 Population Census of South Africa

2017 ◽  
Vol 33 (1) ◽  
pp. 249-274 ◽  
Author(s):  
Bruce D. Spencer ◽  
Julian May ◽  
Steven Kenyon ◽  
Zachary Seeskin
Keyword(s):  
South Africa ◽  
Cost Benefit Analysis ◽  
Cost Benefit ◽  
Population Estimates ◽  
Population Census ◽  
Benefit Analysis ◽  
Important Benefit ◽  
The Government ◽  
And Migration ◽  
The Cost

Abstract The question of whether to carry out a quinquennial Census is faced by national statistical offices in increasingly many countries, including Canada, Nigeria, Ireland, Australia, and South Africa. We describe uses and limitations of cost-benefit analysis in this decision problem in the case of the 2016 Census of South Africa. The government of South Africa needed to decide whether to conduct a 2016 Census or to rely on increasingly inaccurate postcensal estimates accounting for births, deaths, and migration since the previous (2011) Census. The cost-benefit analysis compared predicted costs of the 2016 Census to the benefits of improved allocation of intergovernmental revenue, which was considered by the government to be a critical use of the 2016 Census, although not the only important benefit. Without the 2016 Census, allocations would be based on population estimates. Accuracy of the postcensal estimates was estimated from the performance of past estimates, and the hypothetical expected reduction in errors in allocation due to the 2016 Census was estimated. A loss function was introduced to quantify the improvement in allocation. With this evidence, the government was able to decide not to conduct the 2016 Census, but instead to improve data and capacity for producing post-censal estimates.

scholarly journals A Cost-Benefit Analysis of Prenatal Screening for Toxoplasmosis

1996 ◽  
Vol 7 (4) ◽  
pp. 259-263 ◽  
Author(s):  
Vic S Sahai ◽  
Heather Onyett
Keyword(s):  
Social Services ◽  
Prenatal Screening ◽  
Screening Program ◽  
Cost Benefit Analysis ◽  
Congenital Toxoplasmosis ◽  
Cost Benefit ◽  
Preventive Therapy ◽  
Benefit Analysis ◽  
Therapy Program ◽  
The Cost

The objective of this study was to examine critically the validity of a toxoplasma prenatal screening program, in the context of a cost-benefit analysis, as it relates to the Canadian experience. Recently, studies have suggested that early treatment of infected infants with a combination of pyrimethamine and sulfadiazine is effective in reducing the sequelae of toxoplasmosis. It was concluded that a carefully planned screening program for detecting and treating infants infected withToxoplasma gondiiduring pregnancy is cost beneficial. The cost of delivering a screening and treatment program is less than half of what it would cost to provide comprehensive long term medical, educational and other social services for the estimated 1000 children born each year with congenital toxoplasmosis. Even if an incidence as low as two infected infants per 1000 pregnancies is assumed and only 400 children were affected, the screening and preventive therapy program would be justified.

scholarly journals Factors determining the profitability of rice farming in Bangladesh

2019 ◽  
Vol 17 (1) ◽  
pp. 86-91 ◽  
Author(s):  
Tahmina Akter ◽  
Mst Tania Parvin ◽  
Farhana Arefeen Mila ◽  
Ashrafun Nahar
Keyword(s):  
Cost Benefit Analysis ◽  
Descriptive Analysis ◽  
Cost Benefit ◽  
Sampling Technique ◽  
Rice Cultivation ◽  
Rice Farming ◽  
Cross Sectional ◽  
Profitability Analysis ◽  
The Government ◽  
The Cost

This study was conducted to analyze the profitability of rice farming in Bangladesh. In doing so, it utilized the multistage sampling technique to collect the cross-sectional data from seven rice producing districts in Bangladesh during 2016. A total of 140 samples were directly interviewed using a structured questionnaire for achieving the purpose. Apart from the descriptive analysis of the socioeconomic variables of the selected respondents, the benefit-cost and functional profitability analysis of rice were also performed. The log-linear form of Cobb-Douglas production function was chosen to determine the effects of various inputs on the profitability of rice. The finding of cost-benefit analysis reveals that rice farming is a profitable activity in Bangladesh as the estimated cost of production was lower than the return in the selected study areas. However, the profitability differs among different farmers’ group and large farmers are more profitable in rice cultivation than small and medium farmers. In addition, the functional analysis identifies three inputs such as the cost of power tiller, fertilizer and hired labor as the significant determinants of profitability for all farmers in the study regions. Moreover, these factors also differ across the farmer's groups except the cost of fertilizer. Therefore, it is recommended in this study that the concerned authority of the government should ensure adequate and timely fertilizer use at a subsidized price which would be affordable by the farmers. Besides, a fair pricing policy should be set so that fluctuation in the price level can be controlled. Effective extension service may also help the farmers using a better combination of input that will generate higher productivity and return, thereby, will contribute to being food secure and self-sufficient in rice cultivation. J. Bangladesh Agril. Univ. 17(1): 86–91, March 2019

scholarly journals Monetary value and cost analysis of a youth voluntary program on road safety in Iran

2020 ◽  
Author(s):  
Hamed Seddighi ◽  
Ibrahim Salmani
Keyword(s):  
Cost Analysis ◽  
Road Safety ◽  
Cost Benefit Analysis ◽  
Economic Value ◽  
Cost Benefit ◽  
Working Hours ◽  
Safety And Health ◽  
The Government ◽  
Voluntary Program ◽  
The Cost

Abstract Objectives: Volunteering has great economic and social benefits, but it is neglected due to the voluntary nature of the work. The purpose of this study was to assess the monetary aspect of voluntary activities in the plan of Iranian National Safety and Health for New Year Holidays passengers and analyze cost analysis of the implementation of this plan by youth volunteers.Methods: In this descriptive-analytical study, 1574 volunteers outlined in this plan were analyzed from Wage Replacement and Replacement Cost approach for monetary evaluation of voluntary activities. In addition, the cost benefit analysis of a Red Crescent voluntary plan is calculated by "value audit and volunteer investment" (VIVA) technique.Results: In the mentioned road safety plan, the sum of the economic value of volunteering work in the Nowruz passenger's safety and health plan is multiplied by the number of working hours of youth volunteers per day, the number of young people and the average wage was earned at an hour, which was obtained as $ 69885.6. also Viva rate is 10.6$ means every dollar Red crescent spent will cost more than 10$ if it wasn’t voluntary. Discussion: According to the findings, it seems that the voluntary plan for safety and health of New Year holidays passengers had been economically profitable for the Red Crescent population as well as for the government because of its high revenue compared to the its cost.

Hostile Takeovers and Anti-takeover Defenses in the Russian Corporate Market

2007 ◽  
pp. 70-84 ◽  
Author(s):  
E. Demidova
Keyword(s):  
Cost Benefit Analysis ◽  
Cost Benefit ◽  
Benefit Analysis ◽  
Costs And Benefits ◽  
Hostile Takeovers ◽  
Russian Market ◽  
Takeover Defenses ◽  
The Cost ◽  
European Markets

This article analyzes definitions and the role of hostile takeovers at the Russian and European markets for corporate control. It develops the methodology of assessing the efficiency of anti-takeover defenses adapted to the conditions of the Russian market. The paper uses the cost-benefit analysis, where the costs and benefits of the pre-bid and post-bid defenses are compared.

Public Investment Criteria: Benefit-Cost Analysis for Planned Economic Growth by Stephen A. Marglin. London: George Allen & Unwin Ltd., 1967. pp.103. 22s. 6d.********** Investments for Capacity Expansion: Size, Location and Time-Phasing edited by Alan S. Manne. London: George Allen & Unwin Ltd., 1967. pp.239. 45s.Investments for Capacity Expansion: Size, Location and Time-Phasing edited by Alan S. Manne. London: George Allen & Unwin Ltd., 1967. pp.239. 45s.

1967 ◽  
Vol 7 (3) ◽  
pp. 416-420
Author(s):  
Arthur MacEwan
Keyword(s):  
Cost Benefit Analysis ◽  
Public Investment ◽  
Cost Benefit ◽  
Capacity Expansion ◽  
Point Of View ◽  
Systematic Analysis ◽  
Benefit Cost Analysis ◽  
The Government ◽  
The Many ◽  
Benefit Cost

These books are numbers 4 and 5, respectively, in the series "Studies in the Economic Development of India". The two books are interesting complements to one another, both being concerned with the analysis of projects within national plan formulation. However, they treat different sorts of problems and do so on very different levels. Marglin's Public Investment Criteria is a short treatise on the problems of cost-benefit analysis in an Indian type economy, i.e., a mixed economy in which the government accepts a large planning responsibility. The book, which is wholely theoretical, explains the many criteria needed for evaluation of projects. The work is aimed at beginning students and government officials with some training in economics. It is a clear and interesting "introduction to the special branch of economics that concerns itself with systematic analysis of investment alternatives from the point of view of a government".

What's it Worth? Improving Surface Water Quality

1999 ◽  
Vol 40 (10) ◽  
pp. 153-159 ◽  
Author(s):  
D. H. Newsome ◽  
C. D. Stephen
Keyword(s):  
Water Quality ◽  
Surface Water ◽  
Cost Benefit Analysis ◽  
Cost Benefit ◽  
Surface Water Quality ◽  
Control Measures ◽  
Benefit Analysis ◽  
The Cost

Many countries are investing in measures to improve surface water quality, but the investment programmes for so doing are increasingly becoming subject to cost-benefit analysis. Whilst the cost of control measures can usually be determined for individual improvement schemes, there are currently no established procedures for valuing the benefits attributable to improved surface water quality. The paper describes a methodology that has been derived that now makes this possible.

scholarly journals Economic Analysis of the Use of VCS2000 for Pork Carcass Meat Yield Grading in Korea

Animals ◽  
2021 ◽  
Vol 11 (5) ◽  
pp. 1297
Author(s):  
Juntae Kim ◽  
Hyo-Dong Han ◽  
Wang Yeol Lee ◽  
Collins Wakholi ◽  
Jayoung Lee ◽  
...  
Keyword(s):  
Economic Analysis ◽  
Net Present Value ◽  
Cost Benefit Analysis ◽  
Cost Benefit ◽  
Feed Consumption ◽  
Cost Ratio ◽  
Benefit Analysis ◽  
Labor Costs ◽  
Meat Yield ◽  
The Cost

Currently, the pork industry is incorporating in-line automation with the aim of increasing the slaughtered pork carcass throughput while monitoring quality and safety. In Korea, 21 parameters (such as back-fat thickness and carcass weight) are used for quality grading of pork carcasses. Recently, the VCS2000 system—an automatic meat yield grading machine system—was introduced to enhance grading efficiency and therefore increase pork carcass production. The VCS2000 system is able to predict pork carcass yield based on image analysis. This study also conducted an economic analysis of the system using a cost—benefit analysis. The subsection items of the cost-benefit analysis considered were net present value (NPV), internal rate of return (IRR), and benefit/cost ratio (BC ratio), and each method was verified through sensitivity analysis. For our analysis, the benefits were grouped into three categories: the benefits of reducing labor costs, the benefits of improving meat yield production, and the benefits of reducing pig feed consumption through optimization. The cost-benefit analysis of the system resulted in an NPV of approximately 615.6 million Korean won, an IRR of 13.52%, and a B/C ratio of 1.65.

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