scholarly journals Assessing the Socioeconomic Impacts of Intelligent Connected Vehicles in China: A Cost–Benefit Analysis

2019 ◽  
Vol 11 (12) ◽  
pp. 3273 ◽  
Author(s):  
Xu Kuang ◽  
Fuquan Zhao ◽  
Han Hao ◽  
Zongwei Liu
Keyword(s):  
Cost Benefit Analysis ◽  
Cost Benefit ◽  
Economic Benefits ◽  
Cost Ratio ◽  
Connected Vehicles ◽  
Benefit Analysis ◽  
Labor Costs ◽  
Unified Framework ◽  
Socioeconomic Impacts ◽  
The Government

The deployment of intelligent connected vehicles (ICVs) is regarded as a significant solution to improve road safety, transportation management, and energy efficiency. This study assessed the safety, traffic, environmental, and industrial economic benefits of ICV deployment in China under different scenarios. A bottom-up model was established to deal with these impacts within a unified framework, based on the existing theories and literature of ICVs’ cost–benefit analysis, as well as China’s most recent policies and statistics. The results indicate that the total benefits may reach 13.25 to 24.02 trillion renminbi (RMB) in 2050, while a cumulative benefit–cost ratio of 1.15 to 3.06 suggests high cost-effectiveness. However, if the government and industry only focus on their own interests, the break-even point may be delayed by several years. Hence, an effective business model is necessary to enhance public–private cooperation in ICV implementation. Meanwhile, the savings of travel time costs and fleet labor costs play an important part in all socioeconomic impacts. Therefore, the future design of ICVs should pay more attention to the utilization of in-vehicle time and the real substitution for human drivers.

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.

scholarly journals Cost-benefit of promising adaptations for resilient development in climate hotspots: evidence from lower Teesta basin in Bangladesh

2020 ◽  
Author(s):  
Md. Arfanuzzaman ◽  
S. M. Tanvir Hassan ◽  
Md. Abu Syed
Keyword(s):  
Cost Benefit Analysis ◽  
Cost Benefit ◽  
Economic Benefits ◽  
Cost Ratio ◽  
Technological Advancement ◽  
Economic Resilience ◽  
Irrigation Practice ◽  
Maize Cultivation ◽  
Tube Well ◽  
The Government

Abstract It is very likely that climate change will increase the frequency and intensity of extreme events such as floods, flash floods, storms, heat and cold waves, riverbank erosion, and drought in the river basin of Hindu Kush Himalayan (HKH) region. This could mean detrimental impacts to the poor and marginal people in the lower Teesta basin (LTB) in Bangladesh. Though adaptation involves financial costs, the farmers' practicing adaptation in LTB experience diminished crop loss and damage. This study was aimed at assessing the promising adaptation practices, their economic return, and social welfare in the LTB through an extended cost-benefit analysis. The study suggests that among the adaptations, shallow tube-well (STW) based irrigation practice in both sandy and loamy soil has the highest marginal adaptation cost (MAC) but the lowest benefit-cost ratio (BCR). The deep tube-well (DTW) based irrigation practice generates superior benefits to the farmers compared to the STW based farming due to initial establishment by the government which is very expensive. Maize farming as an alternate and less resource consumptive cropping produces nearly five times higher economic benefits than the costs which can be acknowledged as the most profitable and resilient adaptation option in the LTB. Though MAC is relatively low for the short-duration variety (SDV) rice among the promising adaptations, its economic profitability is 62% lower than that of the maize cultivation. However, having higher BCR the maize cultivation generates US$86 higher welfare to the farmers than the SDV rice which may strengthen the farmer's preference of maize cultivation over the SDV rice. It can be stated with high confidence that strategic adaptation planning, soft credit, technological advancement, and subsidized agricultural inputs will encourage the farmers to carry out adaptation options which may reduce climate-induced loss and damages for the farmers and build socio-economic resilience in the LTB and other similar areas of South Asia.

scholarly journals Prioritized list of health services in the Islamic Republic of Iran

2000 ◽  
Vol 6 (2-3) ◽  
pp. 367-371
Author(s):  
B. Larijani ◽  
O. Ameli ◽  
K. Alizadeh ◽  
S. R. Mirsharifi
Keyword(s):  
Health Care ◽  
United States Of America ◽  
Policy Making ◽  
Cost Benefit Analysis ◽  
Cost Benefit ◽  
Benefit Analysis ◽  
Islamic Republic ◽  
Therapeutic Procedures ◽  
Islamic Republic Of Iran ◽  
The Government

We aimed to provide a prioritized list of preventive, diagnostic and therapeutic procedures and their appropriate classification based on a cost-benefit analysis. Functional benchmarking was used to select a rationing model. Teams of qualified specialists working in community hospitals scored procedures from CPTTM according to their cost and benefit elements. The prioritized list of services model of Oregon, United States of America was selected as the functional benchmark. In contrast to its benchmark, our country’s prioritized list of services is primarily designed to help the government in policy-making with the rationing of health care resources, especially for hospitals

scholarly journals Cost-benefit analysis of pharmacist interventions over 36 months in a university hospital

2020 ◽  
Vol 54 ◽  
pp. 94
Author(s):  
Maurilio de Souza Cazarim ◽  
João Paulo Vilela Rodrigues ◽  
Priscila Santos Calcini ◽  
Thomas Einarson ◽  
Leonardo Régis Leira Pereira
Keyword(s):  
Marginal Cost ◽  
Cost Benefit Analysis ◽  
Cost Benefit ◽  
University Hospital ◽  
Cost Ratio ◽  
Benefit Analysis ◽  
Net Benefit ◽  
Hospital Perspective ◽  
Benefit Cost Ratio ◽  
Tertiary Teaching

OBJECTIVE: To perform a cost-benefits analysis of a clinical pharmacy (CP) service implemented in a Neurology ward of a tertiary teaching hospital. METHODS: This is a cost-benefit analysis of a single arm, prospective cohort study performed at the adult Neurology Unit over 36 months, which has evaluated the results of a CP service from a hospital and Public Health System (PHS) perspective. The interventions were classified into 14 categories and the costs identified as direct medical costs. The results were analyzed by the total and marginal cost, the benefit-cost ratio (BCR) and the net benefit (NB). RESULTS: The total 334 patients were followed-up and the highest occurrence in 506 interventions was drug introduction (29.0%). The marginal cost for the hospital and avoided cost for PHS was US$182±32 and US$25,536±4,923 per year; and US$0.55 and US$76.4 per patient/year. The BCR and NB were 0.0, -US$26,105 (95%CI -31,850 – -10,610), -US$27,112 (95%CI -33,160–11,720) for the hospital and; 3.0 (95%CI 1.97–4.94), US$51,048 (95%CI 27,645–75,716) and, 4.6 (95%CI 2.24–10.05), US$91,496 (95%CI 34,700–168,050; p < 0.001) for the PHS, both considering adhered and total interventions, respectively. CONCLUSIONS: The CP service was not directly cost-benefit at the hospital perspective, but it presented savings for forecast cost related to the occurrence of preventable morbidities, measuring a good cost-benefit for the PHS.

Age 21 Cost-Benefit Analysis of the Title I Chicago Child-Parent Centers

2002 ◽  
Vol 24 (4) ◽  
pp. 267-303 ◽  
Author(s):  
Arthur J. Reynolds ◽  
Judy A. Temple ◽  
Dylan L. Robertson ◽  
Emily A. Mann
Keyword(s):  
Title I ◽  
Remedial Education ◽  
Program Effectiveness ◽  
Cost Benefit Analysis ◽  
Cost Benefit ◽  
Well Being ◽  
Economic Benefits ◽  
School Age ◽  
Program Participation ◽  
Benefit Analysis

We conducted the first cost-benefit analysis of a federally financed, comprehensive early childhood program. The Title I Chicago Child-Parent Centers are located in public schools and provide educational and family support services to low-income children from ages 3 to 9. Using data from a cohort of 1,539 program and comparison-group children born in 1980 who participate in the Chicago Longitudinal Study, measures of program participation were significantly associated with greater school achievement, higher rates of high school completion, and with significantly lower rates of remedial education services, juvenile delinquency, and child maltreatment. Economic analyses indicated that the measured and projected economic benefits of preschool participation, school-age participation, and extended program participation exceeded costs. In present-value 1998 dollars, the preschool program provided a return to society of $7.14 per dollar invested by increasing economic well-being and tax revenues, and by reducing public expenditures for remedial education, criminal justice treatment, and crime victims. The extended intervention program (4 to 6 years of participation) provided a return to society of $6.11 per dollar invested while the school-age program yielded a return of $1.66 per dollar invested. Findings demonstrate that an established public program can provide benefits that far exceed costs. Key elements of CPC program effectiveness include an instructional focus on literacy, opportunities for intensive parent involvement, and implementation by well-trained staff within a single administrative system.

scholarly journals Guide to cost benefit analysis of community-based interventions

2014 ◽  
Vol 3 (5) ◽  
pp. 47
Author(s):  
Sanni Yaya ◽  
Xiaonan Li
Keyword(s):  
Net Present Value ◽  
Cost Benefit Analysis ◽  
Cost Benefit ◽  
Cost Ratio ◽  
Benefit Analysis ◽  
Costs And Benefits ◽  
Community Based Interventions ◽  
Community Based ◽  
Benefit Cost Ratio ◽  
The Cost

This paper offers a general guide on how to conduct a proper economic analysis for community-based intervention projects. Identification and quantification of costs and benefits are the focus of the cost benefit analysis. We categorize costs and benefits from human and physical perspectives and pay special attention to the measures of saving human lives accompanied by the proposed calculation methods. We recommend net present value and benefit-cost ratio as the criteria to assess projects and highlight some challenges remaining in the analysis.

scholarly journals Application and importance of cost-benefit analysis in energy efficiency projects implemented in public buildings: The case of Serbia

2012 ◽  
Vol 16 (3) ◽  
pp. 915-929 ◽  
Author(s):  
Marko Mihic ◽  
Dejan Petrovic ◽  
Aleksandar Vuckovic ◽  
Vladimir Obradovic ◽  
Dejan Djurovic
Keyword(s):  
Energy Efficiency ◽  
Cost Benefit Analysis ◽  
Cost Benefit ◽  
Economic Benefits ◽  
Financial Resources ◽  
Benefit Analysis ◽  
Public Buildings ◽  
Practical Test ◽  
Effectiveness And Efficiency

The main objective of this paper is to present the advantages of using Cost-Benefit analysis in energy efficiency projects implemented in public buildings, and to prove the hypothesis that Cost-Benefit analysis boosts the effectiveness and efficiency of the said type of projects. The paper offers theoretical and practical explanation of the implementation of Cost-Benefit analysis in the relevant area. Since energy efficiency projects in public buildings usually represent a part of a broader portfolio of similar projects and their implementation demands allocation of substantial financial resources, communities are often be interested in achieving maximal economic and non-economic benefits. This paper aims to demonstrate that Cost-Benefit analysis can represent an excellent contribution when attempting to select the projects for implementation within a broader portfolio of energy efficiency projects in public buildings. This hypothesis was demonstrated by putting a greater emphasis on non-economic benefits and the costs arising from implementation of the aforementioned types of projects. In addition, a practical test of this hypothesis was performed through the implementation of an energy efficiency portfolio in public buildings, worth several tens of millions of dollars - the Serbian Energy Efficiency Project. The paper concludes that the use of Cost-Benefit analysis can help us to effectively evaluate and manage projects of this type aimed at achieving maximum benefits for the community in question.

scholarly journals L’industrie de l’amiante

2005 ◽  
Vol 10 (2) ◽  
pp. 253-284
Author(s):  
Roma Dauphin
Keyword(s):  
Multinational Firms ◽  
Cost Benefit Analysis ◽  
Cost Benefit ◽  
Asbestos Fiber ◽  
The Political ◽  
Benefit Analysis ◽  
Fiber Production ◽  
Asbestos Fibers ◽  
Political Forces ◽  
The Government

This study is comprised of two parts. The first is essentially descriptive and seeks to define with greater precision the nature of the Western world's asbestos fiber needs, account being made currently-known technology and the existence of substitutes. Asbestos ore reserves are then examined with a view to evaluating the constraints conditioning current asbestos fiber production. With the exception of that carried out in the U.S.S.R., this production is highly concentrated in Quebec whose surplus output is exported to every continent at prices that have experienced a staggering increase since 1973 even though international trade in asbestos fibers is conducted via multinational firms. The second part of the study contains a cost-benefit analysis of Quebec's new policy as well as a brief consideration of the political forces that have induced the Government of Quebec to adopt it.

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