scholarly journals Sensitivity Analysis as a Tool in Environmental Policy for Sustainability: The Case of Waste Recycling Projects in the Republic of Serbia

2020 ◽  
Vol 12 (19) ◽  
pp. 7995
Author(s):  
Ksenija Denčić-Mihajlov ◽  
Mladen Krstić ◽  
Dejan Spasić
Keyword(s):  
Sensitivity Analysis ◽  
Cost Benefit Analysis ◽  
Raw Materials ◽  
Cost Benefit ◽  
Waste Recycling ◽  
Consumer Society ◽  
Investment Projects ◽  
Sustainable Investment ◽  
The Republic ◽  
The Impact

Modern consumer society uses an increasing number of products to meet its needs, which become waste after use, thus posing a serious problem that threatens sustainable development. Investment in waste recycling, due to a high level of non-financial benefits, is considered sustainable, especially in the End-of-life Vehicles (ELV) and Waste Electrical and Electronic Equipment (WEEE) recycling areas. The research objective of this paper is to test the sensitivity of the model for sustainable management of recycling projects by applying a cost-benefit analysis (CBA) to investment projects of car and refrigerator recycling in the Republic of Serbia. By testing the key risk factors of the above investment projects within the sensitivity analysis, the main aim is to determine the critical value of these variables in terms of the financial and social acceptability of these investment alternatives. The results obtained indicate that state subsidies have the greatest influence on defining the model of sustainable investment, especially in the field of e-waste recycling. The impact of other factors, the price of secondary raw materials and the social cost of CO2 emissions, is significantly smaller, but should certainly be taken into account when defining the optimal model of sustainable investment.

scholarly journals Improvement of the cost-benefit analysis algorithm for high-rise construction projects

2018 ◽  
Vol 33 ◽  
pp. 03073
Author(s):  
Andrey Gafurov ◽  
Oksana Skotarenko ◽  
Vladimir Plotnikov
Keyword(s):  
Sensitivity Analysis ◽  
Construction Projects ◽  
Cost Benefit Analysis ◽  
Cost Benefit ◽  
Risk Mapping ◽  
Benefit Analysis ◽  
Investment Projects ◽  
Standard Algorithm ◽  
High Rise ◽  
Project Analysis

The specific nature of high-rise investment projects entailing long-term construction, high risks, etc. implies a need to improve the standard algorithm of cost-benefit analysis. An improved algorithm is described in the article. For development of the improved algorithm of cost-benefit analysis for high-rise construction projects, the following methods were used: weighted average cost of capital, dynamic cost-benefit analysis of investment projects, risk mapping, scenario analysis, sensitivity analysis of critical ratios, etc. This comprehensive approach helped to adapt the original algorithm to feasibility objectives in high-rise construction. The authors put together the algorithm of cost-benefit analysis for high-rise construction projects on the basis of risk mapping and sensitivity analysis of critical ratios. The suggested project risk management algorithms greatly expand the standard algorithm of cost-benefit analysis in investment projects, namely: the “Project analysis scenario” flowchart, improving quality and reliability of forecasting reports in investment projects; the main stages of cash flow adjustment based on risk mapping for better cost-benefit project analysis provided the broad range of risks in high-rise construction; analysis of dynamic cost-benefit values considering project sensitivity to crucial variables, improving flexibility in implementation of high-rise projects.

The Use of Cost-Benefit Analysis for Evaluating Efficiency of Public Investment Projects (The Case of Sochi-2014 Winter Olympic Games)

2011 ◽  
pp. 57-78
Author(s):  
I. Pilipenko
Keyword(s):  
Net Present Value ◽  
Olympic Games ◽  
Cost Benefit Analysis ◽  
Public Investment ◽  
Cost Benefit ◽  
Investment Efficiency ◽  
Benefit Analysis ◽  
Step Method ◽  
Investment Projects ◽  
The Usa

The paper analyzes shortcomings of economic impact studies based mainly on input- output models that are often employed in Russia as well as abroad. Using studies about sport events in the USA and Olympic Games that took place during the last 30 years we reveal advantages of the cost-benefit analysis approach in obtaining unbiased assessments of public investments efficiency; the step-by-step method of cost-benefit analysis is presented in the paper as well. We employ the project of Sochi-2014 Winter Olympic and Paralympic Games in Russia to evaluate its efficiency using cost-benefit analysis for five accounts (areas of impact), namely government, households, environment, economic development, and social development, and calculate the net present value of the project taking into account its possible alternatives. In conclusion we suggest several policy directions that would enhance public investment efficiency within the Sochi-2014 Olympics.

Application of a Tax to E-Commerce Deliveries in Barcelona

2021 ◽  
pp. 036119812110124
Author(s):  
Genís Majoral ◽  
Francesc Gasparín ◽  
Sergi Saurí
Keyword(s):  
Cost Benefit Analysis ◽  
Cost Benefit ◽  
Supply Side ◽  
Environmental Tax ◽  
Positive Outcomes ◽  
Demand Side ◽  
Benefit Analysis ◽  
Revenue Collection ◽  
Last Mile ◽  
The Impact

The number of e-commerce transactions is increasing worldwide. Deliveries of goods purchased online generate externalities throughout the whole supply chain and, particularly, the increasing concern about the last-mile distribution of goods. The escalating presence of vans in cities contributes to poor air quality, climate change, noise, and congestion. So far, the majority of solutions to address this issue are based on the supply side, such as electric vans, optimizing the routing and pick-up-points, and so forth. Even in other transport sectors, pricing solutions are well known, yet they have not been extended to e-commerce delivery. This paper aims to propose an environmental tax falling on the demand side and equaling the externalities from this activity. The analysis has been particularized for the case of Barcelona. A cost–benefit analysis to assess the impact of such a tax has been carried out. When revenue collection is reinvested in the logistics sector, and for subsidizing electric distribution vehicles, the results indicate that the levying of the tax can generate positive outcomes.

scholarly journals Modelling the impact of rapid diagnostic tests on Plasmodium vivax malaria in South Korea: a cost–benefit analysis

2021 ◽  
Vol 6 (2) ◽  
pp. e004292
Author(s):  
Jung Ho Kim ◽  
Jiyeon Suh ◽  
Woon Ji Lee ◽  
Heun Choi ◽  
Jong-Dae Kim ◽  
...  
Keyword(s):  
South Korea ◽  
Plasmodium Vivax ◽  
Diagnostic Tests ◽  
Cost Benefit Analysis ◽  
Malaria Incidence ◽  
Cost Benefit ◽  
Medical Costs ◽  
Rapid Diagnostic Tests ◽  
Benefit Analysis ◽  
The Impact

BackgroundRapid diagnostic tests (RDTs) are widely used for diagnosing Plasmodium vivax malaria, especially in resource-limited countries. However, the impact of RDTs on P. vivax malaria incidence and national medical costs has not been evaluated. We assessed the impact of RDT implementation on P. vivax malaria incidence and overall medical expenditures in South Korea and performed a cost–benefit analysis from the payer’s perspective.MethodsWe developed a dynamic compartmental model for P. vivax malaria transmission in South Korea using delay differential equations. Long latency and seasonality were incorporated into the model, which was calibrated to civilian malaria incidences during 2014–2018. We then estimated averted malaria cases and total medical costs from two diagnostic scenarios: microscopy only and both microscopy and RDTs. Medical costs were extracted based on data from a hospital in an at-risk area for P. vivax malaria and were validated using Health Insurance Review and Assessment Service data. We conducted a cost–benefit analysis of RDTs using the incremental benefit:cost ratio (IBCR) considering only medical costs and performed a probabilistic sensitivity analysis to reflect the uncertainties of model parameters, costs and benefits.ResultsThe results showed that 55.3% of new P. vivax malaria cases were averted, and $696 214 in medical costs was saved over 10 years after RDT introduction. The estimated IBCR was 2.5, indicating that RDT implementation was beneficial, compared with microscopy alone. The IBCR was sensitive to the diagnosis time reduction, infectious period and short latency period, and provided beneficial results in a benefit over $10.6 or RDT cost under $39.7.ConclusionsThe model simulation suggested that RDTs could significantly reduce P. vivax malaria incidence and medical costs. Moreover, cost–benefit analysis demonstrated that the introduction of RDTs was beneficial over microscopy alone. These results support the need for widespread adoption of RDTs.

scholarly journals CHANGES IN THE IMPACT ASSESSMENT FAMILY 2003–2014: IMPLICATIONS FOR CONSIDERING ACHIEVEMENTS, GAPS AND FUTURE DIRECTIONS

2015 ◽  
Vol 17 (01) ◽  
pp. 1550003 ◽  
Author(s):  
FRANK VANCLAY
Keyword(s):  
Risk Assessment ◽  
Impact Assessment ◽  
Social Impact ◽  
Public Involvement ◽  
Cost Benefit Analysis ◽  
Cost Benefit ◽  
Fold Increase ◽  
Social Risk ◽  
Proportional Change ◽  
The Impact

Over 150 forms of impact assessment can be identified using Google searches, with several new forms appearing since 2003. Since then, the popularity of the various members of the impact assessment family has changed, partly in response to legislative and regulatory changes, and general trends in society. The information explosion and expansion of the internet has resulted in a 32 fold increase in the number of hits for "impact assessment", now over 12 million. The conventional methods most frequently mentioned in 2003 had relatively low proportional change over the last 10 years but remain amongst the most frequently mentioned in 2014: risk assessment, public participation, cost-benefit analysis, public involvement, environmental monitoring, and project evaluation. The terms with highest proportional change (i.e. the super-hot topics) were primarily social concerns, including: equality impact assessment, welfare impact assessment, mental health impact assessment, disability impact assessment, human impact assessment, social impact assessment, and social risk assessment. Other terms that had high proportional change included life cycle impact assessment. Information about the relative popularity of the various forms of impact assessment is used in this paper to discuss issues and trends in the broad field of impact assessment.

Yamuna Action Plan-III: Impact on Water Quality of River Yamuna, India

2021 ◽  
pp. 1-10
Author(s):  
Ankit Srivastava ◽  
Prathna T.C.
Keyword(s):  
Cost Benefit Analysis ◽  
Action Plan ◽  
Treatment Plant ◽  
Cost Benefit ◽  
Holistic Approach ◽  
Pollutant Load ◽  
River Ganges ◽  
The World ◽  
River Yamuna ◽  
The Impact

Water is indispensable to sustain life and livelihood, and rivers serve as major reservoirs of water in manyparts of the world. River Yamuna is the major tributary of the River Ganges in India and is considered to be among the most polluted rivers of the world. The Yamuna Action Plan (YAP) is one of the largest river restoration projects in India and is initiated to clean the river. YAP is a bilateral arrangement between the governments of India and Japan, and consists of three Actions Plans-I, II and III. YAP-III is currently under execution with some of the major projects being the construction of the new Wastewater Treatment Plant (WWTP) at Okhla, rehabilitation and upgrading of WWTPs at Kondli and Rithala in the Delhi region. The impact of YAP-III with regard to these major projects on the reduction of the pollutant load reaching the river and cost-benefit has been evaluated in the current study. Findings from the study indicated that major projects such as construction of a new WWTP at Okhla (124 MGD) can effectively reduce the pollutant load by 283 kg/MGD of wastewater at a cost of Rs. 1161 crores while the rehabilitation project at Rithala (Phase I) can reduce the pollutant load by 92.5 kg/MGD wastewater at a cost of Rs. 300 crores. The present study indicates the need to evaluate projects in terms of cost-benefit analysis in addition to the economic and environmental evaluation for effective action. A holistic approach towards treatment of pollutant load in the river and prevention of further pollutants from reaching the river is required in addition to community awareness and participation for sustainable river water management.

scholarly journals THE IMPORTANCE OF GOVERNMENT PROGRAMS IN INCREASING EMPLOYMENT EFFICIENCY IN GANJA-KAZAKH ECONOMIC REGION

2021 ◽  
Author(s):  
S. A. Hasanova
Keyword(s):  
Labor Market ◽  
Negative Impact ◽  
Supply And Demand ◽  
Economic Region ◽  
Investment Projects ◽  
Oil Sector ◽  
The Republic ◽  
State Programs ◽  
Production Areas ◽  
The Impact

The article analyzes the labor market in Ganja-Gazakh economic region, the main "State Programs for socio-economic development of the regions of the Republic of Azerbaijan" (2004-2008, 2009-2013, 2014-2018, 2019-2023) to address the employment problems of the population. directions were considered. At the same time, the current situation of employment and unemployment in the region, the interregional distribution of productive forces, the region's infrastructure, the geography of natural resources were studied. Traditional production areas for the region, preferential loans provided to entrepreneurs within the framework of financed investment projects and other issues were discussed. The measures taken to eliminate the negative impact of the global crisis on the regions of Azerbaijan since 2016, the volume of output in key sectors of the economy are reflected. The discrepancy between job supply and demand in the region's labor market, as well as the main problems arising in the process of their coordination were analyzed. The urgency of original issues such as increasing production and exports, attracting effective employment, ensuring regional development by attracting domestic and foreign investment to the regions was brought to attention. The impact of investments in the regions on the development of the non-oil sector on the country's GDP was studied. The enterprises and jobs created in Ganja-Gazakh economic region were discussed within the program. In the end, the results of the analysis were reflected and suggestions were made to eliminate the existing problems.

scholarly journals Cost-Benefit Analysis under the DSM Model of Green Lighting

2018 ◽  
pp. 149-155
Author(s):  
Yanjiang GONG ◽  
Jiang LI ◽  
Wenshuang YU ◽  
Runbing YANG ◽  
Tiejun ZHOU
Keyword(s):  
Sensitivity Analysis ◽  
Association Rules ◽  
Cost Benefit Analysis ◽  
Cost Benefit ◽  
Benefit Analysis ◽  
Key Factors ◽  
Factors Affecting ◽  
Subsidy Rate ◽  
Willingness To Use ◽  
The Cost

Based on the concept of DSM and the requirements of the demonstration project, the DSM model of green lighting was studied, carrying out the cost-benefit analysis. Combining the characteristics of the demonstration area, first of all, the cost-benefit of different interest subjects was analyzed. Secondly, the association rules algorithm was analyzed in detail, and the cost-benefit was analyzed by the association rules algorithm. Finally, the sensitivity analysis of the key factors, affecting the cost and benefit of each interest subject, was done by using the algorithm. And it is concluded that the user subsidy rate and consumer electricity price are the key factors that affect the userТs willingness to use green lighting technology and power grid enterprises to implement DSM measures.

scholarly journals Impacts of Coal Railroad Transportation Project on GDP Promotion and Unemployment Reduction in Bengkulu Province, Indonesia

2013 ◽  
Vol 216 ◽  
pp. 02-24
Author(s):  
PAULUS KURNIAWAN ◽  
KEMBAR SRI BUDHI ◽  
SUYANA UTAMA ◽  
MAHAENDRA YASA
Keyword(s):  
Significant Contribution ◽  
Cost Benefit Analysis ◽  
Cost Benefit ◽  
Economic Indicator ◽  
Internal Rate Of Return ◽  
Benefit Analysis ◽  
Cost Benefit Ratio ◽  
Railroad System ◽  
The Unemployed ◽  
The Impact

massive, advanced and integrated railroad system for coal transportation (referred to hereafter as ?Project?) from Muara Enim, Sumatra Selatan Province to the new coal port at Pulau Baai, Bengkulu Province, Indonesia is developed by a private investor together with the local government (PEMDA) of Bengkulu Province to make the best use of abundant coal resources in the region. This paper analyzes the impact of this Project on the Bengkulu economy, which is currently considered low. The Gross Domestic Product (GDP) is adopted as the economic indicator. The study combines the theories of export base and economic base, economic and regional developments, cost-benefit analysis and economic impact study with the empirical data. The results show the Project?s financial feasibility with Cost-Benefit Ratio of 1.61, Internal Rate of Return of 21.1% and Payback Period of 5 years, which will provide a significant contribution to the Bengkulu GDP growth and a decrease of 821,600 people among the unemployed.

Illustrating the Monetary Impact of Transportation Projects/Alternatives using the Values of Travel Time and Travel Time Reliability

2018 ◽  
Vol 2672 (51) ◽  
pp. 88-98 ◽  
Author(s):  
Venkata R. Duddu ◽  
Srinivas S. Pulugurtha ◽  
Praveena Penmetsa
Keyword(s):  
Travel Time ◽  
Cost Benefit Analysis ◽  
Cost Benefit ◽  
Transportation Systems ◽  
Travel Time Reliability ◽  
Benefit Analysis ◽  
Transportation Projects ◽  
Travel Time Savings ◽  
Time Savings ◽  
The Impact

State agencies, regional agencies, cities, towns, and local municipalities design and maintain transportation systems for the benefit of users by improving mobility, reducing travel time, and enhancing safety. Cost–benefit analysis based on travel time savings and the value of reliability helps these agencies in prioritizing transportation projects or when evaluating transportation alternatives. This paper illustrates the use of monetary values of travel time savings and travel time reliability, computed for the state of North Carolina, to help assess the impact of transportation projects or alternatives. The results obtained indicate that, based on the illustration of the effect and impact of various transportation projects or alternatives, both improved travel time and reliability on roads yield significant monetary benefits. However, from cost–benefit analysis, it is observed that greater benefits can be achieved through improved reliability compared with benefits from a decrease in travel time for a given section of road.

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