An outline of a cost–benefit analysis of increased felling in Sweden

1981 ◽  
Vol 11 (3) ◽  
pp. 637-642
Author(s):  
Per-Olov Johansson
Keyword(s):  
Cost Benefit Analysis ◽  
Cost Benefit ◽  
Excess Demand ◽  
Social Benefits ◽  
Benefit Analysis ◽  
Benefits And Costs

For some years it has been claimed that there is a "shortage" of roundwood in Sweden. The purpose of this paper is to examine what is meant by this shortage and to estimate social benefits and costs of an increased supply of roundwood. The estimates indicate that it is profitable for the society to eliminate the excess demand (shortage) through an increased supply.

The Illusion of Costs without Benefits

2020 ◽  
pp. 107-118
Author(s):  
Michael A. Livermore ◽  
Richard L. Revesz
Keyword(s):  
Public Health ◽  
Cost Benefit Analysis ◽  
Cost Savings ◽  
Cost Benefit ◽  
Social Benefits ◽  
Executive Order ◽  
Benefit Analysis ◽  
Compliance Costs ◽  
The Core ◽  
Trump Administration

The core of the Trump administration’s regulatory agenda is to focus on the costs of regulations while ignoring, trivializing, and mischaracterizing their benefits. The administration has made significant regulatory efforts to delay or repeal important initiatives of the Obama administration designed to protect public health and the environment. In some of these proceedings, the Trump administration has altogether ignored the benefits of the rules it seeks to eliminate or suspend, instead focusing solely on cost savings to regulated industry. For example, Trump’s Executive Order 13,771 directs agencies to control costs and eliminate two regulations for every new one. This one-sided approach makes a mockery of cost-benefit analysis. Saving regulatory costs is attractive only if the benefits forgone as a result of these savings are lower than those costs. A rule that reduces compliance costs by giving up an even larger set of social benefits is hardly an attractive proposition.

scholarly journals The social benefits of WEEE re-use schemes. A cost benefit analysis for PCs in Spain

2017 ◽  
Vol 64 ◽  
pp. 202-213 ◽  
Author(s):  
Xose Manuel González ◽  
Miguel Rodríguez ◽  
Yolanda Pena-Boquete
Keyword(s):  
Cost Benefit Analysis ◽  
Cost Benefit ◽  
Social Benefits ◽  
Benefit Analysis ◽  
The Social

scholarly journals INDONESIA TO HOST THE FIFA WORLD CUP? A COST-BENEFIT ANALYSIS

2018 ◽  
Vol 2 (1) ◽  
pp. 22-34
Author(s):  
Hilda Masniaritta Pohan ◽  
Silvy Puspita Oktavianty
Keyword(s):  
Cost Benefit Analysis ◽  
Cost Benefit ◽  
Economic Benefits ◽  
Social Benefits ◽  
Benefit Analysis ◽  
Financial Loss ◽  
World Cup ◽  
Fifa World Cup ◽  
Long Run ◽  
Geographical Characteristics

Numerous studies have shown that hosting the FIFA World Cup potentially creates positive economic benefits although it costs a substantial amount of money. The biggest cost comes from infrastructure needs which are highly correlated with a country�s geographical characteristics. This research evaluates the feasibility of hosting the FIFA World Cup in Indonesia given its geographical characteristics. Using data compiled from various studies, estimation was conducted using Cost-Benefit Analysis. Results show that hosting the FIFA World Cup is not financially profitable for Indonesia. However, after accounting for potential social benefits, economic analysis suggested that in the short run, it potentially boosts tourism and income of related sectors. In the long run, benefits include acquiring top notch stadiums, provision of high quality infrastructure, training opportunities for talented young players, and exposure of Indonesia�s tourist attractions. These social benefits may outweigh the financial loss; making the hosting project economically viable.

scholarly journals Monitoring Measures in the Elimination of Malaria in Fujian, China: A Cost-Benefit Analysis

2020 ◽  
Author(s):  
Chun-Yan HUANG ◽  
Shan-Ying Zhang ◽  
Zhu-Yun CHEN ◽  
Han-Guo XIE ◽  
Rong OUYANG
Keyword(s):  
Health Economics ◽  
Malaria Elimination ◽  
Cost Benefit Analysis ◽  
Cost Benefit ◽  
Social Benefits ◽  
Benefit Analysis ◽  
Fujian Province ◽  
Total Cost ◽  
Per Capita ◽  
The Cost

Abstract Background: Malaria is an insect-borne infectious disease that spreads through bites from infected Anopheles mosquitos. The disease seriously endangers human health and economic development. The study focuses on Fujian Province, China, which entered the final stage of malaria elimination stage in 2005. In order to understand the costs and benefits of malaria monitoring measures during the elimination stage, the health economics of the monitoring measures should be examined. Methods: Data on the number of cases during the malaria elimination stage (2005–2019) in Fujian Province were collected and sorted. The basic economic data were obtained from the Fujian Statistical Yearbook. Based on the fundamental theories in health economics, a cost-benefit analysis was conducted based on the data. Specifically, the cost of monitoring measures during the malaria elimination stage was calculated by economic cost and compared to the benefits, which were quantified based on economic and social benefits of the monitoring measures.Results: The total cost of monitoring measures in the malaria elimination stage was estimated at 607,878,783.36 yuan (USD 87,534,544.80). The components of the total cost were: case detection and treatment, which accounted for 66.62% of costs, health education with 13.31%, epidemic monitoring, 10.05%, supervision and assessment, 5.15%, and training and meetings took 4.87%. The total benefit of the monitoring measures in the malaria elimination stage was valued at about 116,123,417,911.81 yuan (USD 16,721,772,179.30). Direct economic benefit accounted for 22.61% of the total, while the social benefit was 77.39%. The cost-benefit analysis of the malaria elimination stage showed that the net benefit of monitoring measures was about 115,515,539,128.45 yuan (USD 16,634,237,634.50) and the benefit-cost ratio was 191.03. The monitoring cost for residents was 1.08 yuan (USD 0.16) per capita, and the benefit for residents was 206.12 yuan (USD 29.68) per capita. Conclusions: The monitoring measures conducted in the malaria elimination stage are a highly cost-effective intervention for reducing the negative impact of malaria in Fujian Province. Over the past 15 years, malaria control work has achieved excellent economic and social benefits in Fujian and the work should continue. The framework and results of this study conform to the principles of health economics and have a reference value for current malaria monitoring practices.

scholarly journals Cost-Benefit Analysis of continuous cover forestry and buffer zones as Nature Based Solutions to preserve water quality level in Lake Puruvesi and in its sub-catchment area.

2020 ◽  
Author(s):  
Jaakko Juvonen
Keyword(s):  
Water Quality ◽  
Nutrient Loading ◽  
Cost Benefit Analysis ◽  
Cost Benefit ◽  
Buffer Zone ◽  
Social Benefits ◽  
Quality Level ◽  
Benefit Analysis ◽  
Buffer Zones ◽  
Continuous Cover Forestry

<p>Mitigation of the perceived risks of climate change is urgent issue in many fields. This research focuses on providing information to support decision making in mitigation of hydro-meteorological risks that climate change causes to the water quality in Lake Puruvesi and in its sub-catchment area. This study reviews continuous cover forestry (CCF) and buffer zones as possible nature-based solutions (NBS) that could achieve the goal of keeping the water quality level in study site on current level or improve it. The main research question of this research is: Is it economically cost-efficient to implement continuous cover forestry and buffer zones as nature-based solutions to mitigate nutrient loading in research area so that the water quality will stay at least at the current level in the future?</p><p>Previous research has shown that CCF can be economically feasible way to manage forests. In addition to this, continuous cover forestry and buffer zones can reduce nutrient loading from forests to nearby waters. These solutions are evaluated in the framework of cost-benefit analysis which is the main method in this study. The aim is to monetize costs and benefits that NBS implementation will cause. If the net social benefits after analysis are positive, the project should be recommended. In this study recreation values from the study site were obtained by utilizing pre-existing valuation studies made by Finnish Natural Resource Center. Costs on the other hand were derived by using size-structured forest optimization model. The economic loss for forest owners is the difference between their optimal forest management choice, and the optimized solution, where clearcutting is restricted. In the buffer zone case optimization was similar but the costs from buffer zones are directly the maximized profits from forest as the buffer zone is completely left out from any forestry.</p><p>In both cases CCF was the optimal forest management regime for the sample forests. When these costs were compared to the benefits this study produced positive net social benefits and hence CCF and buffer zones should be recommended as NBS in the study site. However, there are quite large assumptions made in this study, and further modeling of nutrient flow in study site is required as the quantified impacts of nutrient run-off are still unclear. For this reason, further research is required for more precise analysis regarding quantified impacts.</p>

Evaluating the Economic Viability of Public Investments in Tourism

2019 ◽  
Vol 11 (1) ◽  
pp. 101-130
Author(s):  
Onil Banerjee ◽  
Martin Cicowiez ◽  
Adela Moreda
Keyword(s):  
Computable General Equilibrium ◽  
Cost Benefit Analysis ◽  
Cost Benefit ◽  
Analytical Techniques ◽  
Integrated Approach ◽  
Economic Viability ◽  
Benefit Analysis ◽  
Development Bank ◽  
Public Investments ◽  
Benefits And Costs

AbstractVarious methods have been applied to evaluating the economic viability of public investments in tourism. In this article, we capitalize on the strengths of computable general equilibrium and cost-benefit analytical techniques and develop an integrated approach to evaluating public investments in tourism. We apply the approach to the evaluation of a US$6.25 million investment in tourism in Uruguay from the perspective of a multilateral development bank and a beneficiary government. These perspectives differ in a cost-benefit analysis (CBA) due to the timing of the costs incurred. The integrated approach is powerful in that it captures first and subsequent rounds of investment impacts of benefits and costs; resource diversion and constraints are accounted for, and the estimation of benefits is consistent with the welfare economics underpinnings of CBA.

scholarly journals The social value of science shops: A cost-benefit analysis

2012 ◽  
Vol 6 (3-4) ◽  
pp. 23-30 ◽  
Author(s):  
Esther Boere ◽  
Wim Heijman
Keyword(s):  
Civil Society ◽  
Cost Benefit Analysis ◽  
Cost Benefit ◽  
Civil Society Organizations ◽  
Social Value ◽  
Social Benefits ◽  
Research Projects ◽  
Benefit Analysis ◽  
University Departments ◽  
The Social

We describe and apply a method to determine the net social benefits of science shops. University departments operating as science shops coordinate research projects for individuals or civil society organizations (CSO) lacking the financial means to turn to professional consultancy bureaus. Three cases are analyzed; the science shops atWageningen, Brussels and Eindhoven. After investigation, it appears that under the normal assumptions for the application of CBA, the science shops concerned show positive net social benefits.

scholarly journals A COST BENEFIT ANALYSIS OF DELHI AIRPORT PPP PROJECT

2017 ◽  
Vol 8 (1) ◽  
pp. 13-30
Author(s):  
Sumana Chaudhuri ◽  
Ranjan Chaudhuri
Keyword(s):  
Cost Benefit Analysis ◽  
Cost Benefit ◽  
Frame Of Reference ◽  
Social Goals ◽  
Benefit Analysis ◽  
Financial Returns ◽  
Social Evaluation ◽  
International Airport ◽  
The Cost ◽  
Benefits And Costs

One of the central tenets of the cost benefit analysis (CBA) literature is the divergence between a project’s financial returns and social evaluation of what is desirable from the larger economic priorities and social goals of development. This article focuses on building a base of CBA for Delhi International Airport Limited (DIAL) as a case for Brownfield PPP Airport Project in India. The process of evaluation of the relative merits of the project in terms of the accrued benefits and costs, serves as a template for future frame of reference in similar PPP airport projects.

scholarly journals Unquantified Benefits and the Problem of Regulation under Certainty

2018 ◽  
Author(s):  
Jonathan S. Masur ◽  
Eric A. Posner
Keyword(s):  
Cost Benefit Analysis ◽  
Cost Benefit ◽  
Regulatory Agencies ◽  
Benefit Analysis ◽  
Data Set ◽  
Agency Staff ◽  
Prior Probabilities ◽  
New Information ◽  
Benefits And Costs ◽  
Bayesian Prior

102 Cornell Law Review 87 (2016)Regulatory agencies are required to perform cost-benefit analysis of major rules. However, in many cases regulators refuse to report a monetized value for the benefits of a rule that they issue. Sometimes, they report no monetized value; at other times, they report a monetized value but also state that not all benefits have been quantified. On occasion, regulators also refuse to monetize or fully monetize costs. These practices raise a puzzle. If a regulator chooses not to monetize all the benefits or all the costs, it is not doing cost-benefit analysis. If it is not doing cost-benefit analysis, what is it doing? To investigate this question, we compiled a data set consisting of all major regulations issued by agencies from 2010 to 2013. We come to three conclusions. First, there are countless examples where agencies fail to fully monetize the benefits and costs of regulations. Second, in most cases, agencies could easily monetize or partially monetize those benefits and costs. Third, even where monetization would be difficult, the agencies could and should have made explicit the implicit valuations they relied on and supported those valuations as much as possible with empirical evidence. We then proceed to explain how agencies could engage in cost-benefit analysis even when they do not have a reliable basis for estimating valuations. Even where they lack complete data, agency regulators may be able to make reasonable guesses about the harms or benefits from regulations. In many cases, these guesses will be based on the experience and latent knowledge of the agency staff. These preliminary guesses constitute Bayesian prior probabilities. While agencies should be permitted to “guess” — that is, supply a subjective prior probability — they must also be required to update their estimates as they gain new information.

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