| Net monetary benefit of cost-effective rollover protective structures (CROPS): an estimate of the potential benefits of the CROPS research project. | |
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MedLine Citation:
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PMID: 18788335 Owner: NLM Status: MEDLINE |
Abstract/OtherAbstract:
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This study builds on an earlier study to examine the net monetary benefit of installing cost-effective rollover protective structures (CROPS) instead of utilizing existing ROPS retrofits for all estimated non-ROPS tractors in the year 2004. With the conservative estimates used in the analyses, results indicate that compared to the baseline option (no protective structure), the Install-ROPS option results in a loss of $310 million to society, while the Install-CROPS option results in a net monetary benefit of $276 million over a 20-year period. A comprehensive sensitivity analysis indicated that, for the extreme values (estimates) used, the estimated net monetary benefit is most sensitive to the probability of tractor overturn. Break-even analysis indicated that the unit cost of intervention for the Install-CROPS option can increase by about 58% and still be able to pay for itself. Even when the minimal unit cost of intervention for ROPS is used, the payback period is reduced substantially for the Install-CROPS option, by almost half the payback period. Finally, compared to existing ROPS retrofits, the net monetary benefit is $586 million, representing an estimate of the potential benefits of the CROPS research. |
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Authors:
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K Owusu-Edusei |
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Publication Detail:
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Type: Journal Article |
Journal Detail:
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Title: Journal of agricultural safety and health Volume: 14 ISSN: 1074-7583 ISO Abbreviation: J Agric Saf Health Publication Date: 2008 Jul |
Date Detail:
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Created Date: 2008-09-15 Completed Date: 2008-10-23 Revised Date: - |
Medline Journal Info:
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Nlm Unique ID: 9613956 Medline TA: J Agric Saf Health Country: United States |
Other Details:
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Languages: eng Pagination: 351-63 Citation Subset: IM |
Affiliation:
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Health Services Research and Evaluation Branch, Division of Sexually Transmitted Disease Prevention, Centers for Disease Control and Prevention, 1600 Clifton Road, MS E-80, Atlanta, GA 30333, USA. kfo0@cdc.gov |
Export Citation:
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APA/MLA Format Download EndNote Download BibTex |
| MeSH Terms | |
Descriptor/Qualifier:
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Accident Prevention
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economics* Agriculture / economics*, instrumentation* Cohort Studies Cost-Benefit Analysis Equipment Design* / economics, standards Equipment Safety* / economics, standards Humans Off-Road Motor Vehicles / economics, standards United States Wounds and Injuries / prevention & control |
From MEDLINE®/PubMed®, a database of the U.S. National Library of Medicine
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