Framework for Estimating Indirect Costs in Animal Health Using Time Series Analysis.

ABSTRACT: Traditionally, cost-benefit analyses (CBAs) focus on the direct costs of animal disease, including animal mortality, morbidity, and associated response costs. However, such approaches often fail to capture the wider, dynamic market impacts that could arise. The duration of these market dislocations could last well after an initial disease outbreak. More generally, current approaches also muddle definitions of indirect costs, confusing debate on the scope of the totalities of disease-induced economic impacts. The aim of this work was to clarify definitions of indirect costs in the context of animal diseases and to apply this definition to a time series methodological framework to estimate the indirect costs of animal disease control strategies, using a foot and mouth disease (FMD) outbreak

SUBMITTER: Barratt AS 

PROVIDER: S-EPMC6592220 | biostudies-literature | 2019

REPOSITORIES: biostudies-literature