A Bibliometric Mapping of Cost-Benefit Analysis—Three Decades of Studies

Majerová, Ingrid; Abdrazakova, Ainur

doi:10.3390/economies9030110

Cited by 7 publications

(4 citation statements)

References 92 publications

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“…The deep (bibliometric) mapping of using the cost benefit analysis in research was done by [ 23 ] in their last study. But even though this type of analysis is widely used, no output has yet been published on its application to hospital navigation systems.…”

Section: Methodsmentioning

confidence: 99%

Implementation of a navigation system: Economic verification in a local hospital

Majerová

Michna²,

Lebiedzik³

et al. 2022

PLoS ONE

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Healthcare, like other industries, is increasingly using smart technologies, which also include intelligent/smart wayfinding navigation. The focus of this article, as part of the research project (its second step), was to analyze the economic effectiveness of the introduction of the wayfinding system in a local hospital in the Czech Republic. In the first phase/step of the project, possible variants of the solution were identified, verification of possible functioning, and a questionnaire survey was conducted among employees and patients regarding the waste of time in search of destination and preferences of various forms of navigation. Based on the above, it was decided to develop our own mobile application. To determine the effectiveness of this method of implementation of the new system, economic verification was used by the cost-benefit analysis method. Although the use of this method has not been required in the implementation of funded projects within the European Union since 2021, it was chosen for clarifying the pros and cons in many both investment and non-investment projects. In addition to the net present value calculation, the benefit cost ratio, profitability index, and payback period were used for evaluation. The time saving of medical staff, calculated on the basis of a questionnaire survey in the hospital (the first step of the project), was used as a benefit. The costs used were the salaries paid out in the research project, the investment, and the operating costs over the lifetime of the navigation system, which is estimated at eleven years. Using the above indicators, the implementation of the navigation system was found to be effective, despite the initial high costs. Based on these results, as part of the third step of the project, the navigation system will be implemented in the given hospital—the testing phase was taking place in the last quarter of 2021, and the full implementation is expected during the 2022.

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Section: Methodsmentioning

confidence: 99%

Implementation of a navigation system: Economic verification in a local hospital

Majerová

Michna²,

Lebiedzik³

et al. 2022

PLoS ONE

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“…Other factors such as fish productivity and environmental costs are not included in this study. Scenario comparison was used in this study to analyze different methods used for aquaculture wastewater treatment [35].…”

Section: Scope and Limitations Of Cost-benefit Analysismentioning

confidence: 99%

“…( 3) [46] and Eq. ( 4) [35]. The profitable scenario is indicated by positive net profit value [45] and cost-benefit ratio greater than 1 [35].…”

Section: Cost-benefit Analysismentioning

confidence: 99%

Performance of Chemical-Based vs Bio-Based Coagulants in Treating Aquaculture Wastewater and Cost-benefit Analysis

Kurniawan¹,

Ahmad²,

Imron³

et al. 2022

Pol. J. Environ. Stud.

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Aquaculture sector plays important role for the economic development in Malaysia, but environmental concerns are arising due to the pollution caused by the discharge of untreated wastewater. Coagulation-flocculation-sedimentation is currently the best practice of aquaculture wastewater treatment. This research aims to compare the performance of chemical-based (alum) and bio-based (neem leaves) coagulants in treating aquaculture effluent while also studying the economic feasibility. Alum showed higher removal efficiencies of total suspended solid (99.7%), turbidity (98.8%), and color (97.3%), while neem coagulant showed a lower dosage needed to achieve the optimum performance. The total cost included capital and operational costs, while total benefit included the potential of water reuse and reclaimed valuable products from sludge. The net profit reveals negative values for both scenarios, while cost-benefit ratio showed 0 and 0.06 values for alum and neem coagulants, respectively. These values indicated that both scenarios are not feasible to gain economical profit, while the utilization of neem coagulant present benefit for water reuse and sludge utilization. A deeper analysis using Social Return on Investment (SROI) method is suggested to include the non-traditional calculation in cost-benefit analysis such as social and environmental values of the scenarios.

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“…Other filters concerned the type of document and the language, searching for only research papers and in English language. Our decision was based on the assumption that English is the common language of science or the most used language of scientific publication [84] and it is widely considered as the "lingua franca" for academic purposes also among non-Anglophone researchers [85,86]. After the gathering process, the total number of papers decreased to 508.…”

Section: Data Collectionmentioning

confidence: 99%

Destination Resilience and Innovation for Advanced Sustainable Tourism Management: A Bibliometric Analysis

et al. 2021

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Over the years, literature on the topic of destination resilience has gained increasing attention in different fields (strategic management; sociology; etc.). Therefore, the potentiality of resilience in the tourism field has stimulated the definition and the implementation of strategies, policies, and activities addressed to mitigate risks and seize opportunities through open innovation attitudes in times of crisis. This work aims to contribute to the debate on tourist destination resilience by proposing a conceptual framework of destination resilience and open innovation based on a bibliometric analysis. Moreover, this article is intended as a starting point for a wider discussion of factors that contribute to destination resilience and therefore provides the basis to develop a toolkit of matrixes and approaches. Findings reveal that resilience assessment, as well as in terms of performance, remain undiscovered. Moreover, the present research poses some unresolved questions, shaping interesting future research directions.

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A Bibliometric Mapping of Cost-Benefit Analysis—Three Decades of Studies

Cited by 7 publications

References 92 publications

Implementation of a navigation system: Economic verification in a local hospital

Implementation of a navigation system: Economic verification in a local hospital

Performance of Chemical-Based vs Bio-Based Coagulants in Treating Aquaculture Wastewater and Cost-benefit Analysis

Destination Resilience and Innovation for Advanced Sustainable Tourism Management: A Bibliometric Analysis

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