Risk Management of Outbreaks of Livestock Diseases

Inamura, Mitsuhiro; Rushton, Jonathan; Antón, Jesús

doi:10.1787/5jrrwdp8x4zs-en

Cited by 5 publications

(1 citation statement)

References 6 publications

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“…Within the domain of animal health economics, there is no agreed position on these four axes that is applied in all studies of disease impact. This issue was identified by Pritchett et al (19) in 2005, and ten years later by Inamura et al (20), indicating that progress has been slow in forming a consensus on how economic analyses of livestock disease emergencies should be carried out.…”

Section: What Is the Scale Of The Analysis?mentioning

confidence: 99%

Preparing for animal health emergencies: considerations for economic evaluation

Adamson¹,

Gilbert²,

Hamilton³

et al. 2020

Rev. Sci. Tech. OIE

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Livestock production systems and the societies in which they are embedded face a set of risks presented by infectious diseases and natural and human-made disasters which compromise animal health. Within this set, threats are posed by natural, deliberate and accidental actions that can cause sudden changes in animal health status, requiring the allocation of additional resources to manage animal health. Determining the benefit of preparing for such emergencies is a challenge when the total set of risks includes the unknown. Any method for analysing the economic costs and benefits of animal health emergencies must not only accommodate this uncertainty, but make it a central feature of the analysis. Cost-benefit analysis is a key approach to economically evaluating animal health interventions. However, the value of this approach in dealing with uncertainty is often called into question. This paper makes the case that, by restricting the outcomes of an emergency event to specified states of nature, boundaries can be placed on the uncertainty space, allowing cost-benefit analysis to be performed. This method, which merges state-contingent analysis with cost-benefit analysis, is presented here. Further discussion on the economic characteristics of emergency events, and the nature of the threats posed to animal health systems, is also provided.

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Section: What Is the Scale Of The Analysis?mentioning

confidence: 99%