Table 12 CBA and payback period for eradication of BVDV from Ireland
From: Predicted costs and benefits of eradicating BVDV from Ireland
Suckler | Dairy | Sector:Beef | Total | |
|---|---|---|---|---|
Benefit (BVD losses saved*) (€m/year) | 27 | 55 | 20 | 102 |
Cost (test costs) (€m/year) | 6 | 4 | 10 | |
Benefit cost ratio | 5 | 14 | 10 | |
Total eradication costs (NPV €m) | 32 | 23 | 55 | |
Payback period (NPV/annual benefit) in years | 1.2 | 0.4 | 0.5 |