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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2008/08/01
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Description: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. [Description provided by NIOSH]
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ISSN:1074-7583
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Pages in Document:351-363
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Volume:14
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Issue:3
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NIOSHTIC Number:nn:20035900
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Citation:J Agric Saf Health 2008 Aug; 14(3):351-363
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Contact Point Address:Kwame Owusu-Edusei Jr., Prevention Effectiveness Fellow, National Institute for Occupational Safety and Health, CDC, 1095 Willowdale Rd., MS/1811, Morgantown, WV 26505
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Email:kfo0@cdc.gov
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Federal Fiscal Year:2008
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Peer Reviewed:True
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Source Full Name:Journal of Agricultural Safety and Health
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Main Document Checksum:urn:sha-512:a97b4ae6fc91cf5b909c72310797e49fdd117da6a408eae0cf427a74e03ca3e4c4e870855ee8ad29a7bef3e000ecc0e61879ebf5236db7895e0e2a05004faf0d
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