Evidence map›Paper›PMID 36428403›Full record

ArticleAnimals : an open access journal from MDPI2022

Financial and Socio-Economic Effects of Investment in the Context of Dog Population Management.

Jasmina Ćetković, Miloš Žarković, Miloš Knežević, Meri Cvetkovska, Radoje Vujadinović, Snežana Rutešić, Željka Beljkaš, Marija Grujić, Bojan Adžić

Abstract read
In one paragraph

Article in Animals : an open access journal from MDPI, 2022. The graph could read no effect estimate from its abstract, so it casts no vote on the map. Cited by 3 papers, 1 of them a synthesis that pooled it.

0numbers the graph read from it
0cells of the map it votes in
3citing papers in PubMed, 1 pooled it
–field-weighted citation impact
1 · What the graph read from it

What it found

Each row is one number read from the abstract, on the scale the paper reported it, with its interval. Left of the dashed line favours the treatment, right favours the comparator. Under each row is the sentence it came from. New to these charts? A ten-minute tutorial.

The abstract states no effect estimate the extractor could read, or names no intervention and outcome on the map, so this paper lights no cell and moves no belief. It is still indexed, cited and linked below.

2 · The registry

The trial behind it

Trials whose registry record cites this paper, or whose number appears in the abstract. A trial that started after this paper was published is citing it as background, not reporting it.

Neither the registry nor the abstract names a trial number. If this is a trial report, that itself is worth knowing.

3 · Its place in the literature

Who cites it

3 citing papers in PubMed, 1 synthesis or guideline pooled it.

  1. Pooled it
  2. Article
  3. Article
4 · The record

Corrections and comments

PubMed lists nothing against this paper. Absence here is not a guarantee, only a check that was made.

5 · Who and what money

Authors and funding

9 authors.

Jasmina ĆetkovićFaculty of Economics, University of Montenegro, 81000 Podgorica, Montenegro.
Miloš ŽarkovićFaculty of Economics, University of Montenegro, 81000 Podgorica, Montenegro.ORCID 0000-0003-1930-4250
Miloš KneževićFaculty of Civil Engineering, University of Montenegro, 81000 Podgorica, Montenegro.
Meri CvetkovskaFaculty of Civil Engineering, Ss. Cyril and Methodius University, 1000 Skopje, North Macedonia.ORCID 0000-0002-9155-6420
Radoje VujadinovićFaculty of Mechanical Engineering, University of Montenegro, 81000 Podgorica, Montenegro.ORCID 0000-0002-4356-0556
Snežana RutešićFaculty of Civil Engineering, University of Montenegro, 81000 Podgorica, Montenegro.
Željka BeljkašFaculty of Civil Engineering, University of Montenegro, 81000 Podgorica, Montenegro.ORCID 0000-0002-1648-9512
Marija GrujićFaculty of Civil Engineering, University of Belgrade, 11000 Belgrade, Serbia.
Bojan AdžićDiagnostic Veterinary Laboratory, 81000 Podgorica, Montenegro.

Funding

No grant is acknowledged in the PubMed record.

6 · The paper itself

Abstract

The modern world faces serious challenges associated with the presence of stray dogs on the streets, especially in urban areas. Vardar Planning Region in North Macedonia, which consists of nine municipalities, experiences such challenges. According to current reports, the number of stray dogs on the streets of cities in this region has increased, which has resulted in an increase in the number of dog attacks on residents. As the existing capacities are small in the registered shelters, we considered the possibility of building a new shelter for stray dogs to meet the needs of this region. The goal of our paper is the evaluation of the financial and socio-economic justifications for the construction of a shelter for stray dogs in the Vardar Planning Region (VPR). The results of the financial justification analysis show that the project does not provide satisfactory financial results. Namely, the Financial Net Present Value (FNPV) is negative, with a value of EUR 75,291. The Financial Internal Rate of Return (FIRR) is 0.57%, lower than the discount rate, which is not acceptable for a private investor. The Financial Benefit-Cost Ratio (FB/CR) of this project is 0.925, suggesting that the total discounted costs are greater than the total discounted revenues. On the other hand, the expected socio-economic benefits from this project are multifaceted, including savings in stray dog bite costs, savings in the cost of traffic accidents caused by stray dogs, and savings in the treatment of diseases caused by stray dogs. The results of the economic analysis show that this investment has full socio-economic justification and that it should be implemented. The Economic Net Present Value (ENPV) is positive and amounts to EUR 789,916. The Economic Internal Rate of Return (EIRR) is 25.94% and the Economic Benefit-Cost Ratio (EB/CR) amounts to 1.90, i.e., greater than 1. The results of the sensitivity analysis also confirm the justification for the realization of this project.

Indexed as

cost–benefit analysissheltersocio-economic benefitsstray dogswelfare of animals

Identifiers

PMID36428403
PMCPMC9686499

What OpenQuestion holds

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Registered trials

None linked

Read under generation 80e0d062 · epoch 390. Bibliography from PubMed, PubMed Central and OpenAlex; grants from NIH RePORTER; trial links from ClinicalTrials.gov; estimates, votes and beliefs from the OpenQuestion graph.