Sensitivity analysis, effects of changes in discount rate, unemployment rate and participation rate in economic costs of poisoning (Can$ million), British Columbia, 2016
Key driver | Direct costs | Indirect costs | Total costs |
---|---|---|---|
Discount rate | |||
1% | $108.87 | $746.06 | $854.93 |
1.5% (base case) | $108.87 | $703.61 | $812.49 |
3% | $108.87 | $597.97 | $706.84 |
5% | $108.87 | $494.02 | $602.89 |
change (1.5–1.0), % | 0 | 6.0 | 5.2 |
change (1.5–3.0), % | 0 | −15.0 | −13.0 |
change (1.5–5.0), % | 0 | −29.8 | −25.8 |
Unemployment rate | |||
4% | $108.87 | $718.59 | $827.46 |
6% (base case) | $108.87 | $703.61 | $812.49 |
8% | $108.87 | $688.64 | $797.51 |
change (6.0–4.0), % | 0 | 2.1 | 1.8 |
change (6.0–8.0), % | 0 | −2.1 | −1.8 |
Participation rate | |||
54.4% | $108.87 | $594.36 | $703.23 |
64.4% (base case) | $108.87 | $703.61 | $812.49 |
74.4% | $108.87 | $812.87 | $921.74 |
change (64.4–54.4), % | 0 | −15.5 | −13.4 |
change (64.4–74.4), % | 0 | 15.5 | 13.4 |
* Bolded values are the key drivers (base case) that were used to calculate the costs in this study. This table is showing the sensitivity of what the costs would have been using key driver values below or above the base case values.