The need for econometric research in laboratory animal operations
The scarcity of research funding can affect animal facilities in various ways. These effects can be evaluated by examining the allocation of financial resources in animal facilities, which can be facilitated by the use of mathematical and statistical methods to analyze economic problems, a discipline known as econometrics. The authors applied econometrics to study whether increasing per diem charges had a negative effect on the number of days of animal care purchased by animal users. They surveyed animal numbers and per diem charges at 20 research institutions and found that demand for large animals decreased as per diem charges increased. The authors discuss some of the challenges involved in their study and encourage research institutions to carry out more robust econometric studies of this and other economic questions facing laboratory animal research.
Publication Source (Journal or Book title)
Baker, D. G., & Kearney, M. T. (2015). The need for econometric research in laboratory animal operations. Lab animal, 44 (6), 217-20. https://doi.org/10.1038/laban.737