ALL |
META-ANALYSIS |
CITATIONS |
|
Benefit-Cost Summary Statistics Per Participant | ||||||
---|---|---|---|---|---|---|
Benefits to: | ||||||
Taxpayers | $2,364 | Benefits minus costs | $9,393 | |||
Participants | $3,046 | Benefit to cost ratio | $7.62 | |||
Others | $1,187 | Chance the program will produce | ||||
Indirect | $4,214 | benefits greater than the costs | 60% | |||
Total benefits | $10,812 | |||||
Net program cost | ($1,418) | |||||
Benefits minus cost | $9,393 | |||||
Meta-Analysis of Program Effects | ||||||||||||
Outcomes measured | Treatment age | No. of effect sizes | Treatment N | Effect sizes (ES) and standard errors (SE) used in the benefit-cost analysis | Unadjusted effect size (random effects model) | |||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|
First time ES is estimated | Second time ES is estimated | |||||||||||
ES | SE | Age | ES | SE | Age | ES | p-value | |||||
Major depressive disorder^^ Clinical diagnosis of major depression or symptoms measured on a validated scale. |
30 | 1 | 19 | 0.002 | 0.472 | 30 | n/a | n/a | n/a | 0.002 | 0.996 | |
Illicit drug use disorder Clinical diagnosis of illicit drug use disorder or symptoms measured on a validated scale. When possible, we exclude cannabis/marijuana use disorder from this outcome. |
30 | 8 | 248 | -0.580 | 0.129 | 30 | 0.000 | 0.187 | 33 | -0.580 | 0.001 | |
Anxiety disorder^^ Clinical diagnosis of an anxiety disorder (e.g., general anxiety, panic, social anxiety, obsessive compulsive disorder) or symptoms measured on a validated scale. |
30 | 1 | 19 | -0.641 | 0.470 | 30 | n/a | n/a | n/a | -0.641 | 0.173 |
Detailed Monetary Benefit Estimates Per Participant | ||||||
Affected outcome: | Resulting benefits:1 | Benefits accrue to: | ||||
---|---|---|---|---|---|---|
Taxpayers | Participants | Others2 | Indirect3 | Total |
||
Illicit drug use disorder | Criminal justice system | $5 | $0 | $14 | $2 | $21 |
Labor market earnings associated with illicit drug abuse or dependence | $955 | $2,249 | $0 | $0 | $3,203 | |
Health care associated with illicit drug abuse or dependence | $1,142 | $177 | $1,173 | $571 | $3,063 | |
Mortality associated with illicit drugs | $263 | $620 | $0 | $4,350 | $5,234 | |
Program cost | Adjustment for deadweight cost of program | $0 | $0 | $0 | ($709) | ($709) |
Totals | $2,364 | $3,046 | $1,187 | $4,214 | $10,812 | |
Detailed Annual Cost Estimates Per Participant | ||||
Annual cost | Year dollars | Summary | ||
---|---|---|---|---|
Program costs | $2,602 | 2013 | Present value of net program costs (in 2022 dollars) | ($1,418) |
Comparison costs | $1,432 | 2013 | Cost range (+ or -) | 20% |
Benefits Minus Costs |
Benefits by Perspective |
Taxpayer Benefits by Source of Value |
Benefits Minus Costs Over Time (Cumulative Discounted Dollars) |
The graph above illustrates the estimated cumulative net benefits per-participant for the first fifty years beyond the initial investment in the program. We present these cash flows in discounted dollars. If the dollars are negative (bars below $0 line), the cumulative benefits do not outweigh the cost of the program up to that point in time. The program breaks even when the dollars reach $0. At this point, the total benefits to participants, taxpayers, and others, are equal to the cost of the program. If the dollars are above $0, the benefits of the program exceed the initial investment. |
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