ALL |
META-ANALYSIS |
CITATIONS |
|
Benefit-Cost Summary Statistics Per Participant | ||||||
---|---|---|---|---|---|---|
Benefits to: | ||||||
Taxpayers | $2,322 | Benefits minus costs | $7,197 | |||
Participants | $2,911 | Benefit to cost ratio | $9.97 | |||
Others | $2,614 | Chance the program will produce | ||||
Indirect | $153 | benefits greater than the costs | 59% | |||
Total benefits | $8,000 | |||||
Net program cost | ($803) | |||||
Benefits minus cost | $7,197 | |||||
Meta-Analysis of Program Effects | ||||||||||||
Outcomes measured | Treatment age | Primary or secondary participant | 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 | |||||
Externalizing behavior symptoms Symptoms of externalizing behavior (e.g., aggressive, hostile, or disruptive behavior) measured on a validated scale. |
8 | Primary | 2 | 140 | -0.062 | 0.156 | 9 | -0.034 | 0.095 | 12 | -0.123 | 0.521 |
Internalizing symptoms Symptoms of internalizing behavior (e.g., sadness, anxiety, or withdrawal) measured on a validated scale. |
8 | Primary | 2 | 134 | 0.029 | 0.162 | 9 | 0.029 | 0.162 | 11 | 0.056 | 0.712 |
Crime Any criminal conviction according to court records, sometimes measured through charges, arrests, incarceration, or self-report. |
8 | Primary | 1 | 147 | -0.099 | 0.146 | 18 | -0.099 | 0.146 | 26 | -0.177 | 0.225 |
Major depressive disorder Clinical diagnosis of major depression or symptoms measured on a validated scale. |
35 | Secondary | 1 | 133 | -0.132 | 0.151 | 35 | -0.069 | 0.476 | 37 | -0.236 | 0.118 |
Detailed Monetary Benefit Estimates Per Participant | ||||||
Affected outcome: | Resulting benefits:1 | Benefits accrue to: | ||||
---|---|---|---|---|---|---|
Taxpayers | Participants | Others2 | Indirect3 | Total |
||
Crime | Criminal justice system | $760 | $0 | $1,718 | $380 | $2,858 |
Externalizing behavior symptoms | K-12 special education | $77 | $0 | $0 | $39 | $116 |
Health care associated with externalizing behavior symptoms | $134 | $38 | $139 | $67 | $378 | |
Internalizing symptoms | Labor market earnings associated with high school graduation | ($7) | ($16) | ($9) | $0 | ($31) |
K-12 grade repetition | ($1) | $0 | $0 | $0 | ($1) | |
Health care associated with internalizing symptoms | ($19) | ($5) | ($20) | ($9) | ($53) | |
Costs of higher education | $1 | $2 | $0 | $1 | $4 | |
Subtotals | $946 | $18 | $1,829 | $476 | $3,269 | |
From secondary participant | ||||||
Major depressive disorder | Labor market earnings associated with major depression | $769 | $1,812 | $0 | $0 | $2,581 |
Health care associated with major depression | $197 | $56 | $203 | $98 | $554 | |
Mortality associated with depression | $1 | $1 | $0 | $14 | $16 | |
Subtotals | $967 | $1,869 | $203 | $113 | $3,152 | |
Program cost | Adjustment for deadweight cost of program | $0 | $0 | $0 | ($436) | $1,579 |
Totals | $2,322 | $2,911 | $2,614 | $153 | $8,000 | |
Detailed Annual Cost Estimates Per Participant | ||||
Annual cost | Year dollars | Summary | ||
---|---|---|---|---|
Program costs | $619 | 2011 | Present value of net program costs (in 2023 dollars) | ($803) |
Comparison costs | $0 | 2011 | Cost range (+ or -) | 10% |
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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