ALL |
META-ANALYSIS |
CITATIONS |
|
Benefit-Cost Summary Statistics Per Participant | ||||||
---|---|---|---|---|---|---|
Benefits to: | ||||||
Taxpayers | $368 | Benefits minus costs | $925 | |||
Participants | $662 | Benefit to cost ratio | $5.83 | |||
Others | $102 | Chance the program will produce | ||||
Indirect | ($14) | benefits greater than the costs | 84% | |||
Total benefits | $1,117 | |||||
Net program cost | ($192) | |||||
Benefits minus cost | $925 | |||||
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 | |||||
Smoking before end of middle school Any smoking of tobacco by the end of middle school, typically by age 13. |
12 | 2 | 2882 | -0.017 | 0.028 | 12 | -0.017 | 0.028 | 13 | -0.051 | 0.067 | |
Smoking before end of high school Any smoking of tobacco by the end of high school, typically between ages 14 and 18. |
12 | 2 | 2261 | -0.047 | 0.035 | 15 | -0.047 | 0.035 | 18 | -0.145 | 0.001 | |
Tobacco sales to minors^ Sales of tobacco to minors (youth under 18), often measured as buy rate or sales rate from surveys. |
12 | 4 | 123 | -0.324 | 0.153 | 12 | n/a | n/a | n/a | -0.709 | 0.001 |
Detailed Monetary Benefit Estimates Per Participant | ||||||
Affected outcome: | Resulting benefits:1 | Benefits accrue to: | ||||
---|---|---|---|---|---|---|
Taxpayers | Participants | Others2 | Indirect3 | Total |
||
Smoking before end of high school | Labor market earnings associated with smoking | $268 | $632 | $0 | $0 | $900 |
Health care associated with smoking | $98 | $28 | $102 | $49 | $277 | |
Mortality associated with smoking | $1 | $2 | $0 | $32 | $35 | |
Program cost | Adjustment for deadweight cost of program | $0 | $0 | $0 | ($96) | ($96) |
Totals | $368 | $662 | $102 | ($14) | $1,117 | |
Detailed Annual Cost Estimates Per Participant | ||||
Annual cost | Year dollars | Summary | ||
---|---|---|---|---|
Program costs | $53 | 2015 | Present value of net program costs (in 2023 dollars) | ($192) |
Comparison costs | $0 | 2015 | Cost range (+ or -) | 30% |
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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