ALL |
META-ANALYSIS |
CITATIONS |
|
Benefit-Cost Summary Statistics Per Participant | ||||||
---|---|---|---|---|---|---|
Benefits to: | ||||||
Taxpayers | $1,738 | Benefits minus costs | $6,606 | |||
Participants | $3,513 | Benefit to cost ratio | n/a | |||
Others | $281 | Chance the program will produce | ||||
Indirect | $451 | benefits greater than the costs | 92% | |||
Total benefits | $5,983 | |||||
Net program cost | $624 | |||||
Benefits minus cost | $6,606 | |||||
Meta-Analysis of Program Effects | ||||||||||||
Outcomes measured | Treatment age | No. of effect sizes | Treatment N | Adjusted 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 | |||||
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. |
7 | 3 | 137 | -0.476 | 0.199 | 7 | -0.188 | 0.163 | 8 | -0.796 | 0.001 |
Detailed Monetary Benefit Estimates Per Participant | ||||||
Affected outcome: | Resulting benefits:1 | Benefits accrue to: | ||||
---|---|---|---|---|---|---|
Taxpayers | Participants | Others2 | Indirect3 | Total |
||
Anxiety disorder | K-12 grade repetition | $7 | $0 | $0 | $4 | $11 |
Labor market earnings associated with anxiety disorder | $1,459 | $3,436 | $0 | $0 | $4,894 | |
Health care associated with anxiety disorder | $272 | $77 | $281 | $136 | $766 | |
Program cost | Adjustment for deadweight cost of program | $0 | $0 | $0 | $312 | $312 |
Totals | $1,738 | $3,513 | $281 | $451 | $5,983 | |
Detailed Annual Cost Estimates Per Participant | ||||
Annual cost | Year dollars | Summary | ||
---|---|---|---|---|
Program costs | $475 | 2015 | Present value of net program costs (in 2022 dollars) | $624 |
Comparison costs | $927 | 2010 | 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. |
Kennedy, S. J., Rapee, R. M., & Edwards, S. L. (2009). A selective intervention program for inhibited preschool-aged children of parents with an anxiety disorder: Effects on current anxiety disorders and temperament. Journal of the American Academy of Child & Adolescent Psychiatry, 48(6), 602-609.
Thirlwall, K., Cooper, P.J., Karalus, J., Voysey, M., Willetts, L., & Creswell, C. (2013). Treatment of child anxiety disorders via guided parent-delivered cognitive-behavioural therapy: Randomised controlled trial. The British Journal of Psychiatry, 203(6), 436-444.
Waters, A.M., Ford, L.A., Wharton, T.A., & Cobham, V.E. (2009). Cognitive-behavioural therapy for young children with anxiety disorders: Comparison of a child + parent condition versus a parent only condition. Behaviour Research and Therapy, 47(8), 654-662.