ALL |
META-ANALYSIS |
CITATIONS |
|
Benefit-Cost Summary Statistics Per Participant | ||||||
---|---|---|---|---|---|---|
Benefits to: | ||||||
Taxpayers | $1,470 | Benefits minus costs | $5,457 | |||
Participants | $3,062 | Benefit to cost ratio | n/a | |||
Others | $192 | Chance the program will produce | ||||
Indirect | $309 | benefits greater than the costs | 84% | |||
Total benefits | $5,033 | |||||
Net program cost | $424 | |||||
Benefits minus cost | $5,457 | |||||
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 | |||||
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. |
11 | 1 | 68 | -0.266 | 0.196 | 11 | -0.105 | 0.119 | 12 | -0.450 | 0.022 |
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 | $3 | $10 |
Labor market earnings associated with anxiety disorder | $1,278 | $3,009 | $0 | $0 | $4,287 | |
Health care associated with anxiety disorder | $186 | $53 | $192 | $93 | $524 | |
Program cost | Adjustment for deadweight cost of program | $0 | $0 | $0 | $212 | $212 |
Totals | $1,470 | $3,062 | $192 | $309 | $5,033 | |
Detailed Annual Cost Estimates Per Participant | ||||
Annual cost | Year dollars | Summary | ||
---|---|---|---|---|
Program costs | $660 | 2016 | Present value of net program costs (in 2023 dollars) | $424 |
Comparison costs | $927 | 2010 | Cost range (+ or -) | 15% |
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. |
Hancock, K., & Swain, J. (2016). Long term follow up in children with anxiety disorders treated with Acceptance and Commitment Therapy or cognitive behavioral therapy: Outcomes and predictors. Journal of Child and Adolescent Behaviour, 4,5