Comparative Cost-Effectiveness Analysis to Inform Policy in Developing Countries: A General Framework with Applications for Education
In this paper we discuss how comparative cost-effectiveness analyses can help inform policy in developing countries and the underlying methodological assumptions necessary for performing this kind of analysis. This paper does not suggest a single set of “correct” assumptions, because the assumptions...
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University of Chicago Press
2018
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Online Access: | http://hdl.handle.net/1721.1/116111 https://orcid.org/0000-0001-6105-617X https://orcid.org/0000-0002-9345-4858 |
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author | Dhaliwal, Iqbal Duflo, Esther Glennerster, Rachel Tulloch, Caitlin |
author2 | Massachusetts Institute of Technology. Department of Economics |
author_facet | Massachusetts Institute of Technology. Department of Economics Dhaliwal, Iqbal Duflo, Esther Glennerster, Rachel Tulloch, Caitlin |
author_sort | Dhaliwal, Iqbal |
collection | MIT |
description | In this paper we discuss how comparative cost-effectiveness analyses can help inform policy in developing countries and the underlying methodological assumptions necessary for performing this kind of analysis. This paper does not suggest a single set of “correct” assumptions, because the assumptions adopted in a costeffectiveness analysis should reflect the perspective of the intended user. Rather, we discuss the issues surrounding many of these assumptions, such as what discount rate to use or whether to include cash
transfers as program costs, and make recommendations on which assumptions might be reasonable given the perspective of a policymaker allocating resources between different projects. Examples are drawn from the education field to illustrate key issues and focus on specific applications to education. We hope this paper will contribute to the development of a more standard methodology for cost-effectiveness analyses and a better understanding of how these analyses can be created and used. |
first_indexed | 2024-09-23T08:21:06Z |
format | Article |
id | mit-1721.1/116111 |
institution | Massachusetts Institute of Technology |
language | en_US |
last_indexed | 2024-09-23T08:21:06Z |
publishDate | 2018 |
publisher | University of Chicago Press |
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spelling | mit-1721.1/1161112022-09-23T12:27:07Z Comparative Cost-Effectiveness Analysis to Inform Policy in Developing Countries: A General Framework with Applications for Education Dhaliwal, Iqbal Duflo, Esther Glennerster, Rachel Tulloch, Caitlin Massachusetts Institute of Technology. Department of Economics Duflo, Esther Dhaliwal, Iqbal Duflo, Esther Glennerster, Rachel Tulloch, Caitlin In this paper we discuss how comparative cost-effectiveness analyses can help inform policy in developing countries and the underlying methodological assumptions necessary for performing this kind of analysis. This paper does not suggest a single set of “correct” assumptions, because the assumptions adopted in a costeffectiveness analysis should reflect the perspective of the intended user. Rather, we discuss the issues surrounding many of these assumptions, such as what discount rate to use or whether to include cash transfers as program costs, and make recommendations on which assumptions might be reasonable given the perspective of a policymaker allocating resources between different projects. Examples are drawn from the education field to illustrate key issues and focus on specific applications to education. We hope this paper will contribute to the development of a more standard methodology for cost-effectiveness analyses and a better understanding of how these analyses can be created and used. 2018-06-05T18:02:39Z 2018-06-05T18:02:39Z 2013-12 Article http://purl.org/eprint/type/BookItem 9780226078717 9780226078687 9780226078854 http://hdl.handle.net/1721.1/116111 Dhaliwal, Iqbal et. al. "Comparative Cost-Effectiveness Analysis to Inform Policy in Developing Countries: A General Framework with Applications for Education." Education Policy in Developing Countries, edited by Paul Glewwe, University of Chicago Press, 2013. https://orcid.org/0000-0001-6105-617X https://orcid.org/0000-0002-9345-4858 en_US http://press.uchicago.edu/ucp/books/book/chicago/E/bo16835736.html Education Policy in Developing Countries Creative Commons Attribution-Noncommercial-Share Alike http://creativecommons.org/licenses/by-nc-sa/4.0/ application/pdf University of Chicago Press Duflo via Nick Albaugh |
spellingShingle | Dhaliwal, Iqbal Duflo, Esther Glennerster, Rachel Tulloch, Caitlin Comparative Cost-Effectiveness Analysis to Inform Policy in Developing Countries: A General Framework with Applications for Education |
title | Comparative Cost-Effectiveness Analysis to Inform Policy in Developing Countries: A General Framework with Applications for Education |
title_full | Comparative Cost-Effectiveness Analysis to Inform Policy in Developing Countries: A General Framework with Applications for Education |
title_fullStr | Comparative Cost-Effectiveness Analysis to Inform Policy in Developing Countries: A General Framework with Applications for Education |
title_full_unstemmed | Comparative Cost-Effectiveness Analysis to Inform Policy in Developing Countries: A General Framework with Applications for Education |
title_short | Comparative Cost-Effectiveness Analysis to Inform Policy in Developing Countries: A General Framework with Applications for Education |
title_sort | comparative cost effectiveness analysis to inform policy in developing countries a general framework with applications for education |
url | http://hdl.handle.net/1721.1/116111 https://orcid.org/0000-0001-6105-617X https://orcid.org/0000-0002-9345-4858 |
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