Comparative Cost-Effectiveness Analysis to Inform Policy in Developing Countries: A General Framework with Applications for Education
Name
Comparative Cost Effectiveness Analysis to Inform Policy in Developing Countries.pdf
Size
1.43 MB
Format
Adobe PDF
Checksum (MD5)
8388e96771ad3d8c0e20d9643cb479a7
Author(s)
Dhaliwal, Iqbal
Duflo, Esther
Glennerster, Rachel
Tulloch, Caitlin
Date Issued
December 2013
Journal
Education Policy in Developing Countries
Publisher
University of Chicago Press
Citation
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.
Version
Author's final manuscript
Abstract
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.
MIT Department
Massachusetts Institute of Technology. Department of Economics
Terms of Use
Creative Commons Attribution-Noncommercial-Share Alike
Persistent DSpace Link
DOI of Published Version
http://press.uchicago.edu/ucp/books/book/chicago/E/bo16835736.html
