ALL |
META-ANALYSIS |
CITATIONS |
|
Benefit-Cost Summary Statistics Per Participant | ||||||
---|---|---|---|---|---|---|
Benefits to: | ||||||
Taxpayers | $588 | Benefits minus costs | $3,147 | |||
Participants | $853 | Benefit to cost ratio | $11.67 | |||
Others | $250 | Chance the program will produce | ||||
Indirect | $1,751 | benefits greater than the costs | 59% | |||
Total benefits | $3,442 | |||||
Net program cost | ($295) | |||||
Benefits minus cost | $3,147 | |||||
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 | |||||
Alcohol use disorder Clinical diagnosis of alcohol use disorder or symptoms measured on a validated scale. |
37 | 7 | 800 | -0.196 | 0.116 | 37 | 0.000 | 0.075 | 38 | -0.290 | 0.092 | |
Illicit drug use disorder Clinical diagnosis of illicit drug use disorder or symptoms measured on a validated scale. When possible, we exclude cannabis/marijuana use disorder from this outcome. |
37 | 29 | 1595 | -0.278 | 0.049 | 37 | 0.000 | 0.075 | 38 | -0.278 | 0.001 | |
Cannabis use^ Adult use of cannabis that does not rise to the level of “disordered.” |
37 | 3 | 319 | -0.049 | 0.118 | 37 | n/a | n/a | n/a | -0.049 | 0.676 |
Detailed Monetary Benefit Estimates Per Participant | ||||||
Affected outcome: | Resulting benefits:1 | Benefits accrue to: | ||||
---|---|---|---|---|---|---|
Taxpayers | Participants | Others2 | Indirect3 | Total |
||
Alcohol use disorder | Property loss associated with alcohol abuse or dependence | $0 | $0 | $1 | $0 | $1 |
Illicit drug use disorder | Criminal justice system | $0 | $0 | $1 | $0 | $1 |
Labor market earnings associated with illicit drug abuse or dependence | $255 | $601 | $0 | $0 | $856 | |
Health care associated with illicit drug abuse or dependence | $242 | $37 | $248 | $121 | $648 | |
Mortality associated with illicit drugs | $91 | $214 | $0 | $1,778 | $2,083 | |
Program cost | Adjustment for deadweight cost of program | $0 | $0 | $0 | ($147) | ($147) |
Totals | $588 | $853 | $250 | $1,751 | $3,442 | |
Detailed Annual Cost Estimates Per Participant | ||||
Annual cost | Year dollars | Summary | ||
---|---|---|---|---|
Program costs | $240 | 2012 | Present value of net program costs (in 2022 dollars) | ($295) |
Comparison costs | $0 | 2012 | Cost range (+ or -) | 40% |
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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