ALL |
META-ANALYSIS |
CITATIONS |
|
Benefit-Cost Summary Statistics Per Participant | ||||||
---|---|---|---|---|---|---|
Benefits to: | ||||||
Taxpayers | $3,797 | Benefits minus costs | $26,081 | |||
Participants | $5,424 | Benefit to cost ratio | $39.74 | |||
Others | $1,646 | Chance the program will produce | ||||
Indirect | $15,888 | benefits greater than the costs | 78% | |||
Total benefits | $26,754 | |||||
Net program cost | ($673) | |||||
Benefits minus cost | $26,081 | |||||
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. |
39 | 1 | 19 | -0.096 | 0.310 | 39 | n/a | n/a | n/a | -0.096 | 0.758 | |
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. |
39 | 37 | 1323 | -0.519 | 0.060 | 39 | -0.154 | 0.238 | 40 | -0.519 | 0.001 | |
Cannabis use^ Adult use of cannabis that does not rise to the level of “disordered.” |
39 | 1 | 19 | -0.301 | 0.312 | 39 | n/a | n/a | n/a | -0.301 | 0.334 |
Detailed Monetary Benefit Estimates Per Participant | ||||||
Affected outcome: | Resulting benefits:1 | Benefits accrue to: | ||||
---|---|---|---|---|---|---|
Taxpayers | Participants | Others2 | Indirect3 | Total |
||
Illicit drug use disorder | Criminal justice system | $2 | $0 | $4 | $1 | $7 |
Labor market earnings associated with illicit drug abuse or dependence | $1,612 | $3,797 | $0 | $0 | $5,409 | |
Health care associated with illicit drug abuse or dependence | $1,598 | $247 | $1,642 | $799 | $4,286 | |
Mortality associated with illicit drugs | $585 | $1,379 | $0 | $15,424 | $17,389 | |
Program cost | Adjustment for deadweight cost of program | $0 | $0 | $0 | ($337) | ($337) |
Totals | $3,797 | $5,424 | $1,646 | $15,888 | $26,754 | |
Detailed Annual Cost Estimates Per Participant | ||||
Annual cost | Year dollars | Summary | ||
---|---|---|---|---|
Program costs | $548 | 2012 | Present value of net program costs (in 2022 dollars) | ($673) |
Comparison costs | $0 | 2012 | 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. |
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