ALL |
META-ANALYSIS |
CITATIONS |
|
Benefit-Cost Summary Statistics Per Participant | ||||||
---|---|---|---|---|---|---|
Benefits to: | ||||||
Taxpayers | $327 | Benefits minus costs | $1,295 | |||
Participants | $770 | Benefit to cost ratio | $10.37 | |||
Others | $406 | Chance the program will produce | ||||
Indirect | ($69) | benefits greater than the costs | 58% | |||
Total benefits | $1,433 | |||||
Net program cost | ($138) | |||||
Benefits minus cost | $1,295 | |||||
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 | |||||
Test scores Standardized, validated tests of academic achievement. |
10 | 5 | 3340 | 0.010 | 0.026 | 10 | 0.007 | 0.029 | 17 | 0.021 | 0.419 |
Detailed Monetary Benefit Estimates Per Participant | ||||||
Affected outcome: | Resulting benefits:1 | Benefits accrue to: | ||||
---|---|---|---|---|---|---|
Taxpayers | Participants | Others2 | Indirect3 | Total |
||
Test scores | Labor market earnings associated with test scores | $327 | $770 | $406 | $0 | $1,502 |
Program cost | Adjustment for deadweight cost of program | $0 | $0 | $0 | ($69) | ($69) |
Totals | $327 | $770 | $406 | ($69) | $1,433 | |
Detailed Annual Cost Estimates Per Participant | ||||
Annual cost | Year dollars | Summary | ||
---|---|---|---|---|
Program costs | $114 | 2013 | Present value of net program costs (in 2022 dollars) | ($138) |
Comparison costs | $0 | 2013 | Cost range (+ or -) | 10% |
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. |
Guryan, J., Kim, J.S., & Quinn, D.M. (2014). Does reading during the summer build reading skills? Evidence from a randomized experiment in 463 classrooms (NBER Working Paper 20689). Cambridge, MA: National Bureau of Economic Research.
Kim, J.S. (2006). Effects of a voluntary summer reading intervention on reading achievement: Results from a randomized field trial. Educational Evaluation and Policy Analysis, 28(4), 335-355.
Kim, J.S., & Guryan, J. (2010). The efficacy of a voluntary summer book reading intervention for low-income Latino children from language minority families. Journal of Educational Psychology, 102(1), 20-31.
Kim, J.S., & White, T.G. (2008). Scaffolding voluntary summer reading for children in grades 3 to 5: An experimental study. Scientific Studies of Reading, 12(1), 1-23.
Pagan, S. (2010). Children reading for pleasure: Investigating predictors of reading achievement and the efficacy of a paired-reading intervention to foster children's literacy skills. (Doctoral dissertation, Carleton University, 2010, UMI No. NR70556).