Publication:
Cost-Effectiveness Measurement in Development : Accounting for Local Costs and Noisy Impacts

Simple item page
dc.contributor.authorPopova, Anna
dc.contributor.authorEvans, David K.
dc.date.accessioned2014-10-02T19:44:38Z
dc.date.available2014-10-02T19:44:38Z
dc.date.issued2014-09
dc.description.abstractAs evidence from rigorous impact evaluations grows in development, there have been more calls to complement impact evaluation analysis with cost analysis, so that policy makers can make investment decisions based on costs as well as impacts. This paper discusses important considerations for implementing cost-effectiveness analysis in the policy making process. The analysis is applied in the context of education interventions, although the findings generalize to other areas. First, the paper demonstrates a systematic method for characterizing the sensitivity of impact estimates. Second, the concept of context-specificity is applied to cost measurement: program costs vary greatly across contexts -- both within and across countries -- and with program complexity. The paper shows how adapting a single cost ingredient across settings dramatically shifts cost-effectiveness measures. Third, the paper provides evidence that interventions with fewer beneficiaries tend to have higher per-beneficiary costs, resulting in potential cost overestimates when extrapolating to large-scale applications. At the same time, recall bias may result in cost underestimates. The paper also discusses other challenges in measuring and extrapolating cost-effectiveness measures. For cost-effectiveness analysis to be useful, policy makers will require detailed, comparable, and timely cost reporting, as well as significant effort to ensure costs are relevant to the local environment.en
dc.identifierhttp://documents.worldbank.org/curated/en/2014/09/20196499/cost-effectiveness-measurement-development-accounting-local-costs-noisy-impacts-cost-effectiveness-measurement-development-accounting-local-costs-noisy-impacts
dc.identifier.doi10.1596/1813-9450-7027
dc.identifier.urihttps://hdl.handle.net/10986/20333
dc.languageEnglish
dc.language.isoen_US
dc.publisherWorld Bank Group, Washington, DC
dc.relation.ispartofseriesPolicy Research Working Paper;No. 7027
dc.rightsCC BY 3.0 IGO
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectACCOUNTING
dc.subjectACHIEVEMENT
dc.subjectANNUAL COST
dc.subjectBENEFICIARIES
dc.subjectCASH TRANSFERS
dc.subjectCIVIL SERVICE
dc.subjectCLASSROOM
dc.subjectCLASSROOMS
dc.subjectCOMMUNITY PARTICIPATION
dc.subjectCOMPUTER ASSISTED LEARNING
dc.subjectCOST ESTIMATES
dc.subjectCOST MEASUREMENT
dc.subjectCOST PER STUDENT
dc.subjectCOST-BENEFIT ANALYSIS
dc.subjectCOST-EFFECTIVENESS
dc.subjectCOSTS OF PROGRAMS
dc.subjectCRITICAL THINKING
dc.subjectDEGREES
dc.subjectDEMONSTRATION
dc.subjectDISADVANTAGED STUDENT
dc.subjectDISTANCE LEARNING
dc.subjectEARLY LITERACY
dc.subjectECONOMIES OF SCALE
dc.subjectEDUCATION POLICY
dc.subjectEDUCATION PROGRAM
dc.subjectEDUCATION PROGRAMS
dc.subjectEDUCATION SECTOR
dc.subjectEDUCATIONAL EFFECTIVENESS
dc.subjectEDUCATIONAL INVESTMENTS
dc.subjectEDUCATIONAL QUALITY
dc.subjectEFFECTIVENESS OF EDUCATION
dc.subjectENROLLMENT
dc.subjectEXCHANGE RATES
dc.subjectEXPENDITURES
dc.subjectFURTHER EDUCATION
dc.subjectGASOLINE
dc.subjectGOVERNMENT BUDGET
dc.subjectHEALTH INTERVENTIONS
dc.subjectHIGH SCHOOL
dc.subjectHIGH SCHOOL GRADUATES
dc.subjectHOUSEHOLD EXPENDITURES
dc.subjectHUMAN CAPITAL
dc.subjectINFLATION
dc.subjectJOB MARKET
dc.subjectLABOR MARKETS
dc.subjectLEARNING
dc.subjectLEARNING IMPACTS
dc.subjectLEARNING OUTCOMES
dc.subjectLEARNING PROGRAMS
dc.subjectLITERACY
dc.subjectLITERACY TESTS
dc.subjectLITERATURE
dc.subjectLOCAL CURRENCY
dc.subjectMONETARY VALUES
dc.subjectNUMBER OF STUDENTS
dc.subjectOPEN ACCESS
dc.subjectOPPORTUNITY COST
dc.subjectPAPERS
dc.subjectPEDAGOGICAL MATERIALS
dc.subjectPRIMARY EDUCATION
dc.subjectPRIMARY SCHOOLS
dc.subjectPROGRAM EVALUATION
dc.subjectPUBLIC EXPENDITURE
dc.subjectPUBLIC HEALTH
dc.subjectPUPIL-TEACHER RATIOS
dc.subjectREADING
dc.subjectREFORM PROJECT
dc.subjectREMEDIAL EDUCATION
dc.subjectRETURNS TO EDUCATION
dc.subjectSCHOLARSHIP PROGRAM
dc.subjectSCHOLARSHIPS
dc.subjectSCHOOL COMMITTEE
dc.subjectSCHOOL COMPLETION
dc.subjectSCHOOL DAY
dc.subjectSCHOOL DROPOUTS
dc.subjectSCHOOL GOVERNANCE
dc.subjectSCHOOL GRADUATE
dc.subjectSCHOOL PARTICIPATION
dc.subjectSCHOOL UNIFORMS
dc.subjectSCHOOLING
dc.subjectSCHOOLS
dc.subjectSHOW HOW
dc.subjectSOCIAL RETURN
dc.subjectSTUDENT LEARNING
dc.subjectSTUDENT PARTICIPATION
dc.subjectSTUDENT POPULATION
dc.subjectSTUDENT_LEARNING
dc.subjectTEACHER
dc.subjectTEACHER INCENTIVES
dc.subjectTEACHER SALARIES
dc.subjectTEACHER TRAINING
dc.subjectTEACHERS
dc.subjectTEST SCORES
dc.subjectTEXTBOOKS
dc.subjectTRAINING PROGRAMS
dc.subjectTRANSPORT
dc.subjectTRANSPORT INFRASTRUCTURE
dc.subjectTRANSPORTATION
dc.subjectTRANSPORTATION COST
dc.subjectTRANSPORTATION COSTS
dc.subjectTRUE
dc.subjectTUTORING
dc.subjectUNCERTAINTY
dc.subjectVITAMIN A
dc.subjectWORKERS
dc.titleCost-Effectiveness Measurement in Development : Accounting for Local Costs and Noisy Impactsen
dspace.entity.typePublication
okr.crossref.titleCost-Effectiveness Measurement in Development: Accounting for Local Costs and Noisy Impacts
okr.date.disclosure2014-09-01
okr.date.doiregistration2025-04-10T10:59:01.158386Z
okr.doctypePublications & Research::Policy Research Working Paper
okr.doctypePublications & Research
okr.docurlhttp://documents.worldbank.org/curated/en/2014/09/20196499/cost-effectiveness-measurement-development-accounting-local-costs-noisy-impacts-cost-effectiveness-measurement-development-accounting-local-costs-noisy-impacts
okr.globalpracticeEducation
okr.globalpracticeTransport and ICT
okr.globalpracticeGovernance
okr.guid969291468340210399
okr.identifier.doi10.1596/1813-9450-7027
okr.identifier.externaldocumentum000158349_20140911102144
okr.identifier.internaldocumentum20196499
okr.identifier.reportWPS7027
okr.language.supporteden
okr.pdfurlhttp://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2014/09/11/000158349_20140911102144/Rendered/PDF/WPS7027.pdfen
okr.topicTeaching and Learning
okr.topicPublic Sector Expenditure Policy
okr.topicEducation::Education For All
okr.topicTertiary Education
okr.topicTransport Economics Policy and Planning
okr.topicPublic Sector Development
okr.topicTransport
okr.unitOffice of the Chief Economist, Africa Region
okr.volume1 of 1
relation.isAuthorOfPublication837cee1f-30d9-57f4-bb0a-575f65176b3e
relation.isAuthorOfPublication.latestForDiscovery837cee1f-30d9-57f4-bb0a-575f65176b3e
relation.isSeriesOfPublication26e071dc-b0bf-409c-b982-df2970295c87
relation.isSeriesOfPublication.latestForDiscovery26e071dc-b0bf-409c-b982-df2970295c87
Files
Original bundle
Now showing 1 - 2 of 2
Thumbnail Image
Name:
WPS7027.pdf
Size:
1.01 MB
Format:
Adobe Portable Document Format
Download
No Thumbnail Available
Name:
WPS7027.txt
Size:
89.82 KB
Format:
Plain Text
Download
License bundle
Now showing 1 - 1 of 1
No Thumbnail Available
Name:
license.txt
Size:
1.71 KB
Format:
Plain Text
Description:
Download
Collections
Policy Research Working Papers