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ArticlePublication 2019BCA in Low- and Middle-Income Countries: Introduction
This paper introduces the benefit-cost analysis reference case guidance project and the special issue of …
This paper introduces the benefit-cost analysis reference case guidance project and the special issue of the Journal for Benefit-Cost Analysis which contains several associated papers. Investing in global health and development requires making difficult choices about what policies to pursue and what level of resources to devote to different initiatives. Methods of economic evaluation are well established and widely used to quantify and compare the impacts of alternative investments. However, if not well conducted and…
Economics/Finance | Preferences/Values | Priority Setting/Ethics | Decision Analysis | Benefit-Cost Analysis | Social Determinants | Policy/Regulation | Health/Medicine | Global | Critical Thinking/Analysis -
ArticlePublication 2019Valuing Mortality Risk Reductions
This article and the accompanying working paper[1] review the literature and develop recommendations for valuing …
This article and the accompanying working paper[1] review the literature and develop recommendations for valuing mortality risk reductions in benefit-cost analyses that address low- and middle-income countries. Increasing life expectancy is a major goal of many policies implemented around the world. As a result, the value of reducing mortality risks has been extensively studied and several organizations have developed recommendations for estimating these values. However, both the recommendations and the underlying research primarily address high-income…
Economics/Finance | Preferences/Values | Priority Setting/Ethics | Health Outcomes | Decision Analysis | Benefit-Cost Analysis | Social Determinants | Policy/Regulation | Health/Medicine | Global | Critical Thinking/Analysis -
ArticlePublication 2019Valuing Changes in Time Use
This paper reviews the literature on the monetary value of time in low- and middle-income …
This paper reviews the literature on the monetary value of time in low- and middle-income countries, focusing on time spent in the informal sector; i.e., for which no compensation is received. Valuing changes in time use is often a critical element of economic analyses of development projects, which may affect the time spent in activities such as collecting water or traveling to health clinics. The authors find support for a commonly-used benchmark of 50% of…
Economics/Finance | Preferences/Values | Priority Setting/Ethics | Costing Methods | Decision Analysis | Benefit-Cost Analysis | Social Determinants | Policy/Regulation | Health/Medicine | Global | Critical Thinking/Analysis -
ArticlePublication 2019Accounting for Timing
This paper offers guidance on the analysis of project impacts over time so that they …
This paper offers guidance on the analysis of project impacts over time so that they can be discounted appropriately in cost-effectiveness or benefit-cost analysis. The quantification and conversion of the time streams of different effects into their equivalent health, health care cost, or consumption effects, avoids embedding multiple arguments in discounting approaches. It helps identify where parameters are likely to differ, what type of evidence is relevant, what is currently known, and how this evidence…
Economics/Finance | Preferences/Values | Priority Setting/Ethics | Costing Methods | Decision Analysis | Benefit-Cost Analysis | Social Determinants | Policy/Regulation | Health/Medicine | Global | Critical Thinking/Analysis -
ArticlePublication 2019Valuing Protection against Financial Risk
This paper explores the value of the financial risk protection provided by health insurance. While …
This paper explores the value of the financial risk protection provided by health insurance. While the benefits of reducing financial risks have long been recognized, less attention has been paid to how best to measure them. This paper provides a framework for assessing these benefits, focusing on three types of impacts: pooling the risk of unexpected medical expenditures between healthy and sick households, redistributing resources from high to low income recipients, and smoothing consumption over…
Economics/Finance | Preferences/Values | Priority Setting/Ethics | Decision Analysis | Benefit-Cost Analysis | Cost-Effectiveness Analysis | Social Determinants | Health Systems | Policy/Regulation | Health/Medicine | Global | Critical Thinking/Analysis -
ArticlePublication 2019Improving Nutrition in Haiti
This case study examines the costs and benefits of a package of interventions targeting pregnant …
This case study examines the costs and benefits of a package of interventions targeting pregnant women and children to improve nutrition outcomes in Haiti. These interventions are expected to reduce child stunting, low birthweights, and maternal anemia, as well as deaths to infants and mothers and childhood illnesses. The paper tests the effects of various methodological choices on the valuation of avoided mortality, avoided non-fatal health risks and lifetime productivity, and finds that the benefits…
Economics/Finance | Preferences/Values | Priority Setting/Ethics | Health Outcomes | Decision Analysis | Benefit-Cost Analysis | Maternal/Reproductive Health | Child/Nutrition | Social Determinants | Policy/Regulation | Health/Medicine | Global | Critical Thinking/Analysis -
ArticlePublication 2019Controlling Tuberculosis in South Africa
This case study examines the use of both cost-effectiveness analysis and benefit-cost analysis to address …
This case study examines the use of both cost-effectiveness analysis and benefit-cost analysis to address the likely impacts of competing interventions to improve identification of patients with tuberculosis in South Africa. It considers the impacts of different methodological choices for valuing mortality risk reductions and morbidity risk reductions. The results suggest that all combinations of interventions reduced untreated active disease and are likely to result in substantial gains compared to existing interventions.
Economics/Finance | Preferences/Values | Priority Setting/Ethics | Health Outcomes | Decision Analysis | Benefit-Cost Analysis | Infectious Diseases | Policy/Regulation | Health/Medicine | Global | Critical Thinking/Analysis -
ArticlePublication 2019Reducing Air Pollution in India
This case study examines reducing air pollution in India. Air pollution is a persistent and …
This case study examines reducing air pollution in India. Air pollution is a persistent and well-established public health problem in India, and could worsen significantly over time if additional pollution controls are not implemented. The authors site a model coal-fired electricity generating unit at eight locations and examine the benefits and costs of retrofitting the plant with a scrubber unit that reduces sulfur dioxide emissions. They quantify the mortality benefits associated with the reduction in…
Economics/Finance | Preferences/Values | Priority Setting/Ethics | Health Outcomes | Decision Analysis | Benefit-Cost Analysis | Environmental Health | Policy/Regulation | Health/Medicine | Global | Critical Thinking/Analysis
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