Return on Investment. The Evaluation of Costs and Benefits of Evidence-Based Programs

Little, Michael; Estovald, Triin

doi:10.5093/in2012a13

Vol. 21. Num. 2. - 2012. Pages 215-221

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Return on Investment. The Evaluation of Costs and Benefits of Evidence-Based Programs

[Retorno de las Inversiones. Evaluación de los Costes y Beneficios de los Programas Basados en la Evidencia]

Little,Michael Edovald,Triin

https://doi.org/10.5093/in2012a13

Abstract

Better quality data on costs and benefits of competing investment options in children's services is becoming available. In this paper, we describe the translation of one model developed for Washington State translated for use in the UK. The paper describes the approach and method used to develop the economic model, and adapt it for use in another country. Results from the United States are compared with those from the United Kingdom. The opportunity to apply these methods to improve child outcomes at reduced cost to the taxpayer is explored. The limitations and need for future development of the methods are outlined.

Resumen

En la actualidad se dispone de mejores datos sobre los costes y beneficios de las distintas alternativas de inversión en servicios de atención a la infancia. En el presente artículo describimos la traslación al Reino Unido de un modelo desarrollado para el Estado de Washington. En el artículo se describe la perspectiva adoptada y el método empleado en el desarrollo y adaptación del modelo de financiación para su implementación en otro país. Se comparan los resultados obtenidos en Estados Unidos con los del Reino Unido. Además, se examina la posibilidad de aplicar estos métodos de mejora de resultados en la infancia con un coste menor para el contribuyente. Finalmente, se subrayan las limitaciones actuales y la necesidad del desarrollo futuro de estos métodos.

Keywords

child development

children's services

cost-benefit

impact

outcome

program evaluation

Palabras clave

coste-beneficio

desarrollo infantil

evaluación del programa

impacto

resultado

servicios de atención a la infancia

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