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Can cost-benefit analysis guide education policy in developing countries ?

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  • Jimenez, Emmanuel
  • Patrinos, Harry Anthony

Abstract

Cost-benefit analysis in education is an important tool in the economists'arsenal. However, it is essential that research, especially on the social benefits of education, make further progress to make cost-benefit more analysis. There is a need for more research on the effects of policy interventions on outcomes beyond access to a year in school and what they earn as a result, such as on what children actually learn. Such research should focus on ensuring that the interventions are attributable to outcomes. Nevertheless, it is worthwhile to go through the discipline of noting the benefits and costs, even if social rates of return cannot be calculated robustly.

Suggested Citation

  • Jimenez, Emmanuel & Patrinos, Harry Anthony, 2008. "Can cost-benefit analysis guide education policy in developing countries ?," Policy Research Working Paper Series 4568, The World Bank.
    • Handle: RePEc:wbk:wbrwps:4568
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    Cited by:

    1. Roxana Elena Manea, 2021. "School Feeding Programmes, Education and Food Security in Rural Malawi," CIES Research Paper series 63-2020, Centre for International Environmental Studies, The Graduate Institute.
    2. Shubhashansha Bakshi, 2011. "Cost Effectiveness of Interactive Radio Instruction Program Karnataka: Basic and Program Cost Effectiveness," Working Papers id:4576, eSocialSciences.
    3. Fasih, Tazeen & Kingdon, Geeta & Patrinos, Harry Anthony & Sakellariou, Chris & Soderbom, Mans, 2012. "Heterogeneous returns to education in the labor market," Policy Research Working Paper Series 6170, The World Bank.
    4. Chiara Del Bo & Massimo Florio, 2010. "Cost–Benefit Analysis and the Rates of Return of Infrastructure Projects: Evidence from International Organizations," Transition Studies Review, Springer;Central Eastern European University Network (CEEUN), vol. 17(3), pages 587-610, September.
    5. Patrick J. McEwan, 2012. "Cost-effectiveness analysis of education and health interventions in developing countries," Journal of Development Effectiveness, Taylor & Francis Journals, vol. 4(2), pages 189-213, June.
    6. Heiko Fritz & Guenter Lang, 2012. "Microcredit, Human Capital, and Personal Income Distribution: Empirical Evidence from Greater Cairo," Working Papers 30, The German University in Cairo, Faculty of Management Technology.
    7. Halliday, Katherine E. & Okello, George & Turner, Elizabeth L. & Njagi, Kiambo & Mcharo, Carlos & Kengo, Juddy & Allen, Elizabeth & Dubeck, Margaret M. & Jukes, Matthew C.H. & Brooker, Simon J., 2014. "Impact of intermittent screening and treatment for malaria among school children in Kenya : a cluster randomized trial," Policy Research Working Paper Series 6791, The World Bank.
    8. Kenayathulla, Husaina Banu, 2013. "Higher levels of education for higher private returns: New evidence from Malaysia," International Journal of Educational Development, Elsevier, vol. 33(4), pages 380-393.
    9. Dumauli, Magdalena Triasih, 2015. "Estimate of the private return on education in Indonesia: Evidence from sibling data," International Journal of Educational Development, Elsevier, vol. 42(C), pages 14-24.
    10. Diego Azqueta Oyarzun & Guillermina Gavaldon, 2014. "The economic assessment of education: Social Efficiency or Social Reconstruction?," Investigaciones de Economía de la Educación volume 9, in: Adela García Aracil & Isabel Neira Gómez (ed.), Investigaciones de Economía de la Educación 9, edition 1, volume 9, chapter 51, pages 969-978, Asociación de Economía de la Educación.
    11. Roxana Elena Manea, 2020. "School Feeding Programmes, Education and Food Security in Rural Malawi," CIES Research Paper series 63-2020, Centre for International Environmental Studies, The Graduate Institute.
    12. Diana Mihaiu, 2010. "Study Regarding The Efficiency Of Public Spending On Education At Eu Level Through Benchmarking," Studies in Business and Economics, Lucian Blaga University of Sibiu, Faculty of Economic Sciences, vol. 5(3), pages 201-214, December.

    More about this item

    Keywords

    Education For All; Primary Education; Teaching and Learning; Access&Equity in Basic Education;
    All these keywords.

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