[go: up one dir, main page]
IDEAS home Printed from https://ideas.repec.org/a/eee/socmed/v237y2019ic24.html
   My bibliography  Save this article

Measuring, valuing and including forgone childhood education and leisure time costs in economic evaluation: Methods, challenges and the way forward

Author

Listed:
  • Andronis, Lazaros
  • Maredza, Mandy
  • Petrou, Stavros
Abstract
Economic evaluations carried out to inform the allocation of finite public funds ought to take into account all relevant costs and benefits. When such evaluations adopt a societal perspective, it is important that they include ‘time-related’ costs arising from productivity and leisure time losses due to receipt of care, ill health or both. For programmes that relate to children, similar costs arise from forgone time, though there is a distinct lack of insights into how such costs should be identified, measured and valued. We set out to explore how forgone time—including absence from formal education and childhood leisure time—can be estimated and incorporated into economic evaluations. To do so, we look at theories and approaches to time valuation proposed in different disciplines and we discuss their suitability for use in health economics research. We find that, while there is a sizeable literature on time valuation methods in education, labour and transportation economics, much of this is not directly applicable to economic evaluation of health care interventions for children. We identify gaps in existing methods and practice, we outline challenges in moving forwards and we provide a list of considerations aiming to assist researchers in deciding whether, and how, to include foregone time-related costs in economic evaluation.

Suggested Citation

  • Andronis, Lazaros & Maredza, Mandy & Petrou, Stavros, 2019. "Measuring, valuing and including forgone childhood education and leisure time costs in economic evaluation: Methods, challenges and the way forward," Social Science & Medicine, Elsevier, vol. 237(C), pages 1-1.
    • Handle: RePEc:eee:socmed:v:237:y:2019:i:c:24
    DOI: 10.1016/j.socscimed.2019.112475
    as

    Download full text from publisher

    File URL: http://www.sciencedirect.com/science/article/pii/S027795361930468X
    Download Restriction: Full text for ScienceDirect subscribers only
    File URL: https://libkey.io/10.1016/j.socscimed.2019.112475?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Luca Stanca, 2006. "The Effects of Attendance on Academic Performance: Panel Data Evidence for Introductory Microeconomics," The Journal of Economic Education, Taylor & Francis Journals, vol. 37(3), pages 251-266, July.
    2. Stephen Machin & Olivier Marie & Sunčica Vujić, 2011. "The Crime Reducing Effect of Education," Economic Journal, Royal Economic Society, vol. 121(552), pages 463-484, May.
    3. Bengt Jönsson, 2009. "Ten arguments for a societal perspective in the economic evaluation of medical innovations," The European Journal of Health Economics, Springer;Deutsche Gesellschaft für Gesundheitsökonomie (DGGÖ), vol. 10(4), pages 357-359, October.
    4. Gronau, Reuben, 1977. "Leisure, Home Production, and Work-The Theory of the Allocation of Time Revisited," Journal of Political Economy, University of Chicago Press, vol. 85(6), pages 1099-1123, December.
    5. Richard Blundell & Pierre-Andre Chiappori & Thierry Magnac & Costas Meghir, 2007. "Collective Labour Supply: Heterogeneity and Non-Participation," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 74(2), pages 417-445.
    6. Stella Chatzitheochari & Kimberly Fisher & Emily Gilbert & Lisa Calderwood & Tom Huskinson & Andrew Cleary & Jonathan Gershuny, 2018. "Using New Technologies for Time Diary Data Collection: Instrument Design and Data Quality Findings from a Mixed-Mode Pilot Survey," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 137(1), pages 379-390, May.
    7. Marieke Krol & Werner Brouwer, 2014. "How to Estimate Productivity Costs in Economic Evaluations," PharmacoEconomics, Springer, vol. 32(4), pages 335-344, April.
    8. Deborah Levison, 2000. "Children as Economic Agents," Feminist Economics, Taylor & Francis Journals, vol. 6(1), pages 125-134.
    9. Michael C Burda & Daniel S Hamermesh & Philippe Weil, 2007. "Total Work, Gender and Social Norms," Working Papers hal-00972818, HAL.
    10. Walter McMahon, 1998. "Conceptual Framework for the Analysis of the Social Benefits of Lifelong Learnings," Education Economics, Taylor & Francis Journals, vol. 6(3), pages 309-346.
    11. Feather, Peter & Shaw, W. Douglass, 1999. "Estimating the Cost of Leisure Time for Recreation Demand Models," Journal of Environmental Economics and Management, Elsevier, vol. 38(1), pages 49-65, July.
    12. Douglas Dalenberg & John Fitzgerald & Eric Schuck & John Wicks, 2004. "How Much Is Leisure Worth? Direct Measurement with Contingent Valuation," Review of Economics of the Household, Springer, vol. 2(4), pages 351-365, August.
    13. Jara-Díaz, Sergio & Rosales-Salas, Jorge, 2017. "Beyond transport time: A review of time use modeling," Transportation Research Part A: Policy and Practice, Elsevier, vol. 97(C), pages 209-230.
    14. Krol, Marieke & Brouwer, Werner, 2015. "Unpaid work in health economic evaluations," Social Science & Medicine, Elsevier, vol. 144(C), pages 127-137.
    15. Anne Case & Angela Fertig & Christina Paxson, 2003. "From Cradle to Grave? The Lasting Impact of Childhood Health and Circumstance," NBER Working Papers 9788, National Bureau of Economic Research, Inc.
    16. Fezzi, Carlo & Bateman, Ian J. & Ferrini, Silvia, 2014. "Using revealed preferences to estimate the Value of Travel Time to recreation sites," Journal of Environmental Economics and Management, Elsevier, vol. 67(1), pages 58-70.
    17. Cattan, Sarah & Kamhöfer, Daniel A. & Karlsson, Martin & Nilsson, Therese, 2017. "The Short- and Long-Term Effects of Student Absence: Evidence from Sweden," IZA Discussion Papers 10995, Institute of Labor Economics (IZA).
    18. Lance, Lochner, 2011. "Nonproduction Benefits of Education," Handbook of the Economics of Education, in: Erik Hanushek & Stephen Machin & Ludger Woessmann (ed.), Handbook of the Economics of Education, edition 1, volume 4, chapter 0, pages 183-282, Elsevier.
    19. repec:hal:wpspec:info:hdl:2441/8651 is not listed on IDEAS
    20. DeSerpa, A C, 1971. "A Theory of the Economics of Time," Economic Journal, Royal Economic Society, vol. 81(324), pages 828-846, December.
    21. Zhang, Wei & Bansback, Nick & Anis, Aslam H., 2011. "Measuring and valuing productivity loss due to poor health: A critical review," Social Science & Medicine, Elsevier, vol. 72(2), pages 185-192, January.
    22. repec:hal:spmain:info:hdl:2441/8650 is not listed on IDEAS
    23. Peter Mackie & John Nellthorp & James Laird, 2005. "Notes on the Economic Evaluation of Transport Projects," World Bank Publications - Reports 11787, The World Bank Group.
    24. Carla Guerriero & John Cairns & Fabrizio Bianchi & Liliana Cori, 2018. "Are children rational decision makers when they are asked to value their own health? A contingent valuation study conducted with children and their parents," Health Economics, John Wiley & Sons, Ltd., vol. 27(2), pages 55-68, February.
    25. Drummond, Michael F. & Sculpher, Mark J. & Torrance, George W. & O'Brien, Bernie J. & Stoddart, Greg L., 2005. "Methods for the Economic Evaluation of Health Care Programmes," OUP Catalogue, Oxford University Press, edition 3, number 9780198529453.
    26. Sendi, Pedram & Al, Maiwenn J. & Gafni, Amiram & Birch, Stephen, 2004. "Portfolio theory and the alternative decision rule of cost-effectiveness analysis: theoretical and practical considerations," Social Science & Medicine, Elsevier, vol. 58(10), pages 1853-1855, May.
    27. Douglas M. Larson & Sabina L. Shaikh, 2004. "Recreation Demand Choices and Revealed Values of Leisure Time," Economic Inquiry, Western Economic Association International, vol. 42(2), pages 264-278, April.
    28. Grossman, Michael, 1972. "On the Concept of Health Capital and the Demand for Health," Journal of Political Economy, University of Chicago Press, vol. 80(2), pages 223-255, March-Apr.
    29. Munshi, Kaivan, 1993. "Urban passenger travel demand estimation: A household activity approach," Transportation Research Part A: Policy and Practice, Elsevier, vol. 27(6), pages 423-432, November.
    30. Jacob Mincer, 1962. "Labor Force Participation of Married Women: A Study of Labor Supply," NBER Chapters, in: Aspects of Labor Economics, pages 63-105, National Bureau of Economic Research, Inc.
    31. Robert Goodin & James Rice & Michael Bittman & Peter Saunders, 2005. "The Time-Pressure Illusion: Discretionary Time vs. Free Time," Social Indicators Research: An International and Interdisciplinary Journal for Quality-of-Life Measurement, Springer, vol. 73(1), pages 43-70, August.
    32. Peter Mackie & John Nellthorp & James Laird, 2005. "Notes on the Economic Evaluation of Transport Projects," World Bank Publications - Reports 11791, The World Bank Group.
    33. repec:hal:wpspec:info:hdl:2441/8650 is not listed on IDEAS
    34. repec:hal:spmain:info:hdl:2441/8651 is not listed on IDEAS
    35. Heckman, James J, 1976. "A Life-Cycle Model of Earnings, Learning, and Consumption," Journal of Political Economy, University of Chicago Press, vol. 84(4), pages 11-44, August.
    36. Bishop, Richard C. & Heberlein, Thomas A., 1979. "Measuring Values Of Extramarket Goods: Are Indirect Measures Biased?," 1979 Annual Meeting, July 29-August 1, Pullman, Washington 277818, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    37. Heckman, James J, 1974. "Shadow Prices, Market Wages, and Labor Supply," Econometrica, Econometric Society, vol. 42(4), pages 679-694, July.
    38. Zabel, Jeffrey E, 1993. "The Relationship between Hours of Work and Labor Force Participation in Four Models of Labor Supply Behavior," Journal of Labor Economics, University of Chicago Press, vol. 11(2), pages 387-416, April.
    39. Milton C. Weinstein, 1981. "Economic Assessments of Medical Practices and Technologies," Medical Decision Making, , vol. 1(4), pages 309-330, December.
    40. Richard C. Bishop & Thomas A. Heberlein, 1979. "Measuring Values of Extramarket Goods: Are Indirect Measures Biased?," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 61(5), pages 926-930.
    41. John Posnett & Stephen Jan, 1996. "Indirect cost in economic evaluation: The opportunity cost of unpaid inputs," Health Economics, John Wiley & Sons, Ltd., vol. 5(1), pages 13-23, January.
    42. Sloan,Frank A. (ed.), 1996. "Valuing Health Care," Cambridge Books, Cambridge University Press, number 9780521576468, September.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Andronis, Lazaros & Morgan, Cameron & Donaldson, Cam & Lancsar, Emily & Petrou, Stavros, 2023. "Views, obstacles, and uncertainties around the inclusion of children and young people's time in economic evaluations: Findings from an international survey of health economists," Social Science & Medicine, Elsevier, vol. 333(C).
    2. Qiyan Wang & Yuanyuan Jiang, 2023. "Leisure Time Prediction and Influencing Factors Analysis Based on LightGBM and SHAP," Mathematics, MDPI, vol. 11(10), pages 1-22, May.
    3. Katie Breheny & Emma Frew & Iestyn Williams & Sandra Passmore & Joanna Coast, 2020. "Use of Economic Evidence When Prioritising Public Health Interventions in Schools: A Qualitative Study with School Staff," IJERPH, MDPI, vol. 17(23), pages 1-11, December.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Jara-Díaz, Sergio & Rosales-Salas, Jorge, 2017. "Beyond transport time: A review of time use modeling," Transportation Research Part A: Policy and Practice, Elsevier, vol. 97(C), pages 209-230.
    2. Andronis, Lazaros & Morgan, Cameron & Donaldson, Cam & Lancsar, Emily & Petrou, Stavros, 2023. "Views, obstacles, and uncertainties around the inclusion of children and young people's time in economic evaluations: Findings from an international survey of health economists," Social Science & Medicine, Elsevier, vol. 333(C).
    3. Kuriyama, Koichi & Shoji, Yasushi & Tsuge, Takahiro, 2020. "The value of leisure time of weekends and long holidays: The multiple discrete–continuous extreme value (MDCEV) choice model with triple constraints," Journal of choice modelling, Elsevier, vol. 37(C).
    4. Paul Hanly & Rebecca Maguire & Frances Drummond & Linda Sharp, 2019. "Variation in the methodological approach to productivity cost valuation: the case of prostate cancer," The European Journal of Health Economics, Springer;Deutsche Gesellschaft für Gesundheitsökonomie (DGGÖ), vol. 20(9), pages 1399-1408, December.
    5. repec:eee:labchp:v:1:y:1986:i:c:p:273-304 is not listed on IDEAS
    6. Young-Sook Eom & Douglas Larson, 2006. "Valuing housework time from willingness to spend time and money for environmental quality improvements," Review of Economics of the Household, Springer, vol. 4(3), pages 205-227, September.
    7. Larson, Douglas M. & Lew, Daniel K., 2005. "Measuring the utility of ancillary travel: revealed preferences in recreation site demand and trips taken," Transportation Research Part A: Policy and Practice, Elsevier, vol. 39(2-3), pages 237-255.
    8. Krol, Marieke & Brouwer, Werner, 2015. "Unpaid work in health economic evaluations," Social Science & Medicine, Elsevier, vol. 144(C), pages 127-137.
    9. Jara-Diaz, Sergio, 2020. "Transport and time use: The values of leisure, work and travel," Transport Policy, Elsevier, vol. 86(C), pages 7-13.
    10. Marcela Munizaga & Sergio Jara-Díaz & Paulina Greeven & Chandra Bhat, 2008. "Econometric Calibration of the Joint Time Assignment--Mode Choice Model," Transportation Science, INFORMS, vol. 42(2), pages 208-219, May.
    11. Anderson, Joan B. & Dimon, Denise, 1999. "Formal sector job growth and women's labor sector participation: The case of Mexico," The Quarterly Review of Economics and Finance, Elsevier, vol. 39(2), pages 169-191.
    12. Rosales-Salas, Jorge & Jara-Díaz, Sergio R., 2017. "A time allocation model considering external providers," Transportation Research Part B: Methodological, Elsevier, vol. 100(C), pages 175-195.
    13. François Gardes, 2019. "The Estimation of Price Elasticities and the Value of Time in a Domestic Production Framework: an Application using French Micro-Data," Post-Print hal-01478052, HAL.
    14. François Gardes, 2019. "The Estimation of Price Elasticities and the Value of Time in a Domestic Production Framework: an Application using French Micro-Data," PSE-Ecole d'économie de Paris (Postprint) hal-01478052, HAL.
    15. Hans Bloemen & Silvia Pasqua & Elena Stancanelli, 2010. "An empirical analysis of the time allocation of Italian couples: are they responsive?," Review of Economics of the Household, Springer, vol. 8(3), pages 345-369, September.
    16. Raymond Palmquist & Daniel Phaneuf & V. Smith, 2010. "Short Run Constraints and the Increasing Marginal Value of Time in Recreation," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 46(1), pages 19-41, May.
    17. Matthieu Bunel, 2004. "Les conjoints des salariés passés à 35 heures travaillent-ils davantage ?. Une analyse de l'offre de travail familiale sur données françaises," Economie & Prévision, La Documentation Française, vol. 0(3), pages 165-188.
    18. Jara-Díaz, Sergio R. & Rosales-Salas, Jorge, 2020. "Time use: The role of sleep," Transportation Research Part A: Policy and Practice, Elsevier, vol. 136(C), pages 1-20.
    19. Lew, Daniel K. & Larson, Douglas M., 2005. "Accounting for stochastic shadow values of time in discrete-choice recreation demand models," Journal of Environmental Economics and Management, Elsevier, vol. 50(2), pages 341-361, September.
    20. Rulleau, Bénédicte & Dehez, Jeoffrey & Point, Patrick, 2012. "Recreational value, user heterogeneity and site characteristics in contingent valuation," Tourism Management, Elsevier, vol. 33(1), pages 195-204.
    21. Simona Jokubauskaitė & Reinhard Hössinger & Sergio Jara-Díaz & Stefanie Peer & Alyssa Schneebaum & Basil Schmid & Florian Aschauer & Regine Gerike & Kay W. Axhausen & Friedrich Leisch, 2022. "The role of unpaid domestic work in explaining the gender gap in the (monetary) value of leisure," Transportation, Springer, vol. 49(6), pages 1599-1625, December.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:socmed:v:237:y:2019:i:c:24. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/wps/find/journaldescription.cws_home/315/description#description .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.