COST-BENEFIT ANALYSIS ECON CLASS

Reference - Boardman et al., Cost-benefit Analysis: Concepts and Practice. 4th Ed.

Exercise 1: CBA Evaluation Using the scheme shown in Table 121, diagram the evaluation design used in the CBA of each of the following programs. (a) To evaluate a government training program that provides lowincome, lowskilled, dis advantaged persons jobspecic training, members of the target population are randomly assigned to either a treatment group that is eligible to receive services under the program or to a control group that is not. Data are collected on the earnings, welfare receipts, and so forth of both groups during the training period and for two years thereafter. ('3) To evaluate a govermnent training program that provides lowincome, lowskilled, dis advantaged persons jobspecic training, members of the target population who live in the counties in the eastern half of a large industrial state are assigned to a treatment group that is eligible to receive services under the program, while members of the target popula tion who live in the counties in the western half of the state are assigned to a quasicontrol group that is not. Information is collected on the earnings, welfare receipts, and so forth of both groups for one year prior to the beginning of training, during the training period, and for two years thereafter. (c) To evaluate a government training program that provides lowincome, lowskilled, disadvantaged persons jobspecic training, information is collected on the earnings, welfare receipts, and so forth of those persons who receive trainingThis information is collected for