Table 11.

Cost-Effectiveness

AggregateSocial treatmentTechnical treatment
PercentPercentPercent
TotalPer 100 USDper 100 USDTotalPer 100 USDper 100 USDTotalPer 100 USDper 100 USD
(1)(2)(3)(4)(5)(6)(7)(8)(9)
Panel A: Costs
 Program cost164.44161.22168.00
 Marginal cost157.65154.43160.86
 Stipend (×0.5)15.0015.0015.00
 Marginal cost w/ stipend172.65100169.43100175.86100
Panel A: ITTs estimates from survey data
 Employed0.080.050.09
 With contract0.12**0.07410.090.16**0.0953
 Casual worker−0.13**−0.08−16−0.14*−0.08−18−0.13
 Days worked per month2.230.974.74**2.7028
 Hours worked per week4.613.786.32*3.5919
 Wage per hour (USD)−0.39−0.89−0.28
 Wage per month (USD)21.9418.0030.08*17.1119
Panel C: ITTs estimates from administrative data
 Employed0.08***0.05140.09**0.05160.08***0.0413
 Days of contributions2.16***1.25142.05*1.21132.27***1.2914
 Contributions20.66***11.971319.73**11.641321.63***12.3014
Panel D: Present discount value for 35 years
 Discount rate of 5%4,2622,4684,0702,4024,4622,537
 Discount rate of 5%1,1866871,1326691,242706
 with 10% depreciation
AggregateSocial treatmentTechnical treatment
PercentPercentPercent
TotalPer 100 USDper 100 USDTotalPer 100 USDper 100 USDTotalPer 100 USDper 100 USD
(1)(2)(3)(4)(5)(6)(7)(8)(9)
Panel A: Costs
 Program cost164.44161.22168.00
 Marginal cost157.65154.43160.86
 Stipend (×0.5)15.0015.0015.00
 Marginal cost w/ stipend172.65100169.43100175.86100
Panel A: ITTs estimates from survey data
 Employed0.080.050.09
 With contract0.12**0.07410.090.16**0.0953
 Casual worker−0.13**−0.08−16−0.14*−0.08−18−0.13
 Days worked per month2.230.974.74**2.7028
 Hours worked per week4.613.786.32*3.5919
 Wage per hour (USD)−0.39−0.89−0.28
 Wage per month (USD)21.9418.0030.08*17.1119
Panel C: ITTs estimates from administrative data
 Employed0.08***0.05140.09**0.05160.08***0.0413
 Days of contributions2.16***1.25142.05*1.21132.27***1.2914
 Contributions20.66***11.971319.73**11.641321.63***12.3014
Panel D: Present discount value for 35 years
 Discount rate of 5%4,2622,4684,0702,4024,4622,537
 Discount rate of 5%1,1866871,1326691,242706
 with 10% depreciation

Source: Estimated returns based on results from tables 5 and 6

Note: Columns (1–3) report the PDV estimates between the control group and both treatment groups pooled together. Columns (4–6) and (7–9) report the PDV estimates for the social and technical groups, respectively, as compared to the control group. ITT, intention to treat estimates; PDV, present discounted value. Significance levels (* = 0.10, ** = 0.05, *** = 0.01).

Table 11.

Cost-Effectiveness

AggregateSocial treatmentTechnical treatment
PercentPercentPercent
TotalPer 100 USDper 100 USDTotalPer 100 USDper 100 USDTotalPer 100 USDper 100 USD
(1)(2)(3)(4)(5)(6)(7)(8)(9)
Panel A: Costs
 Program cost164.44161.22168.00
 Marginal cost157.65154.43160.86
 Stipend (×0.5)15.0015.0015.00
 Marginal cost w/ stipend172.65100169.43100175.86100
Panel A: ITTs estimates from survey data
 Employed0.080.050.09
 With contract0.12**0.07410.090.16**0.0953
 Casual worker−0.13**−0.08−16−0.14*−0.08−18−0.13
 Days worked per month2.230.974.74**2.7028
 Hours worked per week4.613.786.32*3.5919
 Wage per hour (USD)−0.39−0.89−0.28
 Wage per month (USD)21.9418.0030.08*17.1119
Panel C: ITTs estimates from administrative data
 Employed0.08***0.05140.09**0.05160.08***0.0413
 Days of contributions2.16***1.25142.05*1.21132.27***1.2914
 Contributions20.66***11.971319.73**11.641321.63***12.3014
Panel D: Present discount value for 35 years
 Discount rate of 5%4,2622,4684,0702,4024,4622,537
 Discount rate of 5%1,1866871,1326691,242706
 with 10% depreciation
AggregateSocial treatmentTechnical treatment
PercentPercentPercent
TotalPer 100 USDper 100 USDTotalPer 100 USDper 100 USDTotalPer 100 USDper 100 USD
(1)(2)(3)(4)(5)(6)(7)(8)(9)
Panel A: Costs
 Program cost164.44161.22168.00
 Marginal cost157.65154.43160.86
 Stipend (×0.5)15.0015.0015.00
 Marginal cost w/ stipend172.65100169.43100175.86100
Panel A: ITTs estimates from survey data
 Employed0.080.050.09
 With contract0.12**0.07410.090.16**0.0953
 Casual worker−0.13**−0.08−16−0.14*−0.08−18−0.13
 Days worked per month2.230.974.74**2.7028
 Hours worked per week4.613.786.32*3.5919
 Wage per hour (USD)−0.39−0.89−0.28
 Wage per month (USD)21.9418.0030.08*17.1119
Panel C: ITTs estimates from administrative data
 Employed0.08***0.05140.09**0.05160.08***0.0413
 Days of contributions2.16***1.25142.05*1.21132.27***1.2914
 Contributions20.66***11.971319.73**11.641321.63***12.3014
Panel D: Present discount value for 35 years
 Discount rate of 5%4,2622,4684,0702,4024,4622,537
 Discount rate of 5%1,1866871,1326691,242706
 with 10% depreciation

Source: Estimated returns based on results from tables 5 and 6

Note: Columns (1–3) report the PDV estimates between the control group and both treatment groups pooled together. Columns (4–6) and (7–9) report the PDV estimates for the social and technical groups, respectively, as compared to the control group. ITT, intention to treat estimates; PDV, present discounted value. Significance levels (* = 0.10, ** = 0.05, *** = 0.01).

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