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Economic evaluation of early childhood education in a policy context

Stephanie Lee (Senior Research Associate at Washington State Institute for Public Policy, Olympia, Washington, USA)
Elizabeth Drake (Senior Research Associate at Washington State Institute for Public Policy, Olympia, Washington, USA)
Annie Pennucci (Senior Research Associate at Washington State Institute for Public Policy, Olympia, Washington, USA)
Gretchen Bjornstad (Post‐Doctoral Researchers at The Social Research Unit, Dartington, UK)
Triin Edovald (Post‐Doctoral Researchers at The Social Research Unit, Dartington, UK)

Journal of Children's Services

ISSN: 1746-6660

Article publication date: 16 March 2012

Abstract

Purpose

This paper seeks to describe a cost‐benefit analysis of early childhood education programmes.

Design/methodology/approach

The analysis utilises the best evidence available for early education programmes, combined with data from Washington State and economic literature to determine the monetary implications of these programmes.

Findings

The results indicate that early childhood education can yield benefits that substantially outweigh the costs of the programmes. In addition, these benefits were found to apply in many different public sector areas.

Originality/value

The paper offers an analytic model to determine the long‐term benefits of early intervention programmes.

Keywords

Citation

Lee, S., Drake, E., Pennucci, A., Bjornstad, G. and Edovald, T. (2012), "Economic evaluation of early childhood education in a policy context", Journal of Children's Services, Vol. 7 No. 1, pp. 53-63. https://doi.org/10.1108/17466661211213670

Publisher

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Emerald Group Publishing Limited

Copyright © 2012, Emerald Group Publishing Limited