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Date: November 25, 2024 Mon
Time: 8:10 pm
Time: 8:10 pm
Results for cost-benefit analysis (boston)
1 results foundAuthor: Bradham, Douglas D. Title: Massachusetts Safe and Successful Youth Initiative: Benefit-to-Cost Analysis of Springfield and Boston Sites Summary: This Benefit to Cost Analysis was conducted as a preliminary investigation into the value of the Safe and Successful Youth Initiative (SSYI) implemented in Massachusetts (MA) as an effort to curb violent crime in eleven cities across the State. The American Institutes for Research (AIR) and WestEd are conducting a series of studies on the effectiveness of the SSYI program on behalf of the MA Executive Office of Health and Human Services. In this study we use the results of an Interrupted Time Series (ITS) study examining SSYI's impact on community violence victimizations (Petrosino, et al., 2014), to derive an estimate of SSYI's prevention benefits over the 2012 to 2013 funding period. Boston and Springfield, as the state's two largest cities involved in SSYI, were chosen for the analysis, pending receipt of additional cost data from the other nine SSYI cites; as such, the findings in this report should be considered preliminary in terms of placing a total benefit to cost estimate on the entire SSYI initiative. Three descriptive objectives were investigated: (1) to estimate the site-specific costs to society of implementing the SSYI interventions in Boston and Springfield, from January 2012 through December 2013; (2) to estimate the potential economic benefits of the crime victimization reductions documented in the ITS study by applying reliable estimates of the economic losses incurred when violent crimes are committed; and (3) to estimate the average annual ratio of society's benefit-to-cost ratios (BCR), after all amounts have been adjusted to 2013 values. This study utilized methods consistent with recommendations for program evaluation in public health prevention, and conservative estimates from a 2010 study that estimated the costs of violent crimes in Boston, adjusted to dollar values for 2013 (Drummond, et al, 2005; Brownson, et al, 2010; Gold et al, 1996; Haddix, et al, 2003). We proportionally adjusted Springfield's costs-savings estimate based on SSYI wage rate comparison to Boston's SSYI wages. Boston's 2013 value of 99.7 million in potential cost savings per 10% reduction in crime rate was used as the "benefit of prevention" for each city. This annual cost savings ("benefit of prevention") of violent crimes for each city was then placed over the city's estimated, annual societal intervention costs, and Benefit-to-Cost Ratios (BCR) calculated. Details: Boston: Massachusetts Executive Office of Health and Human Services, 2014. 18p. Source: Internet Resource: Accessed January 30, 2015 at: http://www.air.org/sites/default/files/downloads/report/Benefit%20to%20Cost%20Analysis%20of%20Boston%20and%20Springfield%20SSYI%20Programs.pdf Year: 2014 Country: United States URL: http://www.air.org/sites/default/files/downloads/report/Benefit%20to%20Cost%20Analysis%20of%20Boston%20and%20Springfield%20SSYI%20Programs.pdf Shelf Number: 134503 Keywords: Cost-Benefit Analysis (Boston)Crime PreventionDelinquency PreventionViolent Crime |