Handling time in economic evaluation studies.

BACKGROUND: lime horizon and discounting are important issues in economic evaluation studies and have an impact on the priority of different programs. OBJECTIVE: Provides supporting rational and theories to propose the appropriate discount rate for both cost and effect and time horizon for conductin...

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Main Authors: Unchalee Permsuwan, Kansinee Guntawongwan, Piyaluk Buddhawongsa
Format: Journal
Published: 2018
Subjects:
Online Access:https://www.scopus.com/inward/record.uri?partnerID=HzOxMe3b&scp=62449222001&origin=inward
http://cmuir.cmu.ac.th/jspui/handle/6653943832/60626
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Institution: Chiang Mai University
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spelling th-cmuir.6653943832-606262018-09-10T03:46:17Z Handling time in economic evaluation studies. Unchalee Permsuwan Kansinee Guntawongwan Piyaluk Buddhawongsa Medicine BACKGROUND: lime horizon and discounting are important issues in economic evaluation studies and have an impact on the priority of different programs. OBJECTIVE: Provides supporting rational and theories to propose the appropriate discount rate for both cost and effect and time horizon for conducting economic evaluation studies in Thailand. MATERIAL AND METHOD: Describe the theories that explain time horizon for both the cost of a study and its effect. CONCLUSION: The recommended uniform discount rate for both costs and effects at the base case is 3% with a variance in range from 0-6% by sensitivity analysis. The time horizon should be long enough to capture the full costs and effects of the programs. 2018-09-10T03:46:16Z 2018-09-10T03:46:16Z 2008-06-01 Journal 01252208 2-s2.0-62449222001 https://www.scopus.com/inward/record.uri?partnerID=HzOxMe3b&scp=62449222001&origin=inward http://cmuir.cmu.ac.th/jspui/handle/6653943832/60626
institution Chiang Mai University
building Chiang Mai University Library
country Thailand
collection CMU Intellectual Repository
topic Medicine
spellingShingle Medicine
Unchalee Permsuwan
Kansinee Guntawongwan
Piyaluk Buddhawongsa
Handling time in economic evaluation studies.
description BACKGROUND: lime horizon and discounting are important issues in economic evaluation studies and have an impact on the priority of different programs. OBJECTIVE: Provides supporting rational and theories to propose the appropriate discount rate for both cost and effect and time horizon for conducting economic evaluation studies in Thailand. MATERIAL AND METHOD: Describe the theories that explain time horizon for both the cost of a study and its effect. CONCLUSION: The recommended uniform discount rate for both costs and effects at the base case is 3% with a variance in range from 0-6% by sensitivity analysis. The time horizon should be long enough to capture the full costs and effects of the programs.
format Journal
author Unchalee Permsuwan
Kansinee Guntawongwan
Piyaluk Buddhawongsa
author_facet Unchalee Permsuwan
Kansinee Guntawongwan
Piyaluk Buddhawongsa
author_sort Unchalee Permsuwan
title Handling time in economic evaluation studies.
title_short Handling time in economic evaluation studies.
title_full Handling time in economic evaluation studies.
title_fullStr Handling time in economic evaluation studies.
title_full_unstemmed Handling time in economic evaluation studies.
title_sort handling time in economic evaluation studies.
publishDate 2018
url https://www.scopus.com/inward/record.uri?partnerID=HzOxMe3b&scp=62449222001&origin=inward
http://cmuir.cmu.ac.th/jspui/handle/6653943832/60626
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