Methods of cost-effectiveness analysis (CEA) have largely been developed for application in Western country settings. Little attention has been paid to the methodological issues in cost valuation in resource-poor settings, where failing exchange rates and severe market distortions require further clarifications of appropriate valuation methods. This paper links insights from social cost-benefit analysis with the current CEA guidelines to develop a more apt approach to cost valuation in resource-poor settings.

Cost valuation, Cost-effectiveness analysis, Developing countries, Economic evaluation, Transferability,
Health Policy and Planning
Erasmus School of Health Policy & Management (ESHPM)

Hutton, G, & Baltussen, R.M.P.M. (2005). Cost valuation in resource-poor settings. Health Policy and Planning (Vol. 20, pp. 252–259). doi:10.1093/heapol/czi025