Changing children's lives: the economic impact of early years education
With the first years of a child's life proven to have a life-long impact on their intellectual and emotional development, a pair of University of Melbourne economists are analysing the economic benefit of an innovative early years education program in Melbourne's north.
A benefit-cost analysis of the Early Years Education Program
With the first years of a child's life proven to have a life-long impact on intellectual and emotional development, a pair of University of Melbourne economists are analysing the economic benefit of an innovative early years education program in Melbourne's north.
The Early Years Education Program (EYEP), designed specifically for vulnerable and at-risk children, is being trialled by the Childrens' Protection Society, with Professors Jeff Borland and Yi-Ping Tseng joining a multidisciplinary team to analyse the impact of the program through a randomised evaluation trial.
The findings from this Australian Research Council-funded project, which is expected to be completed in 2020, have the potential to influence the design of childcare and education for 36,000 at-risk children in Australia, as well as informing approaches in regular childcare.
This project will make a demonstrable contribution to designing public policy for early years education and childcare for vulnerable children by measuring the impact of EYEP on the cognitive and behavioural outcomes for those children taking part in the program compared to those in a control group.
It will also determine the overall economic benefit of the program, thereby adding to knowledge on 'what works' in policy for this group of children.
Tseng YP, Jordan B, Borland J, Coombs N, Cotter K, Hill A and Kennedy A, 'The first twelve months in the Early Years Education Program: An initial assessment of the impact on children and their primary caregivers', Changing the Trajectories of Australia's Most Vulnerable Children, Report No. 2 (March 2018).
Tseng Y, Jordan B, Borland J, Clancy T, Coombs N, Cotter K, Hill A and Kennedy A, 'Participants in the Trial of the Early Years Education Program’ , Changing the Trajectories of Australia’s Most Vulnerable Children, Report No. 1 (June 2017).
Jordan B, Tseng YP, Coombs N, Kennedy A and Borland J, 'Improving lifetime trajectories for vulnerable young children and families living with significant stress and social disadvantage: the early years education program randomised controlled trial', BMC Public Health 2014, 14:965.
- Jeff Borland
Professor, Economics Department
- Dr Yi-Ping Tseng
Senior Research Fellow,Melbourne Institute