A web-based tool for adjusting costs to a specific target currency and price year

Shemilt, Ian, Thomas, James and Morciano, Marcello (2010) A web-based tool for adjusting costs to a specific target currency and price year. Evidence and Policy, 6 (1). pp. 51-59. ISSN 1744-2656

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Abstract

Objective: To develop a web-based tool to automate the adjustment of estimates of costs drawn from previously published or unpublished studies to a specified target currency and price year. Methods: A web-based tool was programmed using C#, utilising GDP deflator index values and Purchasing Power Parities conversion rates produced by the International Monetary Fund and the Organisation for Economic Co-operation and Development. Results: Version 1.0 is available at http://eppi.ioe.ac.uk/costconversion/default.aspx Conclusions: The tool can be used as a first-line approach to cost adjustment in non-healthcare applications and as an optional approach in healthcare applications when use of more sophisticated methods is not feasible.

Item Type:	Article
Faculty \ School:	Faculty of Medicine and Health Sciences > Norwich Medical School
UEA Research Groups:	Faculty of Medicine and Health Sciences > Research Groups > Health Services and Primary Care Faculty of Medicine and Health Sciences > Research Groups > Health Economics Faculty of Medicine and Health Sciences > Research Groups > Public Health and Health Services Research (former - to 2023)
Depositing User:	EPrints Services
Date Deposited:	25 Nov 2010 11:13
Last Modified:	08 Aug 2023 16:30
URI:	https://ueaeprints.uea.ac.uk/id/eprint/15282
DOI:	10.1332/174426410X482999

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