January 30, 2010
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To develop a web-based tool to automate the adjustment of estimates of costs drawn from previously published or unpublished studies to a specified target currency and price year.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.
Evidence & Policy
Volume and page numbers
Volume: 6 , p.51 -60
Not held ASL.