(1998) Robust Estimates of Value of a Statistical Life for Developing Economies: An Application to Pollution and Mortality in Santiago, December 1998. Iowa State University
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Abstract
The value-of-statistical-life (VSL) approach is used by environmental economists to value mortality changes resulting from environmental improvement, such as decreased urban air pollution. Because of scarce data, VSL estimates are not available for developing countries. Using robust regression techniques, we conduct a meta-analysis of VSL studies in industrialized countries to derive a VSL prediction function for developing economies accounting for differences in risk, income, human capital levels, and other demographic characteristics of these economies.
| Item Type: | Departmental Report |
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| Keywords: | air pollution, meta-analysis, mortality, Santiago, VSL, willingness-to-pay |
| Subjects: | Business and industry Business and industry > Economic development |
| ID Code: | 43714 |
| Deposited By: | Margaret Barr |
| Deposited On: | 24 Mar 2023 13:46 |
| Last Modified: | 24 Mar 2023 13:46 |
| URI: | https://publications.iowa.gov/id/eprint/43714 |