Robust Estimates of Value of a Statistical Life for Developing Economies: An Application to Pollution and Mortality in Santiago, December 1998

(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
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