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Variations between Countries in Values of Statistical Life
Abstract
Estimated values of statistical life exist from 68 reasonably credible studies spread across 13 countries. The income-elasticity of values across countries ranges from 0.85 to 1.00 in models at different levels of aggregation. The values are typically about 120 times GDP per capita. Regression-based value estimates for most developed and developing countries are presented.
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Citations
Cited by
The value of a statistical life: A critical review of market estimates throughout the world
Viscusi, W. K., & Aldy, J. E. (2003) · Journal of Risk and Uncertainty · doi:10.1023/a:1025598106257 · Cited by 2,135
The Value of a Statistical Life: A Critical Review of Market Estimates throughout the World
Viscusi, W. K. K., & Aldy, J. E. (2002) · SSRN Electronic Journal · doi:10.2139/ssrn.362840 · Cited by 508
Part I: Externalities and economic policies in road transport
Santos, G., Behrendt, H., Maconi, L., Shirvani, T., & Teytelboym, A. (2010) · Research in Transportation Economics · doi:10.1016/j.retrec.2009.11.002 · Cited by 353
The value of statistical life in road safety: a meta-analysis
de Blaeij, A., Florax, R. J. G. M., Rietveld, P., & Verhoef, E. (2003) · Accident Analysis & Prevention · doi:10.1016/s0001-4575(02)00105-7 · Cited by 293
Measuring the Co-Benefits of Climate Change Mitigation
Ürge-Vorsatz, D., Herrero, S. T., Dubash, N. K., & Lecocq, F. (2014) · Annual Review of Environment and Resources · doi:10.1146/annurev-environ-031312-125456 · Cited by 273
Metadata
- Authors
- Miller, T. R.
- Venue
- Journal of Transport Economics and Policy
- Publisher
- University of Bath
- Published
- 2000-05-01
- Volume
- 34
- Issue
- 2
- Pages
- 169-188
- ISSN
- 0022-5258 (ISSN-L)
- OpenAlex
- W1549203897
- Cited by
- 390
- References
- 0
- FWCI
- 20.37
- Type
- journal article
- Language
- en
- Open access
- closed
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Bibliographic data: Semantic Scholar, OpenAlex, Crossref.
Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.