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Valuations of Life and Injury Risks

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  • K. Shanmugam

Abstract

A research on valuing risks to life and health in thecontext of a developing country is practicallynon-existent. This study provides the first estimatedvalues of life and health, using data from India.These values can aid policy makers, internationalagencies and researchers in evaluating health projectsin developing nations. They can also be used to carryout comparisons with values obtained for developedcountries. Copyright Kluwer Academic Publishers 2000

Suggested Citation

  • K. Shanmugam, 2000. "Valuations of Life and Injury Risks," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 16(4), pages 379-389, August.
    • Handle: RePEc:kap:enreec:v:16:y:2000:i:4:p:379-389
    DOI: 10.1023/A:1008364502517
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    2. Muhammad Rafiq & Mir Kalan Shah, 2010. "The Value of Reduced Risk of Injury and Deaths in Pakistan—Using Actual and Perceived Risk Estimates," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 49(4), pages 823-837.
    3. Bärnighausen, Till & Bloom, David E., 2009. ""Conditional scholarships" for HIV/AIDS health workers: Educating and retaining the workforce to provide antiretroviral treatment in sub-Saharan Africa," Social Science & Medicine, Elsevier, vol. 68(3), pages 544-551, February.
    4. W. Kip Viscusi, 2015. "The Role of Publication Selection Bias in Estimates of the Value of a Statistical Life," American Journal of Health Economics, University of Chicago Press, vol. 1(1), pages 27-52, Winter.
    5. Viscusi, W Kip & Aldy, Joseph E, 2003. "The Value of a Statistical Life: A Critical Review of Market Estimates throughout the World," Journal of Risk and Uncertainty, Springer, vol. 27(1), pages 5-76, August.
    6. Marija Bockarjova & Piet Rietveld & Erik T. Verhoef, 2012. "Composite Valuation of Immaterial Damage in Flooding: Value of Statistical Life, Value of Statistical Evacuation and Value of Statistical Injury," Tinbergen Institute Discussion Papers 12-047/3, Tinbergen Institute.
    7. Devi, P. Indira & Shanmugam, K.R. & Jayasree, M.G., 2012. "Compensating Wages for Occupational Risks of Farm Workers in India," Indian Journal of Agricultural Economics, Indian Society of Agricultural Economics, vol. 67(2), pages 1-12.
    8. Mahapatra, Diptiranjan & Shukla, Priyadarshi & Dhar, Subash, 2012. "External cost of coal based electricity generation: A tale of Ahmedabad city," Energy Policy, Elsevier, vol. 49(C), pages 253-265.
    9. Paul Gertler & Manisha Shah & Stefano M. Bertozzi, 2005. "Risky Business: The Market for Unprotected Commercial Sex," Journal of Political Economy, University of Chicago Press, vol. 113(3), pages 518-550, June.
    10. Gibson, John & Barns, Sandra & Cameron, Michael & Lim, Steven & Scrimgeour, Frank & Tressler, John, 2007. "The Value of Statistical Life and the Economics of Landmine Clearance in Developing Countries," World Development, Elsevier, vol. 35(3), pages 512-531, March.
    11. Barns, Sandra A. & Cameron, Michael P. & Gibson, John & Lim, Steven & Marsh, Dan & Scrimgeour, Frank G. & Tressler, John, 2004. "Valuing the Risk of Death and Injury from Landmines in Thailand," 2004 Conference, June 25-26, 2004, Blenheim, New Zealand 97797, New Zealand Agricultural and Resource Economics Society.
    12. Ahmad Mujtaba Khan & Asma Hyder, 2017. "The Statistical Value of Injury Risk in Pakistan’s Construction and Manufacturing Sectors," Lahore Journal of Economics, Department of Economics, The Lahore School of Economics, vol. 22(1), pages 1-18, Jan-June.
    13. Messer, Kent D., 2010. "Protecting endangered species: When are shoot-on-sight policies the only viable option to stop poaching?," Ecological Economics, Elsevier, vol. 69(12), pages 2334-2340, October.
    14. Courard-Hauri David & Lauer Stephen A., 2012. "Taking "All Men Are Created Equal" Seriously: Toward a Metric for the Intergroup Comparison of Utility Functions Through Life Values," Journal of Benefit-Cost Analysis, De Gruyter, vol. 3(3), pages 1-30, August.
    15. Marija Bockarjova & Piet Rietveld & Erik T. Verhoef, 2012. "Scale, Scope and Cognition: Context Analysis of Multiple Stated Choice Experiments on the Values of Life and Limb," Tinbergen Institute Discussion Papers 12-046/3, Tinbergen Institute.
    16. James K. Hammitt & María Eugenia Ibarrarán, 2006. "The economic value of fatal and non‐fatal occupational risks in Mexico City using actuarial‐ and perceived‐risk estimates," Health Economics, John Wiley & Sons, Ltd., vol. 15(12), pages 1329-1335, December.
    17. Cameron, Michael P. & Gibson, John & Helmers, Kent & Lim, Steven & Scrimgeour, Frank G. & Tressler, John & Vaddanak, Kien, 2005. "Value of Life and Measuring the Benefits of Landmine Clearance in Cambodia," 2005 Conference (49th), February 9-11, 2005, Coff's Harbour, Australia 137799, Australian Agricultural and Resource Economics Society.
    18. W. Kip Viscusi & Clayton Masterman, 2017. "Anchoring biases in international estimates of the value of a statistical life," Journal of Risk and Uncertainty, Springer, vol. 54(2), pages 103-128, April.

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