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Economic Evaluation of Human Losses from Disasters

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  • B. Porfiriev

Abstract

The paper overviews the existing methodologies for evaluating economic losses incurred by untimely and additional deaths provoked by natural and technological disasters. It also reveals the improved methodology of such an assessment based on welfare theory and international comparisons approach, and outcomes of the case study using this methodology for calculating economic value of human losses from heat waves and wildfires’ impact on the Moscow region. Special attention is paid to substantiation and recommendations to provide correctness of such evaluation to improve its legal and methodological bases in Russia using international experience of calculation of statistical life value.

Suggested Citation

  • B. Porfiriev, 2013. "Economic Evaluation of Human Losses from Disasters," Voprosy Ekonomiki, NP Voprosy Ekonomiki, issue 1.
    • Handle: RePEc:nos:voprec:y:2013:id:497
    DOI: 10.32609/0042-8736-2013-1-48-68
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