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The Income Elasticity of the Value per Statistical Life: Transferring Estimates between High and Low Income Populations

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  1. Herrera-Araujo, Daniel & Rochaix, Lise, 2020. "Does the Value per Statistical Life vary with age or baseline health? Evidence from a compensating wage study in France," Journal of Environmental Economics and Management, Elsevier, vol. 103(C).
  2. Lisa A. Robinson & James K. Hammitt, 2011. "Behavioral Economics and Regulatory Analysis," Risk Analysis, John Wiley & Sons, vol. 31(9), pages 1408-1422, September.
  3. Lars Hultkrantz, 2021. "Discounting in economic evaluation of healthcare interventions: what about the risk term?," The European Journal of Health Economics, Springer;Deutsche Gesellschaft für Gesundheitsökonomie (DGGÖ), vol. 22(3), pages 357-363, April.
  4. Chakravarty, Shoibal & Somanathan, E., 2021. "There is no economic case for new coal plants in India," World Development Perspectives, Elsevier, vol. 24(C).
  5. Thomas J. Kniesner & Ryan Sullivan, 2020. "The forgotten numbers: A closer look at COVID-19 non-fatal valuations," Journal of Risk and Uncertainty, Springer, vol. 61(2), pages 155-176, October.
  6. James K. Hammitt, 2020. "Valuing mortality risk in the time of COVID-19," Journal of Risk and Uncertainty, Springer, vol. 61(2), pages 129-154, October.
  7. Fouquet, Roger, 2011. "Long run trends in energy-related external costs," Ecological Economics, Elsevier, vol. 70(12), pages 2380-2389.
  8. Je-Liang Liou, 2019. "Effect of Income Heterogeneity on Valuation of Mortality Risk in Taiwan: An Application of Unconditional Quantile Regression Method," IJERPH, MDPI, vol. 16(9), pages 1-15, May.
  9. Andersson, Henrik & Hultkrantz, Lars & Lindberg, Gunnar & Nilsson, Jan-Eric, 2017. "The role of economic analysis for investment priorities in Sweden’s transport sector," Working papers in Transport Economics 2017:12, CTS - Centre for Transport Studies Stockholm (KTH and VTI), revised 23 May 2018.
  10. Patrick Carlin & Brian E. Dixon & Kosali I. Simon & Ryan Sullivan & Coady Wing, 2022. "How Undervalued is the Covid-19 Vaccine? Evidence from Discrete Choice Experiments and VSL Benchmarks," NBER Working Papers 30118, National Bureau of Economic Research, Inc.
  11. Susan L. Greco & Anna Belova & Jin Huang, 2016. "Benefits of Decreased Mortality Risk from Reductions in Primary Mobile Source Fine Particulate Matter: A Limited Data Approach for Urban Areas Worldwide," Risk Analysis, John Wiley & Sons, vol. 36(9), pages 1783-1802, September.
  12. Shihomi Ara & Cem Tekeşin, 2017. "The Monetary Valuation of Lifetime Health Improvement and Life Expectancy Gains in Turkey," IJERPH, MDPI, vol. 14(10), pages 1-27, September.
  13. Henrik Andersson & Mikael Svensson, 2014. "Scale sensitivity and question order in the contingent valuation method," Journal of Environmental Planning and Management, Taylor & Francis Journals, vol. 57(11), pages 1746-1761, November.
  14. Moritz A. Drupp & Martin C. Hänsel, 2021. "Relative Prices and Climate Policy: How the Scarcity of Nonmarket Goods Drives Policy Evaluation," American Economic Journal: Economic Policy, American Economic Association, vol. 13(1), pages 168-201, February.
  15. Claxton, Karl & Asaria, Miqdad & Chansa, Collins & Jamison, Julian & Lomas, James & Ochalek, Jessica & Paulden, Mike, 2019. "Accounting for timing when assessing health-related policies," LSE Research Online Documents on Economics 100038, London School of Economics and Political Science, LSE Library.
  16. Parry, Ian & Strand, Jon, 2012. "International fuel tax assessment: an application to Chile," Environment and Development Economics, Cambridge University Press, vol. 17(2), pages 127-144, April.
  17. Arthur E. Attema & Han Bleichrodt & Olivier L’Haridon & Patrick Peretti-Watel & Valérie Seror, 2018. "Discounting health and money: New evidence using a more robust method," Journal of Risk and Uncertainty, Springer, vol. 56(2), pages 117-140, April.
  18. W. Kip Viscusi, 2020. "Pricing the global health risks of the COVID-19 pandemic," Journal of Risk and Uncertainty, Springer, vol. 61(2), pages 101-128, October.
  19. Lanzi, Elisa & Dellink, Rob & Chateau, Jean, 2018. "The sectoral and regional economic consequences of outdoor air pollution to 2060," Energy Economics, Elsevier, vol. 71(C), pages 89-113.
  20. José Antonio Hoyo-Montaño & Guillermo Valencia-Palomo & Rafael Armando Galaz-Bustamante & Abel García-Barrientos & Daniel Fernando Espejel-Blanco, 2019. "Environmental Impacts of Energy Saving Actions in an Academic Building," Sustainability, MDPI, vol. 11(4), pages 1-20, February.
  21. Henry A. Roman & James K. Hammitt & Tyra L. Walsh & David M. Stieb, 2012. "Expert Elicitation of the Value per Statistical Life in an Air Pollution Context," Risk Analysis, John Wiley & Sons, vol. 32(12), pages 2133-2151, December.
  22. Naghmeh Niroomand & Glenn P. Jenkins, 2015. "Estimating the Value of Life, Injury, and Travel Time Saved Using a Stated Preference Framework," Development Discussion Papers 2015-08, JDI Executive Programs.
  23. Eiji Yamada, 2020. "Three chapters on spatial and urban economics [Trois chapitres sur l’économie spatiale et urbaine]," SciencePo Working papers Main tel-03767752, HAL.
  24. Muller, Nicholas Z., 2019. "The derivation of discount rates with an augmented measure of income," Journal of Environmental Economics and Management, Elsevier, vol. 95(C), pages 87-101.
  25. Andersson, Henrik, 2013. "Consistency in preferences for road safety: An analysis of precautionary and stated behavior," Research in Transportation Economics, Elsevier, vol. 43(1), pages 41-49.
  26. Yang Yang & Liwen Luo & Chao Song & Hao Yin & Jintao Yang, 2018. "Spatiotemporal Assessment of PM 2.5 -Related Economic Losses from Health Impacts during 2014–2016 in China," IJERPH, MDPI, vol. 15(6), pages 1-16, June.
  27. Lisa A. Robinson & James K. Hammitt, 2013. "Behavioral economics and the conduct of benefit–cost analysis: towards principles and standards," Chapters, in: Scott O. Farrow & Richard Zerbe, Jr. (ed.), Principles and Standards for Benefit–Cost Analysis, chapter 10, pages 317-363, Edward Elgar Publishing.
  28. James K. Hammitt & Fangli Geng & Xiaoqi Guo & Chris P. Nielsen, 2019. "Valuing mortality risk in China: Comparing stated-preference estimates from 2005 and 2016," Journal of Risk and Uncertainty, Springer, vol. 58(2), pages 167-186, June.
  29. Blake C Alkire & Jeffrey R Vincent & Christy Turlington Burns & Ian S Metzler & Paul E Farmer & John G Meara, 2012. "Obstructed Labor and Caesarean Delivery: The Cost and Benefit of Surgical Intervention," PLOS ONE, Public Library of Science, vol. 7(4), pages 1-10, April.
  30. Hultkrantz, Lars & A. Krüger, Niclas & Mantalos, Panagiotis, 2014. "Risk-adjusted long-term social rates of discount for transportation infrastructure investment," Research in Transportation Economics, Elsevier, vol. 47(C), pages 70-81.
  31. Detlof von Winterfeldt & R. Scott Farrow & Richard S. John & Jonathan Eyer & Adam Z. Rose & Heather Rosoff, 2020. "Assessing the Benefits and Costs of Homeland Security Research: A Risk‐Informed Methodology with Applications for the U.S. Coast Guard," Risk Analysis, John Wiley & Sons, vol. 40(3), pages 450-475, March.
  32. Hultkrantz, Lars & Svensson, Mikael, 2012. "A Comparison of Benefit Cost and Cost Utility Analysis in Practice: Divergent Policies in Sweden," Karlstad University Working Papers in Economics 1, Karlstad University, Department of Economics.
  33. World Bank, 2011. "Air Quality Analysis of Ulaanbaatar," World Bank Publications - Reports 26802, The World Bank Group.
  34. García-Witulski, Christian & Rabassa, Mariano Javier & Conte Grand, Mariana & Rozenberg, Julie, 2023. "Valuing mortality attributable to present and future temperature extremes in Argentina," Economics & Human Biology, Elsevier, vol. 51(C).
  35. Matthew E. Kahn & Nancy Lozano‐Gracia & Maria Edisa Soppelsa, 2021. "Pollution'S Role In Reducing Urban Quality Of Life In The Developing World," Journal of Economic Surveys, Wiley Blackwell, vol. 35(1), pages 330-347, February.
  36. Doucouliagos, Hristos & Stanley, T.D. & Viscusi, W. Kip, 2014. "Publication selection and the income elasticity of the value of a statistical life," Journal of Health Economics, Elsevier, vol. 33(C), pages 67-75.
  37. Aniruddh Mohan & Nicholas Z. Muller & Akshay Thyagarajan & Randall V. Martin & Melanie S. Hammer & Aaron van Donkelaar, 2020. "The Growth of Nations Revisited: Global Environmental Accounting from 1998 to 2018," NBER Working Papers 27398, National Bureau of Economic Research, Inc.
  38. Cropper, Maureen & Khanna, Shefali, 2014. "How Should the World Bank Estimate Air Pollution Damages?," RFF Working Paper Series dp-14-30, Resources for the Future.
  39. Nicholas Z. Muller, 2020. "Long-Run Environmental Accounting in the US Economy," Environmental and Energy Policy and the Economy, University of Chicago Press, vol. 1(1), pages 158-191.
  40. Victoria Y. Fan & Dean T. Jamison & Lawrence H. Summers, 2016. "The Inclusive Cost of Pandemic Influenza Risk," NBER Working Papers 22137, National Bureau of Economic Research, Inc.
  41. Narayan, Tulika & Belova, Anna & Haskell, Jacqueline, 2014. "Aflatoxins: A Negative Nexus between Agriculture, Nutrition and health," 2014 Annual Meeting, July 27-29, 2014, Minneapolis, Minnesota 170568, Agricultural and Applied Economics Association.
  42. Hammitt, James & Haninger, Kevin, 2011. "Valuing Morbidity Risk: Willingness to Pay per Quality-Adjusted Life Year," LERNA Working Papers 11.09.343, LERNA, University of Toulouse.
  43. Marcela Parada-Contzen & Felipe Vásquez-Lavín, 2019. "An analysis of economic incentives to encourage organ donation: evidence from Chile," Latin American Economic Review, Springer;Centro de Investigaciòn y Docencia Económica (CIDE), vol. 28(1), pages 1-18, December.
  44. León-Ciliotta, Gianmarco & Miguel, Edward, 2013. "Transportation Choices and the Value of Statistical Life," Department of Economics, Working Paper Series qt2466n61j, Department of Economics, Institute for Business and Economic Research, UC Berkeley.
  45. Jessica Ochalek & James Lomas & Karl Claxton, 2015. "Cost per DALY averted thresholds for low- and middle-income countries: evidence from cross country data," Working Papers 122cherp, Centre for Health Economics, University of York.
  46. Aidan R. Vining & David L. Weimer, 2019. "The Value of High School Graduation in the United States: Per-Person Shadow Price Estimates for Use in Cost–Benefit Analysis," Administrative Sciences, MDPI, vol. 9(4), pages 1-15, October.
  47. Jeremy Barofsky & Stephen D. Younger, 2019. "The Effect of Government Health Expenditure on the Income Distribution: A Comparison of Valuation Methods in Ghana," Commitment to Equity (CEQ) Working Paper Series 66, Tulane University, Department of Economics.
  48. Gerardo Sanchez Martinez & Joseph V. Spadaro & Dimitris Chapizanis & Vladimir Kendrovski & Mihail Kochubovski & Pierpaolo Mudu, 2018. "Health Impacts and Economic Costs of Air Pollution in the Metropolitan Area of Skopje," IJERPH, MDPI, vol. 15(4), pages 1-11, March.
  49. Frédéric Cherbonnier & Christian Gollier, 2022. "Risk-adjusted Social Discount Rates," Post-Print hal-04012977, HAL.
  50. Henrik Andersson & James Hammitt & Gunnar Lindberg & Kristian Sundström, 2013. "Willingness to Pay and Sensitivity to Time Framing: A Theoretical Analysis and an Application on Car Safety," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 56(3), pages 437-456, November.
  51. Robert J. Johnston & Kevin J. Boyle & Maria L. Loureiro & Ståle Navrud & John Rolfe, 2021. "Guidance to Enhance the Validity and Credibility of Environmental Benefit Transfers," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 79(3), pages 575-624, July.
  52. Anthony Boardman & Jeff Geng & Bruno Lam, 2020. "The Social Cost of Informal Electronic Waste Processing in Southern China," Administrative Sciences, MDPI, vol. 10(1), pages 1-20, February.
  53. Maureen Cropper & James K. Hammitt & Lisa A. Robinson, 2011. "Valuing Mortality Risk Reductions: Progress and Challenges," Annual Review of Resource Economics, Annual Reviews, vol. 3(1), pages 313-336, October.
  54. Claxton, Karl & Asaria, Miqdad & Chansa, Collins & Jamison, Julian & Lomas, James & Ochalek, Jessica & Paulden, Mike, 2019. "Accounting for Timing when Assessing Health-Related Policies," Journal of Benefit-Cost Analysis, Cambridge University Press, vol. 10(S1), pages 73-105, April.
  55. James K. Hammitt & Jin-Tan Liu & Jin-Long Liu, 2022. "Is survival a luxury good? Income elasticity of the value per statistical life," Journal of Risk and Uncertainty, Springer, vol. 65(3), pages 239-260, December.
  56. Lisa A. Robinson & James K. Hammitt & Richard J. Zeckhauser, 2016. "Attention to Distribution in U.S. Regulatory Analyses," Review of Environmental Economics and Policy, Association of Environmental and Resource Economists, vol. 10(2), pages 308-328.
  57. Leonardo Barcellos de Bakker & Pedro Gasparinetti & Júlia Mello de Queiroz & Ana Claudia Santiago de Vasconcellos, 2021. "Economic Impacts on Human Health Resulting from the Use of Mercury in the Illegal Gold Mining in the Brazilian Amazon: A Methodological Assessment," IJERPH, MDPI, vol. 18(22), pages 1-26, November.
  58. Peter Juul Egedesø & Casper Worm Hansen & Peter Sandholt Jensen, 2020. "Preventing the White Death: Tuberculosis Dispensaries," The Economic Journal, Royal Economic Society, vol. 130(629), pages 1288-1316.
  59. Parry, Ian W.H., 2012. "Reforming the tax system to promote environmental objectives: An application to Mauritius," Ecological Economics, Elsevier, vol. 77(C), pages 103-112.
  60. Gianmarco León & Edward Miguel, 2017. "Risky Transportation Choices and the Value of a Statistical Life," American Economic Journal: Applied Economics, American Economic Association, vol. 9(1), pages 202-228, January.
  61. Anna Alberini & Milan Ščasný, 2021. "On the validity of the estimates of the VSL from contingent valuation: Evidence from the Czech Republic," Journal of Risk and Uncertainty, Springer, vol. 62(1), pages 55-87, February.
  62. Thomas Stoerk, 2017. "Compliance, Efficiency and Instrument Choice: Evidence from air pollution control in China," GRI Working Papers 273, Grantham Research Institute on Climate Change and the Environment.
  63. Pu Wang & Cheng-Kuan Lin & Yi Wang & Dachuan Liu & Dunjiang Song & Tong Wu, 2021. "Location-specific co-benefits of carbon emissions reduction from coal-fired power plants in China," Nature Communications, Nature, vol. 12(1), pages 1-11, December.
  64. Hua Zan & Robert L. Scharff, 2017. "Regional Differences in the Value of Statistical Life," Journal of Consumer Policy, Springer, vol. 40(2), pages 157-176, June.
  65. N. Witvorapong & T. Komonpaisarn, 2020. "The Value of a Statistical Life in Thailand: Evidence from the Labour Market," Journal of Consumer Policy, Springer, vol. 43(3), pages 491-518, September.
  66. Kniesner, Thomas J. & Sullivan, Ryan & Viscusi, W. Kip, 2024. "The Military VSL," IZA Discussion Papers 17441, Institute of Labor Economics (IZA).
  67. Robinson Lisa A. & Hammitt James K., 2013. "Skills of the trade: valuing health risk reductions in benefit-cost analysis," Journal of Benefit-Cost Analysis, De Gruyter, vol. 4(1), pages 107-130, March.
  68. Luis Armando Becerra-Pérez & Roberto Alonso Ramos-Álvarez & Juan J. DelaCruz & Benjamín García-Páez & Federico Páez-Osuna & J. Guillermo Cedeño-Laurent & Elena Boldo, 2021. "An Economic Analysis of the Environmental Impact of PM 2.5 Exposure on Health Status in Three Northwestern Mexican Cities," Sustainability, MDPI, vol. 13(19), pages 1-17, September.
  69. Hammitt, James K. & Haninger, Kevin, 2017. "Valuing nonfatal health risk as a function of illness severity and duration: Benefit transfer using QALYs," Journal of Environmental Economics and Management, Elsevier, vol. 82(C), pages 17-38.
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  71. 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.
  72. Marcus C. Sarofim & Stephanie T. Waldhoff & Susan C. Anenberg, 2017. "Valuing the Ozone-Related Health Benefits of Methane Emission Controls," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 66(1), pages 45-63, January.
  73. Henrik Lindhjem & Ståle Navrud & Nils Axel Braathen & Vincent Biausque, 2011. "Valuing Mortality Risk Reductions from Environmental, Transport, and Health Policies: A Global Meta‐Analysis of Stated Preference Studies," Risk Analysis, John Wiley & Sons, vol. 31(9), pages 1381-1407, September.
  74. Pei Du & Jianzhou Wang & Wendong Yang & Tong Niu, 2022. "A novel hybrid fine particulate matter (PM2.5) forecasting and its further application system: Case studies in China," Journal of Forecasting, John Wiley & Sons, Ltd., vol. 41(1), pages 64-85, January.
  75. Gibson, Matthew & Carnovale, Maria, 2015. "The effects of road pricing on driver behavior and air pollution," Journal of Urban Economics, Elsevier, vol. 89(C), pages 62-73.
  76. Lisa A. Robinson & James K. Hammitt, 2016. "Valuing Reductions in Fatal Illness Risks: Implications of Recent Research," Health Economics, John Wiley & Sons, Ltd., vol. 25(8), pages 1039-1052, August.
  77. James K. Hammitt & Peter Morfeld & Jouni T. Tuomisto & Thomas C. Erren, 2020. "Premature Deaths, Statistical Lives, and Years of Life Lost: Identification, Quantification, and Valuation of Mortality Risks," Risk Analysis, John Wiley & Sons, vol. 40(4), pages 674-695, April.
  78. Treich, Nicolas & Yang, Yuting, 2021. "Public safety under imperfect taxation," Journal of Environmental Economics and Management, Elsevier, vol. 106(C).
  79. Frederic Cherbonnier & Christian Gollier, 2022. "Risk-adjusted Social Discount Rates," The Energy Journal, , vol. 43(4), pages 45-68, May.
  80. Ying Zhou & James Hammitt & Joshua S. Fu & Yang Gao & Yang Liu & Jonathan I. Levy, 2014. "Major Factors Influencing the Health Impacts from Controlling Air Pollutants with Nonlinear Chemistry: An Application to China," Risk Analysis, John Wiley & Sons, vol. 34(4), pages 683-697, April.
  81. Fan, Victoria Y & Jamison, Dean T & Summers, Lawrence H, 2018. "Pandemic risk: how large are the expected losses?," Scholarly Articles 35014363, Harvard Kennedy School of Government.
  82. Christopher Hansman & Jonas Hjort & Gianmarco León, 2015. "Firm's response and unintended health consequences of industrial regulations," Economics Working Papers 1469, Department of Economics and Business, Universitat Pompeu Fabra.
  83. Chen, Han & Chen, Wenying, 2019. "Potential impact of shifting coal to gas and electricity for building sectors in 28 major northern cities of China," Applied Energy, Elsevier, vol. 236(C), pages 1049-1061.
  84. Jianzhou Wang & Pei Du, 2021. "Quarterly PM2.5 prediction using a novel seasonal grey model and its further application in health effects and economic loss assessment: evidences from Shanghai and Tianjin, China," Natural Hazards: Journal of the International Society for the Prevention and Mitigation of Natural Hazards, Springer;International Society for the Prevention and Mitigation of Natural Hazards, vol. 107(1), pages 889-909, May.
  85. Gilmore, Elisabeth A. & Patwardhan, Anand, 2016. "Passenger vehicles that minimize the costs of ownership and environmental damages in the Indian market," Applied Energy, Elsevier, vol. 184(C), pages 863-872.
  86. Scotton Carol R., 2013. "New risk rates, inter-industry differentials and the magnitude of VSL estimates," Journal of Benefit-Cost Analysis, De Gruyter, vol. 4(1), pages 39-80, March.
  87. José Antonio Robles-Zurita, 2015. "Valuation of Safety under Reference-Dependent Evaluation of Income," Working Papers 15.03, Universidad Pablo de Olavide, Department of Economics.
  88. Sevilla, J.P. & Stawasz, Andrew & Burnes, Daria & Poulsen, Peter Bo & Sato, Reiko & Bloom, David E., 2019. "Indirect costs of adult pneumococcal disease and productivity-based rate of return to PCV13 vaccination for older adults and elderly diabetics in Denmark," The Journal of the Economics of Ageing, Elsevier, vol. 14(C).
  89. Beth Woods & Paul Revill & Mark Sculpher & Karl Claxton, 2015. "Country-level cost-effectiveness thresholds: initial estimates and the need for further research," Working Papers 109cherp, Centre for Health Economics, University of York.
  90. Acland, Daniel J. & Greenberg, David H., 2023. "Distributional weighting and welfare/equity tradeoffs: a new approach," Journal of Benefit-Cost Analysis, Cambridge University Press, vol. 14(1), pages 68-92, March.
  91. Zhu, Hongmiao & Jin, Zhen, 2023. "A dynamics model of knowledge dissemination in a WeChat Group from perspective of duplex networks," Applied Mathematics and Computation, Elsevier, vol. 454(C).
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