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Do Life-Saving Regulations Save Lives?

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Author Info
Gerdtham, Ulf-G
Johannesson, Magnus

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Abstract

Life-saving regulations may be counter-productive since they have an indirect mortality effect through the reduction in disposable income. This paper estimates the effect of income on mortality, controlling for the initial health status and a host of personal characteristics. The analysis is based on a random sample of the adult Swedish population of over 40,000 individuals followed up for 10-17 years. The income loss that will induce an expected fatality is estimated to be $6.8 million when the costs are borne equally among all adults, $8.4 million when the costs are borne proportionally to income and $9.8 million when the costs are borne progressively to income. Copyright 2002 by Kluwer Academic Publishers

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Publisher Info
Article provided by Springer in its journal Journal of Risk and Uncertainty.

Volume (Year): 24 (2002)
Issue (Month): 3 (May)
Pages: 231-49
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Handle: RePEc:kap:jrisku:v:24:y:2002:i:3:p:231-49

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  1. Ulf-G. Gerdtham & Christopher J. Ruhm, 2002. "Deaths Rise in Good Economic Times: Evidence From the OECD," NBER Working Papers 9357, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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  2. Henrik Andersson, 2005. "The Value of Safety as Revealed in the Swedish Car Market: An Application of the Hedonic Pricing Approach," Journal of Risk and Uncertainty, Springer, vol. 30(3), pages 211-239, May. [Downloadable!] (restricted)
  3. Ljungvall , Åsa & Gerdtham , Ulf-G, 2009. "More equal but heavier: A longitudinal analysis of income-related obesity inequalities in an adult Swedish cohort," Working Papers 2009:3, Lund University, Department of Economics. [Downloadable!]
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This page was last updated on 2009-12-31.


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