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Robust Estimates of Value of a Statistical Life for Developing Economies: An Application to Pollution and Mortality in Santiago

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  • Brad J. Bowland
  • John C. Beghin

Abstract

The value-of-statistical-life (VSL) approach is used by environmental economists to value mortality changes resulting from environmental improvement, such as decreases in air pollution. Due to the scarcity of data, VSL estimates are not available for developing countries. Using robust regression techniques, the authors conduct a meta-analysis of VSL studies in industrialized countries to derive a VSL prediction function for developing economies, accounting for differences in risk, income, human capital levels, and other demographic characteristics.

Suggested Citation

  • Brad J. Bowland & John C. Beghin, 1998. "Robust Estimates of Value of a Statistical Life for Developing Economies: An Application to Pollution and Mortality in Santiago," Center for Agricultural and Rural Development (CARD) Publications 99-wp214, Center for Agricultural and Rural Development (CARD) at Iowa State University.
  • Handle: RePEc:ias:cpaper:99-wp214
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    References listed on IDEAS

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    1. O'Ryan, Raul E., 1996. "Cost-Effective Policies to Improve Urban Air Quality in Santiago, Chile," Journal of Environmental Economics and Management, Elsevier, vol. 31(3), pages 302-313, November.
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    Cited by:

    1. Marcela Parada-Contzen & Andrés Riquelme-Won & Felipe Vasquez-Lavin, 2013. "The value of a statistical life in Chile," Empirical Economics, Springer, vol. 45(3), pages 1073-1087, December.
    2. Eskeland, Gunnar*Chingying Kong, 1998. "Protecting the environment and the poor - a public goods framework applied to Indonesia," Policy Research Working Paper Series 1961, The World Bank.
    3. Benkhalifa, Abdelaziz, 2010. "The value of mortality risk reductions in the Tunisian building and manufacturing industries," MPRA Paper 63617, University Library of Munich, Germany.
    4. Perdomo, Jorge & Arzuza, Maria, 2014. "Beneficios económicos de Transmetro sobre la reducción de la accidentalidad vial en el área metropolitana de Barranquilla, Colombia," REVISTA LECTURAS DE ECONOMÍA, UNIVERSIDAD DE ANTIOQUIA - CIE, issue 82, pages 219-245, August.
    5. Juan Carlos Echeverry & Ana María Ibáñez & Andrés Moya & Luis Carlos Hillón, 2005. "The Economics of Transmilenio, a Mass Transit System for Bogotá," ECONOMIA JOURNAL, THE LATIN AMERICAN AND CARIBBEAN ECONOMIC ASSOCIATION - LACEA, vol. 0(Spring 20), pages 151-196, January.
    6. Sujitra Vassanadumrongdee & Shunji Matsuoka & Hiroaki Shirakawa, 2004. "Meta-analysis of contingent valuation studies on air pollution-related morbidity risks," Environmental Economics and Policy Studies, Springer;Society for Environmental Economics and Policy Studies - SEEPS, vol. 6(1), pages 11-47, March.
    7. Bowland, Bradley J. & Beghin, John C., 2001. "Robust estimates of value of a statistical life for developing economies," Journal of Policy Modeling, Elsevier, vol. 23(4), pages 385-396, May.

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