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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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    1. Ann Fisher & Lauraine G. Chestnut & Daniel M. Violette, 1989. "The value of reducing risks of death: A note on new evidence," Journal of Policy Analysis and Management, John Wiley & Sons, Ltd., vol. 8(1), pages 88-100.
    2. 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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    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. Juan Carlos Echeverry & Ana María Ibáñez & Andrés Moya & Luis Carlos Hillón, 2005. "The Economics of Transmilenio, a Mass Transit System for Bogotá," Economía Journal, The Latin American and Caribbean Economic Association - LACEA, vol. 0(Spring 20), pages 151-196, January.
    3. Chemingui, Mohamed A. & Thabet, Chokri, 2013. "Trade liberalization, local air pollution, and public health in Tunisia: Assessing the Ancillary Health Benefits of Pollution Abatement Policy," Conference papers 332347, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    4. 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.
    5. 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.
    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. 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.
    8. Benkhalifa, Abdelaziz, 2010. "The value of mortality risk reductions in the Tunisian building and manufacturing industries," MPRA Paper 63617, University Library of Munich, Germany.
    9. А. Zubets N. & А. Novikov V. & А. Зубец Н. & А. Новиков В., 2018. "Численная Оценка Стоимости Жизни Человека В России И В Мире // Quantitative Assessment Of The Value Of Human Life In Russia And In The World," Финансы: теория и практика/Finance: Theory and Practice // Finance: Theory and Practice, ФГОБУВО Финансовый университет при Правительстве Российской Федерации // Financial University under The Government of Russian Federation, vol. 22(4), pages 52-75.

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