The Economic Value of Life

Economica ◽  
1985 ◽  
Vol 52 (207) ◽  
pp. 281 ◽  
Author(s):  
John Broome
Keyword(s):  
Economic Value ◽  
Value Of Life ◽  
Economic Value Of Life

The Economic Value of Life: A Comment

Economica ◽  
1987 ◽  
Vol 54 (215) ◽  
pp. 397
Author(s):  
M. W. Jones-Lee
Keyword(s):  
Economic Value ◽  
Value Of Life ◽  
Economic Value Of Life

THE ECONOMIC VALUE OF LIFE.

JAMA ◽  
2007 ◽  
Vol 297 (7) ◽  
pp. 753
Keyword(s):  
Economic Value ◽  
Value Of Life ◽  
Economic Value Of Life

scholarly journals Economic Value of Life in Iran: The Human Capital Approach

2021 ◽  
Author(s):  
Mehdi BASAKHA ◽  
Neda SOLEIMANVANDIAZAR ◽  
Fateh TAVANGAR ◽  
Shabnam DANESHI
Keyword(s):  
Human Capital ◽  
Economic Value ◽  
Age Groups ◽  
Cost Benefit ◽  
Value Of Life ◽  
Human Capital Approach ◽  
Age Group ◽  
Statistical Life ◽  
The Cost ◽  
Economic Value Of Life

Background: The human life value is among the most important challenges of the health economic evaluation. This limitation has reduced the feasibility of applying the cost-benefit method in evaluations of health interventions and policies. Using the human capital approach and discounted value of future earnings, the present study calculated the human capital of different age groups. Methods: The required data were obtained using “income and expenditures of Iranian households” data in 2015 from the Statistical Center of Iran, which included the information on 19380 urban households. Results: According to the calculation of human capital, the maximum value of a statistical life year in the highincome group was related to the age group of 30-34 yr old (223,286 US$ equals to 9378 million Iranian Rials). The lowest value in all three groups of high, medium and low income is related to the age group of 85 and older. In addition, the economic value of statistical life year for men has been calculated as higher than that of women, however, in older age groups, the human capital of both genders have been converging. Conclusion: The economic value of life for young people aged between 20 to 30 yr was higher than other demographic groups. The findings of the research help to provide a more accurate base for the cost-benefit analysis of health and social policies. Considering the economic value of the statistical life for different age groups may change policy priorities in areas related to health and life of human beings.

THE ECONOMIC VALUE OF LIFE.

JAMA ◽  
1907 ◽  
Vol XLVIII (8) ◽  
pp. 701
Keyword(s):  
Economic Value ◽  
Value Of Life ◽  
Economic Value Of Life

scholarly journals The economic value of life: linking theory to practice.

1982 ◽  
Vol 72 (6) ◽  
pp. 555-566 ◽  
Author(s):  
J S Landefeld ◽  
E P Seskin
Keyword(s):  
Economic Value ◽  
Value Of Life ◽  
Theory To Practice ◽  
Economic Value Of Life

The Alleged Persistent Misapplication Of Economics Vs. The Economic Value Of Life: A Comment

1995 ◽  
Vol 8 (3) ◽  
pp. 279-286 ◽  
Author(s):  
Roy F. Gilbert
Keyword(s):  
Economic Value ◽  
Value Of Life ◽  
Economic Value Of Life

Abstract No abstract available.

scholarly journals Estimates of the value of life lost from COVID-19 in Ohio

2021 ◽  
Author(s):  
Peter J Mallow
Keyword(s):  
Public Health ◽  
Social Security ◽  
Economic Burden ◽  
Economic Value ◽  
Value Of Life ◽  
Mitigation Strategies ◽  
The Novel ◽  
Social Security Administration ◽  
Trade Off ◽  
Novel Coronavirus

The economic burden of mortality due to the novel coronavirus (COVID-19) extends beyond the lives lost. Data from the Ohio Department of Public Health and Social Security Administration was used to estimate the years of potential life lost, 72,274 and economic value of those lost lives, US$17.39 billion. These estimates may be used to assess the risk-trade off of COVID-19 mitigation strategies in Ohio.

scholarly journals Estimates of the Value of Life Lost from COVID-19 in Ohio

2020 ◽  
Author(s):  
Peter J. Mallow
Keyword(s):  
Public Health ◽  
Social Security ◽  
Economic Burden ◽  
Economic Value ◽  
Value Of Life ◽  
Mitigation Strategies ◽  
The Novel ◽  
Social Security Administration ◽  
Trade Off ◽  
Novel Coronavirus

AbstractThe economic burden of mortality due to the novel coronavirus (COVID-19) was estimated for the State of Ohio. Data from the Ohio Department of Public Health and Social Security Administration was used to estimate the years of potential life lost, 56,518, and economic value of those lost lives, $13.60 billion. These estimates may be used to assess the risk-trade off of COVID-19 mitigation strategies in Ohio.

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