Estimating the health damage costs of electricity generation in Thailand

Sakulniyomporn, Songsak; Kubaha, Kuskana; Chullabodhi, Chullapong

doi:10.1109/esd.2010.5598854

Cited by 1 publication

(1 citation statement)

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“…where VSL NIG is Nigeria's VSL estimate to be obtained via calibration; VSL US is the US VSL estimate to be transferred to Nigeria; Y NIG /Y US is the ratio of purchasing power parity (PPP) 9 of Nigeria's GNI per-capita to that of the US (at 2006 prices); and e is the elasticity of willingness to pay for a marginal reduction in mortal risk with respect to income. This is assumed arbitrarily to be 1.0 in most empirical studies estimating the health related benefits associated with mitigating air pollution in developing countries (see for instance Zhang et al, 2008;Hainoun et al, 2010;Sakulniyomporn et al, 2010). 10 The apparent simplicity renders the value transfer procedure an attractive approach but it is not without flaws.…”

Section: The Value Of Statistical Lifementioning

confidence: 99%

Estimating Mortality and Economic Costs of Particulate Air Pollution in Developing Countries: The Case of Nigeria

Yaduma

Kortelainen

Wossink

2012

Environ Resource Econ

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The value of statistical life is an essential parameter used in ascribing monetary values to the mortality costs of air pollution in health risk analyses. However, this willingness to pay estimate is virtually non-existent for most developing countries. In the absence of local estimates, two major benefit transfer approaches lend themselves to the estimation of the value of statistical life: the value transfer method and the meta-regression analysis. Using Nigeria as a sample country, we find that the latter method is better tailored than the former for incorporating many characteristics that vary between study sites and policy sites into its benefit transfer application. It is therefore likely to provide more accurate value of statistical life predictions for very low-income countries. Employing the meta-regression method, we find Nigeria's value of statistical life estimate to be $489,000. Combining this estimate with dose response functions from the epidemiological literature, it follows that if Nigeria had mitigated its 2006 particulate air pollution to the World Health Organisation standards, it could have avoided at least 58,000 premature deaths and recorded an avoided mortality related welfare loss of about $28 billion or 19 % of the nation's GDP for that year. © 2012 Springer Science+Business Media B.V

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Section: The Value Of Statistical Lifementioning

confidence: 99%