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来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w29185 |
来源ID | Working Paper 29185 |
The Value of Statistical Life: A Meta-analysis of Meta-analyses | |
H. Spencer Banzhaf | |
发表日期 | 2021-08-30 |
出版年 | 2021 |
语种 | 英语 |
摘要 | The Value of Statistical Life (VSL) is arguably the most important number in benefit-cost analyses of environmental, health, and transportation policies. However, agencies have used a wide range of VSL values. One reason may be the embarrassment of riches when it comes to VSL studies. While meta-analysis is a standard way to synthesize information across studies, we now have multiple competing meta-analyses and reviews. Thus, to analysts, picking one such meta-analysis may feel as hard as picking a single "best study." This paper responds by taking the meta-analysis another step, estimating a meta-analysis (or mixture distribution) of six meta-analyses. The baseline model yields a central VSL of $7.0m, with a 90% confidence interval of $2.4m to $11.2m. The provided code allows users to easily change subjective weights on the studies, add new studies, or change adjustments for income, inflation, and latency. |
主题 | Health, Education, and Welfare ; Health ; Labor Economics ; Demography and Aging ; Labor Compensation ; Other ; Law and Economics ; Environmental and Resource Economics ; Environment |
URL | https://www.nber.org/papers/w29185 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/586858 |
推荐引用方式 GB/T 7714 | H. Spencer Banzhaf. The Value of Statistical Life: A Meta-analysis of Meta-analyses. 2021. |
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文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w29185.pdf(232KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
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