The Value of Life: Estimates with Risks by Occupation and Industry

By Kip Viscusi, John F. Cogan. 2003

251 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/89a37ff9a4435ecd3373e7b15d62fd010262929a

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In Economics and Econometrics

Citations in the corpus

Valuing Mortality Risk Reductions: Progress and Challenges (2011, methodology): “Estimates are especially sensitive to the inclusion of dummy variables for occupation and industry and to the inclusion of nonfatal job risk and replacement of wages through workers’ compensation programs (e.g., Viscusi 2004).”
Mismeasuring the value of statistical life (2009, background): “See e.g. Viscusi (2004), who discusses fatality risks ranking from 1/100,000 to 45/100,000.”
The value of mortality risk reductions in Delhi, India (2006, methodology): “Kniesner and Viscusi (2005) point out that omitted variables in a standard wage equation”
Adjusting the Value of a Statistical Life for Age and Cohort Effects (2008, background): “dataset presented in Viscusi (2004). We estimated a mean VSL of $4.5 million (1997$), which is virtually indistinguishable from the Viscusi (2004) estimate of $4.”
Cost-Benefit Analysis and the Environment: Recent Developments (2006, background): “On the other hand, Viscusi (2004) finds that wage premia vary directly with death risks and with injury risks in occupations, and Viscusi and Aldy’s (2003) meta-analysis of wage risk studies for the USA finds VOSL that vary directly with risk reduction but with only a minor effect of high risk on VO”
The Income Elasticity of the Value per Statistical Life: Transferring Estimates between High and Low Income Populations (2011, methodology): “…(GNI) was about $46,000 in the U.S., compared to an average of about $1,900 in Sub-Saharan Africa.12 Robinson (2008) suggests a central U.S. VSL of $6.3 million for the same year, based on the Viscusi (2004) wage-risk study and applying an income elasticity of 0.47 from Viscusi and Aldy (2003).”
The Value of a Statistical Life: Evidence from Panel Data (2012, methodology): “The only previous use of the fatality rate data at our level of disaggregation and for different periods of time is in Viscusi (2004) .”