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The fatality and morbidity components of the value of statistical life

机译:统计生命价值中的死亡率和发病率部分

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The fatality risk-money tradeoff that is the value of a statistical life (VSL) may vary with the nature of the fatality event. While all fatalities involve loss of future life expectancy, the morbidity effects and their duration may differ. This article analyzes fatality risks accompanied by morbidity effects of different duration to disentangle the mortality and morbidity components of VSL using data from the Census of Fatal Occupational Injuries (CFOI). The VSL is comprised of the sum of the value of the fatality risk and the value of the morbidity risk. Labor market valuations of morbidity risks are positive, even for fatalities that are caused by traumatic injuries. The value of the fatality risk is the dominant component of VSL, rather than the value of the morbidity risk. (C) 2016 Elsevier B.V. All rights reserved.
机译:死亡风险与金钱的折衷是统计生命(VSL)的值,可能会随死亡事件的性质而变化。尽管所有死亡都涉及未来寿命的损失,但发病率的影响及其持续时间可能有所不同。本文使用致命职业伤害普查(CFOI)的数据分析了死亡风险以及不同时期的发病率效应,以区分VSL的死亡率和发病率成分。 VSL由致命风险值和发病风险值之和组成。劳动力市场对发病风险的评估是积极的,即使是因外伤造成的死亡也是如此。致命风险的价值是VSL的主要组成部分,而不是发病风险的价值。 (C)2016 Elsevier B.V.保留所有权利。

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