The Value of Statistical Life and the Economics of Landmine Clearance in Developing Countries

John Gibson, Sandra Barns, Michael Cameron, Steven Lim, Francis Scrimgeour and John Tressler ()

Working Papers in Economics from University of Canterbury, Department of Economics and Finance

Abstract: This paper presents estimates of the Value of Statistical Life (VSL) in rural Thailand using the contingent-valuation (CV) method. These estimates are applied to an economic analysis of landmine clearance. The estimated VSL of US$250,000 suggests that the value of lives saved from landmine clearance is at least an order of magnitude greater than the values used in existing studies.

Keywords: Asia; Thailand; benefit-cost analysis; contingent valuation; landmines; value of statistical life (search for similar items in EconPapers)
JEL-codes: J17 O22 (search for similar items in EconPapers)
Pages: 24 pages
Date: 2005-04-01
New Economics Papers: this item is included in nep-env, nep-ias and nep-sea
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https://repec.canterbury.ac.nz/cbt/econwp/0504.pdf (application/pdf)

Related works:
Journal Article: The Value of Statistical Life and the Economics of Landmine Clearance in Developing Countries (2007)
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Persistent link: https://EconPapers.repec.org/RePEc:cbt:econwp:05/04

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