Do life-saving regulations save lives ?
Publikation/Tidskrift/Serie: JOURNAL OF RISK AND UNCERTAINTY
Förlag: KLUWER ACADEMIC PUBL
Life-saving regulations may be counter-productive since they have an indirect mortality effect through the reduction in disposable income. This paper estimates the effect of income on mortality, controlling for the initial health status and a host of personal characteristics. The analysis is based on a random sample of the adult Swedish population of over 40,000 individuals followed up for 10-17 years. The income loss that will induce an expected fatality is estimated to be $6.8 million when the costs are borne equally among all adults, $8.4 million when the costs are borne proportionally to income and $9.8 million when the costs are borne progressively to income.
- Medicine and Health Sciences
- Social Sciences
- risk-risk analysis
- duration models
- ISSN: 0895-5646