The Welfare Cost of Homicides in Brazil: Accounting for Heterogeneity in the Willingness to Pay for Mortality Reductions.

Abstract:

:This paper estimates the health dimension of the welfare cost of homicides in Brazil incorporating age, gender, educational, and regional heterogeneities. We use a marginal willingness to pay approach to assign monetary values to the welfare cost of increased mortality due to violence. Results indicate that the present discounted value of the welfare cost of homicides in Brazil corresponds to roughly 78% of the GDP or, in terms of yearly flow, 2.3%. The analysis also shows that reliance on aggregate data to perform such calculations can lead to biases of around 20% in the estimated social cost of violence.

journal_name

Health Econ

journal_title

Health economics

authors

Cerqueira D,Soares RR

doi

10.1002/hec.3137

subject

Has Abstract

pub_date

2016-03-01 00:00:00

pages

259-76

issue

3

eissn

1057-9230

issn

1099-1050

journal_volume

25

pub_type

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