@article{ref1,
title="The welfare cost of homicides in Brazil: accounting for heterogeneity in the willingness to pay for mortality reductions",
journal="Health economics",
year="2014",
author="Cerqueira, Daniel and Soares, Rodrigo R.",
volume="25",
number="3",
pages="259-276",
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. <br><br>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. Copyright © 2014 John Wiley & Sons, Ltd.<p /> <p>Language: en</p>",
language="en",
issn="1057-9230",
doi="10.1002/hec.3137",
url="http://dx.doi.org/10.1002/hec.3137"
}