@article{ref1,
title="Assessing the use of pseudo-panels to estimate the value of statistical life",
journal="Applied economics",
year="2022",
author="Vasquez-Lavin, Felipe and Bratti, Luna and Orrego, Sergio and Barrientos, Manuel",
volume="54",
number="34",
pages="3972-3988",
abstract="In this paper, we estimate the Value of Statistical Life (VSL) for Chile, Colombia, and the United States using a hedonic wage model and a pseudo-panel approach. The VSL is a major component of the cost-benefit analysis of many policies, including public health, transportation safety, and environmental regulation. Using pseudo-panels, also known as synthetic cohort data, to estimate the VSL is relevant for low- and middle-income countries because many do not have panel data but do have repeated cross-sectional information. We conclude that the pseudo-panel approach is a suitable alternative for estimating the VSL when panel data is unavailable.<p /> <p>Language: en</p>",
language="en",
issn="0003-6846",
doi="10.1080/00036846.2021.2019186",
url="http://dx.doi.org/10.1080/00036846.2021.2019186"
}