
@article{ref1,
title="The economic value of fatal and non-fatal occupational risks in Mexico City using actuarial- and perceived-risk estimates",
journal="Health economics",
year="2006",
author="Hammitt, James K. and Ibarrarán, Maria Eugenia",
volume="15",
number="12",
pages="1329-1133",
abstract="Compensating wage differentials are used to estimate marginal rates of substitution between income and both fatal and non-fatal occupational-injury risks in the Mexico City metropolitan area. Data are obtained by in-person survey of almost 600 workers and include workers' perceived risks of fatal and non-fatal occupational injury supplemented by actuarial-risk estimates from government statistics. Results using both actuarial- and perceived-risk estimates are reasonably consistent. Estimates of the value per statistical life are between US$235 000 and US$325 000 and estimates of the value per statistical non-fatal injury are between US$3500 and US$11 000 (2002 US dollars). These values are much smaller than corresponding estimates for higher-income countries but are compatible with the small number of prior estimates for lower-income countries.Ã�    <p></p>  <p>Language: en</p>",
language="en",
issn="1057-9230",
doi="10.1002/hec.1137",
url="http://dx.doi.org/10.1002/hec.1137"
}