@article{ref1,
title="The macroeconomic consequences of firearm-related fatalities in OECD countries, 2018-30: a value-of-lost-output analysis",
journal="Health affairs (Project Hope)",
year="2020",
author="Peters, Alexander W. and Yorlets, Rachel R. and Shrime, Mark G. and Alkire, Blake C.",
volume="39",
number="11",
pages="1961-1969",
abstract="We modeled gross domestic product (GDP) losses attributable to firearm-related fatalities in each of thirty-six Organization for Economic Cooperation and Development (OECD) countries using the value-of-lost-output approach from 2018 to 2030. There are three categories of firearm-related fatalities: physical violence, self-harm, and unintentional injury. We project that the thirty-six OECD countries will lose $239.0 billion in cumulative GDP from 2018 to 2030 from firearm-related fatalities. Most of these losses ($152.5 billion) will occur as a result of fatalities in the US. In 2030 alone, the OECD countries will collectively lose $30.4 billion (0.04 percent) of their estimated annual GDP from firearm-related fatalities. The highest relative losses will occur in Mexico and the US; the lowest will occur in Japan. Firearm-related fatalities are expected to disproportionately affect the US and Mexican economies. Across the OECD, 48.5 percent of economic losses will be attributable to physical violence, 47.0 percent to self-harm, and 4.6 percent to unintentional injury. These findings provide a more complete picture of the toll of firearm-related fatalities, a global public health crisis that, without intervention, will continue to impose significant economic losses across OECD countries.<p /> <p>Language: en</p>",
language="en",
issn="0278-2715",
doi="10.1377/hlthaff.2019.01701",
url="http://dx.doi.org/10.1377/hlthaff.2019.01701"
}