PII | S020736760011348-1-1 |
DOI | 10.31857/S020736760011348-1 |
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Article
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Published
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Authors |
Occupation: Director of the FBK Strategic Analysis Institute Affiliation: FBK Strategic Analysis Institute
Address: Russian Federation, Moscow
Occupation: Head of the Department of Management in Healthcare and Sports Industry Affiliation: State University of Management
Address: Russian Federation, Moscow
Occupation: Professor of the Department of Management in Healthcare and Sports Industry Affiliation: State University of Management
Address: Russian Federation, Moscow
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Journal name | Obshchestvo i ekonomika |
Edition | Issue 9 |
Pages | 59-74 |
Abstract | The study estimated economic losses caused by premature deaths from coronavirus infection for 44 national economies (OECD and BRICS countries). For the calculations the author used an income approach to determining the value of a statistical life, as well as forecast data from the OECD.
According to the calculations, the economic losses from deaths caused by the coronavirus amounted to USD 119.5 billion in the OECD countries, and to USD 37.1 billion in the BRICS countries. The economic losses from deaths in Russia amounted to USD 4.2 billion.
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Keywords | value of a statistical life, economic losses, coronavirus, life expectancy, OECD, BRICS, international comparisons |
Received | 28.09.2020 |
Publication date | 29.09.2020 |
Number of characters | 35797 |
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