Title
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The impact of the Ebola crisis on mortality and welfare in Liberia
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Author
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Abstract
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This study assesses the impact of Ebola virus disease (EVD) outbreak on individual and total welfare in Liberia during 2014/15. By combining mortality and household consumption data, it estimates how much individuals would be hypothetically willing to pay to avoid the EVD-induced increase in age- and sex-specific mortality rates. The results suggest that the total welfare loss associated with EVD-related mortality ranges from $90 to $190 million, which is comparable to estimates based on the economic costs of EVD alone. In addition, the estimates lie between those derived from the cost-of-illness and value of statistical life approaches applied in previous works. This suggests that incorporating additional information on age- and sex-specific mortality, as well as individual consumption levels, provides a more accurate estimation of the welfare loss due to EVD-related mortality. |
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Language
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English
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Source (journal)
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Health economics. - Chichester
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Publication
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Hoboken
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Wiley
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2020
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ISSN
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1057-9230
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DOI
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10.1002/HEC.4150
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Volume/pages
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p. 1-16
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ISI
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000567223100001
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Pubmed ID
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32812679
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Full text (Publisher's DOI)
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Full text (publisher's version - intranet only)
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