NATIONAL BUREAU OF ECONOMIC RESEARCH
NATIONAL BUREAU OF ECONOMIC RESEARCH

Valuation of the Risk of SARS in Taiwan

Jin-Tan Liu, James K. Hammitt, Jung-Der Wang, Meng-Wen Tsou

NBER Working Paper No. 10011
Issued in October 2003
NBER Program(s):   HE

Two surveys conducted in Taiwan during the spring 2003 SARS epidemic reveal a high degree of concern about the threat posed by SARS to Taiwan and to residents, although respondents believe they are knowledgeable about the risk of SARS and that it is susceptible to individual control. WTP to reduce the risk of infection and death from SARS is elicited using contingent valuation methods. Estimated WTP is high, implying values per statistical life of US$3 to 12 million. While consistent with estimates for high-income countries, these values are substantially larger than previous estimates for Taiwan and may be attributable to the high degree of concern about SARS at the time the data were collected.

download in pdf format
   (179 K)

email paper

The NBER Bulletin on Aging and Health provides summaries of publications like this.  You can sign up to receive the NBER Bulletin on Aging and Health by email.

This paper is available as PDF (179 K) or via email.

Machine-readable bibliographic record - MARC, RIS, BibTeX

Document Object Identifier (DOI): 10.3386/w10011

Published: Liu, Jin-Tan, James K. Hammitt, Jun-Der Wang, and Meng-Wen Tsou. “Valuation of the Risk of SARS in Taiwan." Health Economics 14, 1 (2005): 83-91.

Users who downloaded this paper also downloaded these:
Bennett, Chiang, and Malani w16955 Learning During a Crisis: the SARS Epidemic in Taiwan
 
Publications
Activities
Meetings
Data
People
About

Support
National Bureau of Economic Research, 1050 Massachusetts Ave., Cambridge, MA 02138; 617-868-3900; email: info@nber.org

Contact Us