PublicationWorking Papers

Quality of Life Lost Due to Non-Fatal Road Crashes

Social Sciences > Economics > Public EconomicsLife Sciences and Biomedicine > Health and Lifestyle

The objective of this paper is to evaluate the effect of a nonfatal road crash on the health-related quality of life of injured people. A new approach is suggested, based on the cardinalization of categorical Self-Assessed Health valuations. Health losses have been estimated by using different Time Tradeoff and Visual Analogue Scale tariffs, in order to assess the robustness of the results. The methodology is based on the existing literature about treatment effects.

Our main contribution focuses on evaluating the loss of health up to one year after the non-fatal accident, for those who are non-institutionalized, which aids the appropriate estimation of the aggregated health losses in quality-of-life terms.