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Table 7 Indifference values, VSLYs, and GDP multiple across conditions

From: Value of statistical life year in extreme poverty: a randomized experiment of measurement methods in rural Burkina Faso

 

WTP_small

WTP_large

WTA_small

WTA_large

Price: Mean

262

1152

383

2004

Price: Median

125

249

249

1246

Price: 95% CI

93−157

63−435

212−287

1035−1457

VSLY: mean

13,091

57,602

19,150

100,223

VSLY: median

6,229

12,457

12,457

62,285

VSLY: 95% CI

4631−7826

3164−21,750

10,584−14,330

51,737−72,833

GDP multiple (ratio of VSLY median to per capita income), tested against WHO recom-mendationa

3.5 (p val = 0.056)

6.5 (p val < 0.001)

6.5 (p val < 0.001)

33.5 (p val < 0.001)

Observations

658

648

574

646

  1. WTP_small indicates WTP elicitation using a small-range price list, etc. Entries in PPP adjusted 2017 international $. Price stands for the amount respondents are willing to pay or receive on an annual basis. The 95% Confidence Interval is constructed around the median, using the standard built-in procedure (the centile command) in Stata. The GDP per capita annual income in PPP dollar in Burkina Faso is $1,862 in 2017
  2. aThe median VSLY is tested against the WHO-recommended three times per capita income, non-parametric two-sided sign tests