Table 2.
The estimated results on both estimates of value of statistical life (VSL) by periods and continents.
| Period | Continents | Hedonic wage method (Billion, US$) | Contingent valuation method (Billion, US$) |
|---|---|---|---|
| I |
Africa | 0.1 | 0.5 |
| Asia | 1.8 | 16.0 | |
| Europe | 39.5 | 343.6 | |
| North America | 24.5 | 212.7 | |
| Oceania | 0.0 | 0.3 | |
| South America | 0.6 | 5.6 | |
| overall |
66.6 |
578.8 |
|
| II |
Africa | 1.0 | 8.5 |
| Asia | 8.5 | 74.0 | |
| Europe | 56.6 | 491.4 | |
| North America | 75.0 | 651.7 | |
| Oceania | 0.2 | 2.0 | |
| South America | 15.8 | 137.1 | |
| overall |
157.1 |
1365.2 |
|
| III |
Africa | 2.3 | 19.9 |
| Asia | 20.5 | 178.3 | |
| Europe | 140.1 | 1217.3 | |
| North America | 149.2 | 1296.0 | |
| Oceania | 0.3 | 2.8 | |
| South America | 29.8 | 258.7 | |
| overall |
342.4 |
2974.8 |
|
| IV | Africa | 4.1 | 35.4 |
| Asia | 35.1 | 305.1 | |
| Europe | 252.4 | 2193.2 | |
| North America | 244.2 | 2121.8 | |
| Oceania | 0.3 | 2.8 | |
| South America | 54.5 | 473.1 | |
| overall | 591.0 | 5135.0 |