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. 2021 Aug 24;14(1):67–80. doi: 10.1007/s12571-021-01203-6

Table 2.

Alternative value of a statistical life (VSL) estimates in Malawi

US VSL Extrapolation VSLY (Age/Life Expectancy Adjusted) US Ratio OECD Ratio
Income elasticity 1.5 1.5 1 1
VSL (Malawi, 2016 International Dollars) $28,751 $53,844 $195,200 $122,000
VSL (Malawi, 2016 USD Dollars) $7,389 $13,838 $50,166 $31,354