Estimating the Value of Statistical Life in a Road Safety Context Based on the Contingent Valuation Method

Table 1

Summary of literature in descending chronological order (source: authors).

No.	Authors	VSL	CV	CE	R	MA	Country of study	VSL estimates (currency)	Ref.
Category I: direct VSL estimation
1	Sánchez et al. (2021)	√	√	—	—	—	Spain	1.3M-1.7M (EUR)	[13]
2	Mon et al. (2019)	√	√	—	—	—	Myanmar	87K-163K (USD)	[14]
3	Flügel et al. (2019)	—	√	—	—	—	Norway	46M-58M (NOK)	[15]
4	Mon et al. (2018)	√	√	—	—	—	Myanmar	98K-136K (USD)	[16]
5	Mon et al. (2018)	√	√	—	—	—	Myanmar	122K-136K (USD)	[17]
6	Niroomand and Jenkins (2017)	√	—	√	—	—	Cyprus	699K (SIC)	[18]
7	Yang et al. (2016)	√	√	—	—	—	China	505K-587K (USD)	[19]
8	Niroomand and Jenkins (2016)	√	—	√	—	—	Cyprus	315K-1.1M (SIC)	[20]
9	Mofadal et al. (2015)	√	√	—	—	—	Sudan	19K-101K (USD)	[21]
10	Le et al. (2015)	√	—	√	—	—	Singapore	1.9M (SGD)	[22]
11	Liu and Zhao (2011)	√	√	—	—	—	China	1.11M-1.56M (CNY)	[23]
12	Rheinberger (2011)	√	—	√	—	—	Switzerland	6.0-7.8M (CHF)	[24]
Category II: comparative approaches
13	Balmford et al. (2019)	—	—	—	—	—	United Kingdom	—	[25]
14	Olofsson et al. (2019)	—	√	—	—	—	Sweden	—	[26]
15	Haddak (2016)	√	√	—	—	—	France	—	[27]
16	Alberini and Ščasný (2013)	√	—	√	—	—	Italy	—	[28]
17	Andersson (2013)	√	√	—	—	—	Sweden	—	[29]
18	Alberini and Ščasný (2013)	√	—	√	—	—	Italy and Czech Rep.	—	[30]
19	Carlsson et al. (2010)	—	—	√	—	—	Sweden	—	[31]
20	Svensson and Vredin Johansson (2010)	√	—	—	—	—		—	[32]
Category III: meta-analysis
21	Dekker et al. (2011)	—	—	—	—	√	Global	26 international CV	[33]
22	Lindhjem et al. (2011)	√	—	—	—	√	Global	2.4-7.4M (USD)	[34]
Category IV: review
23	Bahamonde-Birke et al. (2015)	—	—	—	√	—	Global	—	[8]
24	Hultkrantz and Svensson (2015)	√	—	—	√	—	Sweden	—	[35]

Note: VSL: value of statistical life; CV: contingent valuation; CE: choice experiment; R: review; MA: meta-analysis; EUR: euro; USD: United States dollars; NOK: Norwegian krone; SIC: Swiss coin; SGD: Singapore dollar; CYN: Chinese yuan; CHF: Swiss franc.