Schweizerische Gesellschaft für Volkswirtschaft und Statistik
Société suisse d'économie et de statistique
Società svizzera di economia e di statistica
Swiss Society of Economics and Statistics

Published Papers 2009


Paper 2009-II-2

"The Marginal Cost of Saving a Life in Health Care: Age, Gender and Regional Differences in Switzerland"

Stefan Felder, Andreas Werblow

Abstract:
We estimate the marginal cost of life using age- and gender-specific health care expenditures and mortality rates of the 26 Swiss cantons for the period 1997 to 2006. We show triple the marginal cost of saving a life for women as compared to men, reflecting a lower marginal elasticity of medical inputs, a lower mortality rate and higher spending on health care for women. Medical technology does not differ across cantons while the marginal cost of saving a life does. Wealthy cantons spend more on saving a life at the margin and show a smaller gender gap in longevity.

Pages: 137-153

JEL classification: H11, I12, I18, J16

Keywords: Marginal cost of saving a life, value of a statistical life, gender, health production, regional diversity

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Contact: Peter Steiner

Swiss Journal of Economics and Statistics

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