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Ivie
VALENCIAN INSTITUTE OF ECONOMIC RESEARCH
The Ivie coordinates a new BBVA Foundation working paper
The Ivie has coordinated working paper number 1 of 2011, published by the BBVA Foundation, "Quality of Life Lost Due to Non-Fatal Road Crashes". This study, along with other papers, is available on the BBVA Foundation website.


Working paper no. 1/2011: Quality of Life Lost Due to Non-Fatal Road Crashes

Documento de Trabajo 1/2011 The objective of this paper is to evaluate the effect of a nonfatal road crash on the health-related quality of life of injured people. A new approach is suggested, based on the cardinalization of categorical Self-Assessed Health valuations. Health losses have been estimated by using different Time Trade-off and Visual Analogue Scale tariffs, in order to assess the robustness of the results. The methodology is based on the existing literature about treatment effects. Our main contribution focuses on evaluating the loss of health up to one year after the non-fatal accident, for those who are non-institutionalized, which aids the appropriate estimation of the aggregated health losses in quality-of-life terms.

Carmen Herrero is a researcher at the Ivie and a professor at the University of Alicante. Patricia Cubí is currently a professor at the City University London.