The Present Value of Human Life Losses Associated with Coronavirus Disease in Africa

Autor:	Lenity Honesty Kainyu Nkanata, Newton Gitonga Muthuri, Joses Muthuri Kirigia, Rose Nabi Deborah Karimi Muthuri
Rok vydání:	2020
Předmět:	Geography Present value Human life Pandemic Life expectancy medicine Disease Socioeconomics medicine.disease_cause Human capital Gross domestic product Coronavirus
Zdroj:	Open Journal of Business and Management. :2371-2395
ISSN:	2329-3292 2329-3284
DOI:	10.4236/ojbm.2020.86146
Popis:	The coronavirus disease (COVID-19) continues to ravage human lives, social systems, and economies around the world. The objective of this study was to estimate the total present value (TPVAFC) of human life losses associated with COVID-19 in Africa continent as of 1 August 2020. A human capital approach model was used to estimate the TPVAFC of the 19,682 human lives lost due to COVID-19 in Africa continent (excluding 44 deaths in Sahrawi Arab Democratic Republic and territories of Mayotte and Reunion). The average life expectancy for 54 countries with data and a 3% discount rate were used. A sensitivity analysis was conducted at 5% and 10% discount rates. The human lives lost due to COVID-19 had a TPVAFC of Int$1,721,030,766, and average TPVAFC of Int$87,442 per human life lost. About 81.3% of TPVAFC accrued to persons below 60 years. The TPVAFC of human life losses from COVID-19 will continue growing until the pandemic is eradicated.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::4b04340cd3c53141f8263f1a8a3a8db5 https://doi.org/10.4236/ojbm.2020.86146 Zobrazit plný text záznamu