Table 7 Estimating the monetised health benefits
From: Investment case for small and sick newborn care in Tanzania: systematic analyses
Inputs | Value | Approach/Source |
|---|---|---|
Lives saved by 2030 | 80,000 | Estimated for Lives Saved Tool |
Life expectancy in Tanzania | 66 | From World Bank indicators [26] |
Years of life lost averted using Tanzania life expectancy | 5,280,000.00 | Lives Saved multiplied by life expectancy |
Gross domestic product (GDP) per capita | US$ 1099 | From World Bank Indicators |
Value of a statistical life (VSL) year ) in Tanzania | US$2527.7 | using GDP approach |
Monetised years of life lost averted future value | US$13,346,256,000.00 | GDP approach |
Constant value of statistical life year in Tanzania | US$ 2401 | Minimal difference with GD Papproach |
Future monetised lives saved | US$12,677,280,000.00 | VSL approach [29] |
Present value of monetised lives | US$1,897,154,151.13 | Used GDP approach as not major difference with VSL |
Age to enter labour force | 20 | From World Bank Indicators |
Productive life years when one enters labour force | 46 | From World Bank Indicators |
Productivity gains (future value) | US$9,301,936,000.00 | using GDP approach |
Productivity gains (present value) | US$1,250,070,111.94 | using GDP approach |