The GiveWell’s moral weights are intriguing indeed. I used QALY as opposed to DALY intentionally, because I did not included the decreasing value of a life-year with increasing age (as is the case for DALY but not QALY).
Ah, I see! I cited the other study on the same topic. This one values life years in low- and middle-income countries. For Malawi (a least developed nation), the research estimates QALY as 1%–51% of GDP per capita. I took the upper boundary of 50%.
Woods, Beth, Paul Revill, Mark Sculpher, and Karl Claxton. “Country-Level Cost-Effectiveness Thresholds: Initial Estimates and the Need for Further Research.” Value in Health 19, no. 8 (December 2016): 929–35. https://doi.org/10.1016/j.jval.2016.02.017.
In Australia (based on the research I cited originally), I believe the QALY value was comparable to GDP per capita. Perhaps, based on the argument that the most poor people value other priorities more than personal health (e.g. protect animals by malaria nets as opposed to individuals), in poorer countries a QALY is valued less than annual income while in advanced economies QALY is valued about the same as GDP per capita.
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Yes, a more internationally focused U.S. administration, especially in the higher ranks, would benefit emerging economies.
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Yes, actually—thank you! This is a valid point. Rapidly developing India could lose its development status in, for example, 5 years anyway. In this case, after India’s industries develop to an internationally competitive level, other countries would be able to develop their economies through effectively preferential market access (relative to India) to the United States. I will look into the counterfactual more and let you know when it is revised!
Hello Michel,
The GiveWell’s moral weights are intriguing indeed. I used QALY as opposed to DALY intentionally, because I did not included the decreasing value of a life-year with increasing age (as is the case for DALY but not QALY).
Ah, I see! I cited the other study on the same topic. This one values life years in low- and middle-income countries. For Malawi (a least developed nation), the research estimates QALY as 1%–51% of GDP per capita. I took the upper boundary of 50%.
Woods, Beth, Paul Revill, Mark Sculpher, and Karl Claxton. “Country-Level Cost-Effectiveness Thresholds: Initial Estimates and the Need for Further Research.” Value in Health 19, no. 8 (December 2016): 929–35. https://doi.org/10.1016/j.jval.2016.02.017.
In Australia (based on the research I cited originally), I believe the QALY value was comparable to GDP per capita. Perhaps, based on the argument that the most poor people value other priorities more than personal health (e.g. protect animals by malaria nets as opposed to individuals), in poorer countries a QALY is valued less than annual income while in advanced economies QALY is valued about the same as GDP per capita.
-
Yes, a more internationally focused U.S. administration, especially in the higher ranks, would benefit emerging economies.
_
Yes, actually—thank you! This is a valid point. Rapidly developing India could lose its development status in, for example, 5 years anyway. In this case, after India’s industries develop to an internationally competitive level, other countries would be able to develop their economies through effectively preferential market access (relative to India) to the United States. I will look into the counterfactual more and let you know when it is revised!