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Costs of Domestic Violence: A Life Satisfaction Approach

Santos, Cristina (2013). Costs of Domestic Violence: A Life Satisfaction Approach. Fiscal Studies, 34(3) pp. 391–409.

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DOI (Digital Object Identifier) Link: https://doi.org/10.1111/j.1475-5890.2013.12012.x
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Abstract

This paper discusses and estimates the costs of domestic violence using a life satisfaction approach. It draws on a British cross-sectional data set that includes individual self-reported life satisfaction, household income and experienced domestic violence. The paper estimates the costs of domestic violence as the compensating variation of domestic violence resulting from estimating a life satisfaction regression equation. Some attempts to deal with the problem of self-selection into abusive relationships and to account for the endogeneity of household income are discussed and implemented. The results suggest that domestic violence is costed very highly by its victims, with estimates ranging from £27,000 to over £70,000. Hence this paper contributes to the literature on valuing non-marketable goods and discusses the usefulness of a life satisfaction approach when estimating the costs of domestic violence. It claims that, despite its shortcomings, a life satisfaction approach allows for a valuation of domestic violence and answers questions often not answered by other valuation methods.

Item Type: Journal Item
Copyright Holders: 2013 The Author
ISSN: 1475-5890
Project Funding Details:
Funded Project NameProject IDFunding Body
Not SetPRAXIS XXI/BD/4920/2001Sub-Programa Ciência e Tecnologia do Segundo Quadro Comunitário de Apoio
Keywords: individual costs of domestic violence; compensating variation; life satisfaction approach; D1; I3; J12; O15
Academic Unit/School: Faculty of Arts and Social Sciences (FASS) > Social Sciences and Global Studies > Economics
Faculty of Arts and Social Sciences (FASS) > Social Sciences and Global Studies
Faculty of Arts and Social Sciences (FASS)
Related URLs:
Item ID: 57384
Depositing User: Cristina Santos
Date Deposited: 31 Oct 2018 08:59
Last Modified: 06 Aug 2019 19:28
URI: http://oro.open.ac.uk/id/eprint/57384
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