Human capital approach (HCA): Difference between revisions
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'''Note:''' The estimate is based on the economic value to society of the length of healthy life of a person the same age, and the economic value is measured by estimating the income that the person would have been able to earn. | '''Note:''' The estimate is based on the economic value to society of the length of healthy life of a person the same age, and the economic value is measured by estimating the income that the person would have been able to earn. | ||
== Reference == | |||
http://htaglossary.net/human-capital-approach-(HCA) | |||
Latest revision as of 17:16, 21 November 2023
A method for estimating the costs related to loss of production due to illness.
Note: The estimate is based on the economic value to society of the length of healthy life of a person the same age, and the economic value is measured by estimating the income that the person would have been able to earn.