According to the WHO coronavirus disease (COVID-19) situation report 35, as of 24th February 2020, there was a total of 77,262 confirmed COVID-19 cases in China That included 2595 deaths The specific objective of this study was to estimate the fiscal value of human lives lost due to COVID-19 in China as of 24th February 2020 The deaths from COVID-19 had a discounted (at 3%) total fiscal value of Int$ 924,346,795 in China Out of which, 63 2% was borne by people aged 25–49 years, 27 8% by people aged 50–64 years, and 9 0% by people aged 65 years and above The average fiscal value per death was Int$ 356,203 Re-estimation of the economic model alternately with 5% and 10 discount rates led to a reduction in the expected total fiscal value by 21 3% and 50 4%, respectively Furthermore, the re-estimation of the economic model using the world’s highest average life expectancy of 87 1 years (which is that of Japanese females), instead of the national life expectancy of 76 4 years, increased the total fiscal value by Int$ 229,456,430 (24 8%)
The fiscal value of human lives lost from Novel Coronavirus (2019-nCoV) in China