lostlifevalue 0.0.8

A package to find out the true extent of the damage caused by Covid-19 to the country.

Lostlifevalue

1 .Dataset

Population: https://www.worldometers.info/world-population/population-by-country/
VSL,GNI: https://law.vanderbilt.edu/phd/faculty/w-kip-viscusi/355_Income_Elasticities_and_Global_VSL.pdf
deaths: https://github.com/owid/covid-19-data/blob/master/public/data/jhu/total_deaths.csv

2. Package

This package is designed to calculate the value of lives lost due to Covid-19 and to determine how much damage the country has suffered in terms of GNI ratio.
To calculate the value of a life, we use an index called VSL. This index stands for value of statistical life, and represents the value of a human life. Using this VSL data and the number of deaths due to Covid-19, we can calculate the value of lives lost due to Covid-19.
The following indicators are used in this package.
deaths
VSL ($/million)
GNI ($/thousand)
Population(/100000)
eloss_total(VSL * deaths)
GNI_total(GNI * Population)
eDamage_per_GNI(eloss_total/GNI_total)

3. How to rum?

You can use this package easily.
First, use this command to download the package.
$ pip install lostlifevalue
Next, run this command.
$ lostlifevalue Items_to_be_sorted