Should We Invest in Suicide Prevention Programs?

Posted: 29 May 2007 Last revised: 15 Jan 2008

Nazmi Sari

University of Saskatchewan - Department of Economics

Sahily de Castro

Florida International University (FIU)

Frederick Newman

Florida International University (FIU)

Gerry Mills

Mercer University

Abstract

Suicide is the third leading cause of death among college aged youths in Florida. However, there is no prevention program targeting this population group. This paper examines the potential impact of making two prevention programs, general suicide education and peer support programs, available for college students. The results show that both programs increase social welfare by creating social benefits which exceed the costs of the programs. These results hold true even with conservative estimates for effect rates and benefits of the programs.

Keywords: Suicide, Suicide Prevention, Cost-benefit Analysis, Human Capital Approach

JEL Classification: I18, H43

Suggested Citation

Sari, Nazmi and de Castro, Sahily and Newman, Frederick and Mills, Gerry, Should We Invest in Suicide Prevention Programs?. Journal of Socio-Economics, Vol. 37, No. 1, pp. 262-275, 2008. Available at SSRN: https://ssrn.com/abstract=989179

Nazmi Sari (Contact Author)

University of Saskatchewan - Department of Economics ( email )

College of Education
Saskatoon, Saskatchewan S7N 5A7
Canada

HOME PAGE: http://homepage.usask.ca/~sari/

Sahily De Castro

Florida International University (FIU) ( email )

University Park
11200 SW 8th Street
Miami, FL 33199
United States

Frederick Newman

Florida International University (FIU) ( email )

University Park
11200 SW 8th Street
Miami, FL 33199
United States

Gerry Mills

Mercer University ( email )

1400 Coleman Avenue
Atlanta, GA 30341-4155
United States

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