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The Statistical Value of Injury Risk in Pakistan’s Construction and Manufacturing Sectors

Author

Listed:
  • Ahmad Mujtaba Khan

    (Research Officer, Value Resources Private Limited, Islamabad, Pakistan)

  • Asma Hyder

    (Associate Professor, Institute of Business Administration, Karachi, Pakistan)

Abstract

No abstract is available for this item.

Suggested Citation

  • Ahmad Mujtaba Khan & Asma Hyder, 2017. "The Statistical Value of Injury Risk in Pakistan’s Construction and Manufacturing Sectors," Lahore Journal of Economics, Department of Economics, The Lahore School of Economics, vol. 22(1), pages 1-18, Jan-June.
    • Handle: RePEc:lje:journl:v:22:y:2017:i:1:p:1-18
    as

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    File URL: http://lahoreschoolofeconomics.edu.pk/EconomicsJournal/Journals/Volume%2022/Issue%201/01.pdf
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    References listed on IDEAS

    as
    1. Hersch, Joni, 1998. "Compensating Differentials for Gender-Specific Job Injury Risks," American Economic Review, American Economic Association, vol. 88(3), pages 598-627, June.
    2. Muhammad Rafiq & Mir Kalan Shah, 2010. "The Value of Reduced Risk of Injury and Deaths in Pakistan—Using Actual and Perceived Risk Estimates," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 49(4), pages 823-837.
    3. Glenn C. Blomquist, 2004. "Self-Protection and Averting Behavior, Values of Statistical Lives, and Benefit Cost Analysis of Environmental Policy," Review of Economics of the Household, Springer, vol. 2(1), pages 89-110, March.
    4. James K. Hammitt & María Eugenia Ibarrarán, 2006. "The economic value of fatal and non‐fatal occupational risks in Mexico City using actuarial‐ and perceived‐risk estimates," Health Economics, John Wiley & Sons, Ltd., vol. 15(12), pages 1329-1335, December.
    5. K. Shanmugam, 2000. "Valuations of Life and Injury Risks," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 16(4), pages 379-389, August.
    6. Marcela Parada-Contzen & Andrés Riquelme-Won & Felipe Vasquez-Lavin, 2013. "The value of a statistical life in Chile," Empirical Economics, Springer, vol. 45(3), pages 1073-1087, December.
    7. Richard Thaler & Sherwin Rosen, 1976. "The Value of Saving a Life: Evidence from the Labor Market," NBER Chapters, in: Household Production and Consumption, pages 265-302, National Bureau of Economic Research, Inc.
    8. Viscusi, W Kip & Aldy, Joseph E, 2003. "The Value of a Statistical Life: A Critical Review of Market Estimates throughout the World," Journal of Risk and Uncertainty, Springer, vol. 27(1), pages 5-76, August.
    9. Vincenzo Carrieri & Edoardo Di Porto & Leandro Elia, 2009. "Do You Think Your Risk Is Fair Paid? Evidence From Italian Labor Market," LABORatorio R. Revelli Working Papers Series 89, LABORatorio R. Revelli, Centre for Employment Studies.
    10. Krueger, Alan B & Summers, Lawrence H, 1988. "Efficiency Wages and the Inter-industry Wage Structure," Econometrica, Econometric Society, vol. 56(2), pages 259-293, March.
    11. Atkinson, Scott E & Halvorsen, Robert, 1990. "The Valuation of Risks to Life: Evidence from the Market for Automobiles," The Review of Economics and Statistics, MIT Press, vol. 72(1), pages 133-136, February.
    12. Marin, Alan & Psacharopoulos, George, 1982. "The Reward for Risk in the Labor Market: Evidence from the United Kingdom and a Reconciliation with Other Studies," Journal of Political Economy, University of Chicago Press, vol. 90(4), pages 827-853, August.
    13. Polat, Sezgin, 2013. "Wage Compensation for Risk: The Case of Turkey," GIAM Working Papers 13-11, Galatasaray University Economic Research Center.
    14. Kluve, Jochen & Schaffner, Sandra, 2007. "Gender Wage Differentials and the Occupational Injury Risk - Evidence from Germany and the US," Ruhr Economic Papers 28, RWI - Leibniz-Institut für Wirtschaftsforschung, Ruhr-University Bochum, TU Dortmund University, University of Duisburg-Essen.
    15. Asma Hyder & Jere R. Behrman, 2011. "Schooling is Associated not only with Longrun Wages, but also with Wage Risks and Disability Risks: The Pakistani Experience," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 50(4), pages 555-573.
    16. Jin-Tan Liu & James K Hammitt, 1999. "Perceived risk and value of workplace safety in a developing country," Journal of Risk Research, Taylor & Francis Journals, vol. 2(3), pages 263-275, July.
    17. Halvorsen, Robert & Palmquist, Raymond, 1980. "The Interpretation of Dummy Variables in Semilogarithmic Equations," American Economic Review, American Economic Association, vol. 70(3), pages 474-475, June.
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    More about this item

    Keywords

    value of injury; industry; labor market conditions; public policy; Pakistan;
    All these keywords.

    JEL classification:

    • O14 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Industrialization; Manufacturing and Service Industries; Choice of Technology

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