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Approaching the economic costs assessment of occupational injuries and diseases: principles, concepts and structure

Author

Listed:
  • Roland Iosif Moraru

    (University of Petrosani, Romania)

  • Codruţa Dura

    (University of Petrosani, Romania)

Abstract

Occupational Health and Safety management is more and more strongly related to the costs of occupational injuries and illnesses, as a top priority in most companies. The present article presents a synthesis of authors’ attempts to identify the elements which should be taken into account in determining the cost of occupational injuries and diseases at the national level, with a focus on basic influence factors. Our aim is to help companies managers to emphasize the economic costs of not improving workplace safety and health – to employers, to workers and to society as a whole – and to inform decision-makers on further developments to be considered in the occupational risk management processes.

Suggested Citation

  • Roland Iosif Moraru & Codruţa Dura, 2014. "Approaching the economic costs assessment of occupational injuries and diseases: principles, concepts and structure," Annals of the University of Petrosani, Economics, University of Petrosani, Romania, vol. 14(1), pages 231-242.
    • Handle: RePEc:pet:annals:v:14:y:2014:i:1:p:
    as

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    File URL: http://upet.ro/annals/economics/pdf/2014/part1/Moraru-Dura.pdf
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    References listed on IDEAS

    as
    1. Roland Iosif Moraru, 2012. "Current Trends and Future Developments in Occupational Health and Safety Risk Management," Chapters, in: Jan Emblemsvag (ed.), Risk Management for the Future - Theory and Cases, IntechOpen.
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    More about this item

    Keywords

    Occupational Health and Safety (OHS); economic cost; injury; disease; loss prevention;
    All these keywords.

    JEL classification:

    • D21 - Microeconomics - - Production and Organizations - - - Firm Behavior: Theory
    • J01 - Labor and Demographic Economics - - General - - - Labor Economics: General
    • J17 - Labor and Demographic Economics - - Demographic Economics - - - Value of Life; Foregone Income
    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity
    • J28 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Safety; Job Satisfaction; Related Public Policy
    • O12 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Microeconomic Analyses of Economic Development

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