Scandinavian Working Papers in Economics

Umeå Economic Studies,
Umeå University, Department of Economics

No 771: Workplace Safety: Estimating Workers' Marginal Willingness to Pay

Anna Norin ()
Additional contact information
Anna Norin: Department of Economics, Umeå University, Postal: S 901 87 Umeå, Sweden

Abstract: The aim of the present paper is to empirically estimate the monetary value workers place on safer working conditions. The marginal willingness to pay for workplace safety is estimated using data on job durations together with data on accident risks and wages. The results indicate that individuals value safety to 0.65-4.1 percent of annual wages. Male workers in service occupations are found to have the highest marginal willingness to pay. Female blue-collar workers are found to value workplace safety higher than male blue-collar workers.

Keywords: Search; Accelerated duration; Wage differentials; Sweden

JEL-codes: J17; J28; J31; J81

28 pages, May 11, 2009

Full text files 

DownloadAsset.action...Id=3&assetKey=ues771 PDF-file

Download statistics

Questions (including download problems) about the papers in this series should be directed to David Skog ()
Report other problems with accessing this service to Sune Karlsson ().

RePEc:hhs:umnees:0771This page generated on 2024-09-13 22:17:26.