Department of Public Health Sciences

Compensating Wages, Value of a Statistical Life, and Interindustry Differentials

Leigh, JP

J.Environ.Econ.Manage.. 1995. 28(1):83-97.

Bureau of Labor Statistics (BLS) and National Institute for Occupational Safety and Health (NIOSH) death rates were combined with three national probability samples to investigate compensating wages for hazardous work. Compensating wages were expected in blue-collar male-only samples, but not in male and female clerk samples. The inter-industry differentials hypothesis was investigated by alternately including and excluding dummy variables for broad industry divisions. The inter-industry differentials hypothesis was supported. The BLS and NIOSH death rates cannot be relied on to produce credible estimates of the value of a statistical life. (C) 1995 Academic Press, Inc.

Keywords: Indirect Costs; Panel Data, Acquired Immunodeficiency Syndrome; United-states; Medical-care; Panel Data; Health; Unemployment; Sample; Impact; Models; Demand, Labor-market; Occupational Injuries; United-states; Risk; Safety; Fatalities; Earnings; Premiums; Death

Close Window

UC Davis Health System is pleased to provide this information for general reference purposes only. It should not be considered as a substitute for professional medical advice. You are urged to consult with your health care provider for diagnosis of and treatment for any health-related condition. The information provided herein may not and should not be used for diagnosis and treatment.

Reproduction of material on this web site is hereby granted solely for personal use. No other use of this material is authorized without prior written approval of UC Regents.