Dirty money: Is there a wage premium for working in a pollution intensive industry?
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Colleges, School and Institutes
Within a compensating wage differential framework we investigate whether there is a wage premium for working in a pollution intensive industry. Our results for the economy as a whole suggest a small wage premium of approximately one quarter of one percent associated with the risk of working in a dirty job. This premium rises to over fifteen percent for those individuals who work in one of the five dirtiest industries. We also find evidence of a fatal risk wage premium, providing estimates of the value of a statistical life of between A 12 pound million and A 19 pound million (2000 prices).
|Number of pages||20|
|Journal||Journal of Risk and Uncertainty|
|Publication status||Published - 1 Oct 2009|
- Value of statistical life, Compensating wage differentials, Pollution