Abstract
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).
Original language | English |
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Pages (from-to) | 161-180 |
Number of pages | 20 |
Journal | Journal of Risk and Uncertainty |
Volume | 39 |
Issue number | 2 |
DOIs | |
Publication status | Published - 1 Oct 2009 |
Keywords
- Value of statistical life
- Compensating wage differentials
- Pollution