Title of article
Estimated hedonic wage function and value of life in a developing country
Author/Authors
Jin-Tan Liu، نويسنده , , James K. Hammitt، نويسنده , , Jin-Long Liu، نويسنده ,
Issue Information
روزنامه با شماره پیاپی سال 1997
Pages
6
From page
353
To page
358
Abstract
This paper reports the first study of compensating wage differentials for work-related fatalities in a developing country. Using data from the 1982–1986 Taiwan labor surveys, statistically significant compensating wage differentials are found. The implied value of life is US$413 000 (corrected for selectivity bias) and US$461 000 (uncorrected) in 1990 dollars.
Keywords
Compensating wage differentials , Value of life
Journal title
Economics Letters
Serial Year
1997
Journal title
Economics Letters
Record number
434466
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