• 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