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Drivers and frictions of workplace accidents: an empirical investigation of cross-country European heterogeneity

Angelo Castaldo, Anna Rita Germani (), Alessia Marrocco and Marco Forti ()
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Marco Forti: Università Sapienza di Roma - Dipartimento di Studi Giuridici ed Economici

No 55, Public Finance Research Papers from Istituto di Economia e Finanza, DSGE, Sapienza University of Rome

Abstract: This paper presents an empirical investigation on the determinants of workplace accidents across Europe and focuses on the extent to which production-system characteristics (employment sectoral risk, size of firms, temporary contracts), business cycle and socio-economic factors (GDP, level of investments, unemployment, education) and other territorial controls (crime index) might account for cross-country heterogeneity. We use Eurostat data, and our panel is composed of 27 European countries over the period 2010-2018. Implementing, different functional forms/estimation methodologies (pooled OLS, panel fixed and random effects models, system-GMM and semiparametric fixed effects model), we find robust evidence that productive-system structural characteristics, business cycle controls and the other territorial variables are effective in explaining European cross-country heterogeneity. Moreover, we find evidence of a nonlinear relationship between GDP and occupational accidents. Finally, in a policy implication perspective, our results provide evidence that forms of direct financial support to SMEs investments in OSH (as implemented in Italy with the so-called ISI initiative, launched by the National Institute for Insurance against Accidents at Work from 2010 onwards) can represent a successful policy tool potentially applicable to other European countries.

Keywords: occupational accidents; European productive-system; business cycle; European countries; system-GMM; semiparametric fixed effects model. (search for similar items in EconPapers)
Pages: 25 pages
Date: 2022-07
New Economics Papers: this item is included in nep-eur
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Citations: View citations in EconPapers (1)

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Journal Article: Drivers and frictions of workplace accidents: an empirical investigation of cross-country European heterogeneity (2024) Downloads
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