OSHA's Role in Promoting Occupational Safety and Health
John D. Leeth
Foundations and Trends(R) in Microeconomics, 2012, vol. 7, issue 4, 267-353
Abstract:
When OSHA was established, proponents believed it would dramatically improve the safety and health of American workers. During the forty years of its existence, workplace fatalities and nonfatal injuries and illnesses have fallen but OSHA is not the major cause of this decline. Changes in the industrial mix of workers and improvements in safety technology have combined with expanded employer incentives unrelated to OSHA to decrease worker injuries and illnesses. The financial incentives for employers to expand expenditures on worker safety and health created by the labor market, states' workers' compensation insurance programs, and the legal system swamp the meager incentives created by OSHA.
Keywords: Occupational safety; Workers compensation; Market incentives; Risk compensation (search for similar items in EconPapers)
JEL-codes: J08 J28 J81 K31 M54 (search for similar items in EconPapers)
Date: 2012
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Citations: View citations in EconPapers (2)
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Persistent link: https://EconPapers.repec.org/RePEc:now:fntmic:0700000055
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