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The Statistical Value of Injury Risk in Pakistan’s Construction and Manufacturing Sectors

Ahmad Mujtaba Khan () and Asma Hyder ()
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Ahmad Mujtaba Khan: Research Officer, Value Resources Private Limited, Islamabad, Pakistan.
Asma Hyder: Associate Professor, Institute of Business Administration, Karachi, Pakistan.

Authors registered in the RePEc Author Service: Asma Hyder Baloch ()

Lahore Journal of Economics, 2017, vol. 22, issue 1, 1-18

Abstract: Although health and safety regulations are a key aspect of labor market policymaking, very few studies have examined compensating wage differentials and the statistical value of injury in Pakistan’s context. This study looks at injury risk against occupation and industry, using data from the Labor Force Survey for 2013/14. We target five blue-collar occupations in two industries (construction and manufacturing), which tend to account for the highest number of injuries. However, we find that the statistical value of injury in these occupations is too small to reflect the wage premium that workers should be paid for risky jobs.

Keywords: value of injury; industry; labor market conditions; public policy; Pakistan (search for similar items in EconPapers)
JEL-codes: O14 (search for similar items in EconPapers)
Date: 2017
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Handle: RePEc:lje:journl:v:22:y:2017:i:1:p:1-18