Approaching the economic costs assessment of occupational injuries and diseases: principles, concepts and structure

Roland Iosif Moraru () and Codruţa Dura ()
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Roland Iosif Moraru: University of Petrosani, Romania
Codruţa Dura: University of Petrosani, Romania

Annals of the University of Petrosani, Economics, 2014, vol. 14, issue 1, 231-242

Abstract: Occupational Health and Safety management is more and more strongly related to the costs of occupational injuries and illnesses, as a top priority in most companies. The present article presents a synthesis of authors’ attempts to identify the elements which should be taken into account in determining the cost of occupational injuries and diseases at the national level, with a focus on basic influence factors. Our aim is to help companies managers to emphasize the economic costs of not improving workplace safety and health – to employers, to workers and to society as a whole – and to inform decision-makers on further developments to be considered in the occupational risk management processes.

Keywords: Occupational Health and Safety (OHS); economic cost; injury; disease; loss prevention (search for similar items in EconPapers)
JEL-codes: D21 J01 J17 J24 J28 O12 (search for similar items in EconPapers)
Date: 2014
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