Investigating the Economic Cost of Injury in the Workplace: A Case Study Approach
Geoffrey Kiel,
H. Ted Kolsen and
Carmel Smith
The Economic and Labour Relations Review, 2000, vol. 11, issue 1, 108-135
Abstract:
Historically, the costs of work-related injury have been reported in macro- economic terms. Macro-economic cost alone, however, does not accurately portray the totality of costs that are incurred as a result of a work-related injury. This paper reviews the literature in the area of workplace injury cost estimation and highlights the complexities involved in the area. Using a case study analysis of six workplace injuries, this paper reports on the overall cost of work-related injury, and identifies the key determinants of cost. The research indicates that the actual costs of workplace injury can vary significantly to the “typical†costs as used in some macro-economic studies.
Date: 2000
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Persistent link: https://EconPapers.repec.org/RePEc:sae:ecolab:v:11:y:2000:i:1:p:108-135
DOI: 10.1177/103530460001100105
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