The economics of health and safety at work: a critical review

The economic aspect of health and safety at work is increasingly gaining attention as a key factor influencing relevant policy, both in social and corporate level. Currently, this research is focused on the estimation of the large social costs of occupational accidents and diseases, as well as to th...

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Bibliographic Details
Main Author: Antonis Targoutzidis
Format: Article
Language:English
Published: International Engineering and Technology Institute 2018-06-01
Series:IETI Transactions on Ergonomics and Safety
Subjects:
Online Access:http://ieti.net/tes/2018V2I1/IETI%20TES%20V2%20I1%205-16.pdf
Description
Summary:The economic aspect of health and safety at work is increasingly gaining attention as a key factor influencing relevant policy, both in social and corporate level. Currently, this research is focused on the estimation of the large social costs of occupational accidents and diseases, as well as to the economic evaluation of interventions for health and safety at work, aiming to awareness raising of decision makers in government and enterprise level respectively. Several issues concerning the accuracy of these estimates, as well as their usefulness as a tool, rather than as a reference, in decision making are presented and discussed. Alternatively, the research on externalization of costs and inequalities is proposed as a direction of research that could offer more for decision making on Occupational Health and Safety policy.
ISSN:2520-5439
2520-5439