Dirty Money: Is there a Wage Premium for Working in a Pollution Intensive Industry?
Lindley, JK, Cole, MA and Elliott, RJR (2009) Dirty Money: Is there a Wage Premium for Working in a Pollution Intensive Industry? The Journal of Risk and Uncertainty, 39 (2). 161 - 180. ISSN 0895-5646
Available under License : See the attached licence file.
Official URL: http://dx.doi.org/10.1007/s11166-009-9077-x
Within a compensating wage differential framework we investigate whether there is a wage premium for working in a pollution intensive industry. Our results for the economy as a whole suggest a small wage premium of approximately one quarter of one percent associated with the risk of working in a dirty job. This premium rises to over fifteen percent for those individuals who work in one of the five dirtiest industries. We also find evidence of a fatal risk wage premium, providing estimates of the value of a statistical life of between £12 million and £19 million (2000 prices).
|Additional Information:||The original publication is available at http://www.springerlink.com|
|Divisions:||Faculty of Business, Economics and Law > Economics|
|Deposited By:||Symplectic Elements|
|Deposited On:||21 Jun 2012 11:11|
|Last Modified:||16 Feb 2013 16:19|
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