Dirty Money: Is there a Wage Premium for Working in a Pollution Intensive Industry?
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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
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Official URL: http://dx.doi.org/10.1007/s11166-009-9077-x
Abstract
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).
| Item Type: | Article |
|---|---|
| Additional Information: | The original publication is available at http://www.springerlink.com |
| Divisions: | Faculty of Business, Economics and Law > Economics |
| ID Code: | 430871 |
| Deposited By: | Symplectic Elements |
| Deposited On: | 21 Jun 2012 11:11 |
| Last Modified: | 16 Feb 2013 16:19 |
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