Download Free An Economic Analysis Of Severe Industrial Hazards Book in PDF and EPUB Free Download. You can read online An Economic Analysis Of Severe Industrial Hazards and write the review.

and Acknowledgments Apparently almost every other month severe industrial hazards invade our living rooms, be it in terms of an ex post report or in terms of an alarming scenario, be it in a remote corner of the world or just in front of our doorstep. Although the invasion of our living rooms is mostly only via printed or electronic media (as opposed to personally experienced tragedies), people in the western hemissphere seem to be concerned, and so are politics and science. Given that welfare-economics has played (or is about to play) a helpful role in terms of analyzing and rationalizing "political" issues (such as the environment, education, or the law) that had been deemed too soft, too psychological, too value-laden, or too political, a book about the economics of catastrophic industrial hazards and their prevention will hardly come as a surprise. However, what are the precise obj ecti ves of this book? For a start, the author intends to argue the welfare-economic relevance of severe industrial hazards, both from a theoretical as well as from a very down-to-earth perspecti ve. Secondly, it shall be demonstrated that and how the problem can be theoretically dealt with, without really departing from standard micro-economics, in particular the "Pareto principle" and, when it comes to very small "collective" physical risks, the well established "von Neumann-Morgenstern" framework.
As the debate over health care reform continues, costs have become a critical measure in the many plans and proposals to come before us. Knowing costs is important because it allows comparisons across such disparate health conditions as AIDS, Alzheimer's disease, heart disease, and cancer. This book presents the results of a major study estimating the large and largely overlooked costs of occupational injury and illness--costs as large as those for cancer and over four times the costs of AIDS. The incidence and mortality of occupational injury and illness were assessed by reviewing data from national surveys and applied an attributable-risk-proportion method. Costs were assessed using the human capital method that decomposes costs into direct categories such as medical costs and insurance administration expenses, as well as indirect categories such as lost earnings and lost fringe benefits. The total is estimated to be $155 billion and is likely to be low as it does not include costs associated with pain and suffering or of home care provided by family members. Invaluable as an aid in the analysis of policy issues, Costs of Occupational Injuryand Illness will serve as a resource and reference for economists, policy analysts, public health researchers, insurance administrators, labor unions and labor lawyers, benefits managers, and environmental scientists, among others. J. Paul Leigh is Professor in the School of Medicine, Department of Epidemiology and Preventive Medicine, University of California, Davis. Stephen Markowitz, M.D., is Professor in the Department of Community Health and Social Medicine, City University of New York Medical School. Marianne Fahs is Director of the Health Policy Research Center, Milano Graduate School of Management and Urban Policy, New School University. Philip Landrigan, M.D., is Wise Professor and Chair of the Department of Community Medicine, Mount Sinai Medical Center, New York.
This study develops a methodology for rapidly obtaining approximate estimates of the economic consequences from numerous natural, man-made and technological threats. This software tool is intended for use by various decision makers and analysts to obtain estimates rapidly. It is programmed in Excel and Visual Basic for Applications (VBA) to facilitate its use. This tool is called E-CAT (Economic Consequence Analysis Tool) and accounts for the cumulative direct and indirect impacts (including resilience and behavioral factors that significantly affect base estimates) on the U.S. economy. E-CAT is intended to be a major step toward advancing the current state of economic consequence analysis (ECA) and also contributing to and developing interest in further research into complex but rapid turnaround approaches. The essence of the methodology involves running numerous simulations in a computable general equilibrium (CGE) model for each threat, yielding synthetic data for the estimation of a single regression equation based on the identification of key explanatory variables (threat characteristics and background conditions). This transforms the results of a complex model, which is beyond the reach of most users, into a "reduced form" model that is readily comprehensible. Functionality has been built into E-CAT so that its users can switch various consequence categories on and off in order to create customized profiles of economic consequences of numerous risk events. E-CAT incorporates uncertainty on both the input and output side in the course of the analysis.
This doctoral thesis examines three aspects of industrial safety in the British labour market - the impact of industrial accidents on manufacturing industry wages during the 1970s; the basis for and impact of changes in English common law and employers' liability rules on the accident rates in the 19th century regional coalmining sector; and the enforcement and impact of industrial safety legislation under the Factory Acts on British manufacturing sector accident rates during the 20th century. Each topic consists of a theoretical section which develops formal economic models of the interaction between accident, safety, and labour market variables (wages, turnover), and an econometric analysis designed to test the theory and determine the impact of industrial accidents or industrial safety law on the sections of the British labour market. The thesis was completed in 1981 when it represented the first systematic economic and empirical analysis, including estimates of the value of life, drawn from labour market theory and the development of a novel negotiated model of regulation.
This work combines research and empirical evidence on the economic costs of disasters with theoretical approaches. It provides new insights on how to assess and manage the costs and impacts of disaster prevention, mitigation, recovery and adaption, and much more.
This research determines the applicability of using costs associated with chemical exposures in the workplace for financial justification of pollution prevention projects. Specifically, this thesis looks at costs incurred due to noncarcinogenic effects caused by chemical exposures. Average costs are determined through researching applicable statistical cost data. Acute effects are analyzed using an analysis of available statistical accident data from multiple sources. Expected values are then calculated based upon the projected cost of an accident and the probability of having an accident. Chronic effects are analyzed using an empirical analysis. A risk assessment is used to determine the likelihood of developing a chronic response to workplace exposures measured in terms of a hazard quotient. A probability of developing a response and the cost is then multiplied by the hazard quotient to predict the cost associated with chronic effects due to workplace exposures. This research shows that for the purposes of financially justifying pollution prevention projects, costs due to acute effects of chemical exposure are insignificant. Further, the cost due to chronic effects cannot be used at this time for pollution prevention justification because necessary workplace exposure data does not exist.