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Estimated hedonic wage function and value of life in an African country

Author

Listed:
  • Abdelaziz Benkhalifa

    (ESSECT-Tunisie)

  • Paul Lanoie

    (HEC-Montreal)

  • Mohamed Ayadi

    (ISG-Tunisie)

Abstract

This paper reports the first study of compensating wage differentials for work-related fatalities in an African country. Using original data from the Tunisian Caisse nationale de la sécurité sociale, statistically significant compensating wage differentials are found. The implied value of statistical life is found between $553 320 and $682 080 (US $ 2000, or between $783 264 and $965 533, US $ 2013), smaller than the value estimated from developed countries. Policy makers interested to decrease occupational risk fatalities could use this outcome as a benchmark.

Suggested Citation

  • Abdelaziz Benkhalifa & Paul Lanoie & Mohamed Ayadi, 2013. "Estimated hedonic wage function and value of life in an African country," Economics Bulletin, AccessEcon, vol. 33(4), pages 3023-3031.
    • Handle: RePEc:ebl:ecbull:eb-13-00652
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    References listed on IDEAS

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    Cited by:

    1. Benkhalifa, Abdelaziz, 2010. "The value of mortality risk reductions in the Tunisian building and manufacturing industries," MPRA Paper 63617, University Library of Munich, Germany.
    2. Benkhalifa, Abdelaziz, 2014. "Rôle du syndicat dans la détermination de la valeur de la vie statistique en Tunisie [Trade union role in determining the value of a statistical life in Tunisia]," MPRA Paper 63736, University Library of Munich, Germany.

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    More about this item

    Keywords

    Compensating wage differentials; Value of life;

    JEL classification:

    • J3 - Labor and Demographic Economics - - Wages, Compensation, and Labor Costs
    • J1 - Labor and Demographic Economics - - Demographic Economics

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