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The impact of the economic cycle on fatal injuries. The case of UK 1971–2007

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  • Anna-Maria Mouza

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  • Antonis Targoutzidis
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    Abstract

    The aim of this paper is to investigate the effect of the economic cycle on workplace accidents. In particular, the effect of the usual factors of the economic cycle (GDP per capita, Unemployment) is examined along with the effect of working hours (to account for flexible employment) on fatal injuries (to exclude the effect of under-reporting data) for the period 1971–2007 in UK. Detailed multiple regression analysis is applied, which indicates a controversial and inelastic relation of GDP per capita (negative) and unemployment rate (positive), but also an elastic relation of working hours (positive) to fatal injuries. Further research in data of various countries is proposed before arriving to certain conclusions. Copyright Springer Science+Business Media B.V. 2012

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    File URL: http://hdl.handle.net/10.1007/s11135-012-9700-9
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    Bibliographic Info

    Article provided by Springer in its journal Quality & Quantity.

    Volume (Year): 46 (2012)
    Issue (Month): 6 (October)
    Pages: 1917-1929

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    Handle: RePEc:spr:qualqt:v:46:y:2012:i:6:p:1917-1929

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    Web page: http://www.springer.com/economics/journal/11135

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    Related research

    Keywords: Fatal injuries; Unemployment; GDP per capita; Autocorrelation; Heteroscedasticity; Multicollinearity; Elasticity;

    References

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    1. Maria Guadalupe, 2002. "The hidden costs of fixed term contracts: the impact on work accidents," LSE Research Online Documents on Economics 20064, London School of Economics and Political Science, LSE Library.
    2. Alexis Lazaridis, 2007. "A Note Regarding the Condition Number: The Case of Spurious and Latent Multicollinearity," Quality & Quantity: International Journal of Methodology, Springer, vol. 41(1), pages 123-135, 02.
    3. Basu, Dipak R & Lazaridis, Alexis, 1983. "Stochastic Optimal Control by Pseudo-Inverse," The Review of Economics and Statistics, MIT Press, vol. 65(2), pages 347-50, May.
    4. Andrew C. Harvey, 1990. "The Econometric Analysis of Time Series, 2nd Edition," MIT Press Books, The MIT Press, edition 2, volume 1, number 026208189x, January.
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