The value of statistical life: estimates for Brazil
DOI:
https://doi.org/10.1590/0101-41615022racKeywords:
Value of a statistical life, Compensating wage differentials, Labor accidents, Risky jobs, Panel dataAbstract
This article seeks to estimate the compensatory differentials received by Brazilian workers using a panel of individual data constructed from the Annual Social Information Register (RAIS) in the period 2012 to 2015. To this end, variables related to (fatal, injury and illness) for the subclasses of the National Classification of Economic Activities (CNAE) and estimate the function of hedonic wages for different worker samples, together with the calculation of the Statistical Value of a Life (VSL) for each case. The results show that for men in general, VSL varies between R$ 4.453 million and R$ 5.195 million, while for men blue-collar this variation ranges from R$ 2.895 million to R$ 4.009 million. On the other hand, for women in general, VSL ranges from R$ 2,354 million to R$ 3,424 million, and from R$ 3,399 million to R$ 3,936 million for blue-collar women, a behavior that is opposite to that observed for men. In addition, it can be seen that the average VSL calculated for Brazil is well below that obtained for most countries, including developing countries.
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Copyright (c) 2020 Rafael Mesquita Pereira, Alexandre Nunes de Almeida, Cristiano Aguiar de Oliveira
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