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).
| Original language | English |
|---|---|
| Pages (from-to) | 161-180 |
| Number of pages | 20 |
| Journal | The Journal of Risk and Uncertainty |
| Volume | 39 |
| Issue number | 2 |
| DOIs | |
| Publication status | Published - 2009 |