The statistical value of injury in labor market of Pakistan

Abstract

Health and safety regulations are one of the important factors of labor market for the policy makers that needs attention. In developed nations extensive literature is available on compensating wage differentials and statistical value of injury but unfortunately in developing nations only few such studies exists. When it comes to Pakistan one or two studies have been carried out on small level. Therefore, our study contributes in literature by accessing injury risk with occupation and industry for Pakistan using Labor Force Survey 2013-14.We have targeted five blue collar main occupations and two industries (Construction and Manufacturing). These occupations and industries have the highest number of injuries compare to others. In this study we have found that the statistical value of injury which we get from both occupational and industrial injuries are very small or negligible. Hence it does not reflect the wage premium that should be paid to the workers for doing risky jobs