| 来源类型 | Working Paper |
| 规范类型 | 报告 |
| DOI | 10.3386/w11659 |
| 来源ID | Working Paper 11659 |
| How Unobservable Productivity Biases the Value of a Statistical Life | |
| Thomas J. Kniesner; W. Kip Viscusi; Christopher Woock; James P. Ziliak | |
| 发表日期 | 2005-10-03 |
| 出版年 | 2005 |
| 语种 | 英语 |
| 摘要 | A prominent theoretical controversy in the compensating differentials literature concerns unobservable individual productivity. Competing models yield opposite predictions depending on whether the unobservable productivity is safety-related skill or productivity generally. Using five panel waves and several new measures of worker fatality risks, first-difference estimates imply that omitting individual heterogeneity leads to overestimates of the value of statistical life, consistent with the latent safety-related skill interpretation. Risk measures with less measurement error raise the value of statistical life, the net effect being that estimates from the static model range from $5.3 million to $6.7 million, with dynamic model estimates somewhat higher. |
| 主题 | Health, Education, and Welfare ; Health ; Labor Economics ; Demography and Aging ; Labor Supply and Demand ; Other ; Law and Economics |
| URL | https://www.nber.org/papers/w11659 |
| 来源智库 | National Bureau of Economic Research (United States) |
| 引用统计 | |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/569305 |
| 推荐引用方式 GB/T 7714 | Thomas J. Kniesner,W. Kip Viscusi,Christopher Woock,et al. How Unobservable Productivity Biases the Value of a Statistical Life. 2005. |
| 条目包含的文件 | ||||||
| 文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
| w11659.pdf（328KB） | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 | ||
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