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来源类型Working Paper
规范类型报告
DOI10.3386/w26401
来源IDWorking Paper 26401
Demand Conditions and Worker Safety: Evidence from Price Shocks in Mining
Kerwin Kofi Charles; Matthew S. Johnson; Melvin Stephens Jr.; Do Q. Lee
发表日期2019-10-28
出版年2019
语种英语
摘要We investigate how demand conditions affect employers' provision of safety - something about which theory is ambivalent. Positive demand shocks relax financial constraints that limit safety investment, but simultaneously raise the opportunity cost of increasing safety rather than production. We study the U.S. metals mining sector, leveraging exogenous demand shocks from short-term variation in global commodity prices. We find that positive price shocks substantially increase workplace injury rates and safety regulation non-compliance. While these results indicate the general dominance of the opportunity cost effect, shocks that only increase mines' cash-flow lower injury rates, illustrating that financial constraints also affect safety.
主题Labor Economics ; Labor Supply and Demand
URLhttps://www.nber.org/papers/w26401
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/584075
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Kerwin Kofi Charles,Matthew S. Johnson,Melvin Stephens Jr.,et al. Demand Conditions and Worker Safety: Evidence from Price Shocks in Mining. 2019.
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