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Document ID (ISN)75465
CIS number 00-1359
ISSN - Serial title 0001-4575 - Accident Analysis and Prevention
Year 2000
Convention or series no.
Author(s) Sheu J.J., Hwang J.S., Wang J.D.
Title Diagnosis and monetary quantification of occupational injuries by indices related to human capital loss: Analysis of a steel company as an illustration
Bibliographic information May 2000, Vol.32, No.3, p.435-443. Illus. 12 ref.
Abstract New indices of human capital loss from occupational injury, including cumulative injury rate, proportion of potential workdays lost, and potential salary lost were applied to occupational injury data from 1986 to 1994 at a steel company in Taiwan. Results show that the average disabling frequency rate and cumulative injury rate of the whole company were 4.12 and 0.41, respectively, and the average disabling severity rate and proportion of potential workdays lost of the whole company were 563 and 229 x 10-6, respectively. The average potential salary lost of the whole company was more than USD 2 million per year with a discount rate of 0.04, which was equivalent to 92 times of average annual income of a worker. The major monetary losses were due to non-traffic injuries of operators and traffic injuries of non-operators, which amounted to USD 145 and 152 per person per year. The new indices are useful supplementary tools for monitoring and analysing occupational injury data in a company.
Descriptors (primary) occupational accidents; steelworks; economic aspects; sickness absenteeism
Descriptors (secondary) Taiwan (China); severity rates; frequency rates; statistical evaluation
Document type D - Periodical articles
Country / State or ProvinceTaiwan (China)
Subject(s) Generalities
Broad subject area(s) Industries and occupations
Browse category(ies) Economic aspects
Iron and steel industry