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Estimated hedonic wage function and value of life in an African country

Benkhalifa, Abdelaziz and Lanoie, Paul and Ayadi, Mohamed (2012): Estimated hedonic wage function and value of life in an African country. Published in:

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Abstract

This paper reports the first study of compensating wage differentials for work-related fatalities in an African country. Using original data from the 2002 Tunisian Caisse nationale de la sécurité sociale, statistically significant compensating wage differentials are found. The implied value of life is $ 643800 (US $ 2000).

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