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Making Economic Social Decisions for Improving Occupational Health: A Predictive Cost-Benefit Analysis
University of Gävle, Faculty of Health and Occupational Studies, Department of Occupational and Public Health Sciences. University of Gävle, Centre for Musculoskeletal Research.
University of Gävle, Faculty of Education and Business Studies, Department of Business and Economic Studies.
2015 (English)In: Occupational Medicine & Health Affairs, ISSN 1463-502X, E-ISSN 2329-6879, Vol. 3, no 6, 225Article in journal (Refereed) Published
Abstract [en]

The few studies attempting to estimate costs of work-related disorders suffer from poor applied methodologies. Further, as the costs are often limited to the company, decisions about investment in improving the work environment are made at the company level. However, economic decisions on changing work environments and improving occupational health need to be made at the societal level. In an economic social decision, all direct and indirect costs imposed on society by work-related disorders are considered, regardless of who pays which cost. This study introduces and demonstrates a methodology appropriate for economic decisions at the societal level for preventing work-related disorders and promoting occupational health in the workplace. The methodology uses the concept of human capital in assessing productivity loss associated with the disorders. The empirical results show that Swedish society could have gained up to 442 855 537 SEK by preventing work-related disorders at the Swedish company Sandvik Materials Technology during 2014, 87% of which would have been captured by the company.

Place, publisher, year, edition, pages
2015. Vol. 3, no 6, 225
Keyword [en]
Work environment; Risk factors; Absenteeism; Work capacity; Illness-related costs; Economic evaluation
National Category
Environmental Health and Occupational Health Economics and Business
Identifiers
URN: urn:nbn:se:hig:diva-20979DOI: 10.4172/2329-6879.1000225OAI: oai:DiVA.org:hig-20979DiVA: diva2:892044
Available from: 2016-01-08 Created: 2016-01-08 Last updated: 2016-01-12Bibliographically approved

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Rezagholi, MahmoudBantekas, Apostolos
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Department of Occupational and Public Health SciencesCentre for Musculoskeletal ResearchDepartment of Business and Economic Studies
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CiteExportLink to record
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Cite
Citation style
  • apa
  • harvard-cite-them-right
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • sv-SE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • de-DE
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Output format
  • html
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