The study estimates the Value of Statistical Life and Limb in Pakistan based on the compensating wage differential among blue-collar industrial workers in the city of Lahore. The data for this study is from a survey of 680 workers who were above eighteen years of age with at least one year's...

by S. Madheswaran, SANDEE Working Paper No. 9-04Abstract: Policy makers confronted with the need to introduce health and safety regulations often wonder how to value the benefits of these regulations. One way that a monetary value could be placed on reductions in health risks, including risk of...