Value of Statistical Life in India
Language: English
Published by Taylor & Francis Aug 2026, 2026
- Hardcover
- New
Seller: AHA-BUCH GmbH, Einbeck, GermanyAHA-BUCH GmbH
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Add to basketItem description from seller
Neuware - In an era where evidence-based policymaking defines the credibility of governance, Value of Statistical Life in India offers a landmark contribution to the economics of risk, labour welfare, and regulatory design. This ground-breaking volume presents one of the most rigorous empirical estimations of the Value of Statistical Life (VSL) in the Indian context, addressing a critical gap in public policy analytics.Focusing on occupational risks within India's manufacturing sector-particularly in Gujarat- the book systematically examines compensating wage differentials (CWD), insurance mechanisms, and Occupational Safety and Health (OSH) frameworks. Through advanced econometric modelling and a global meta-analysis using mixed-effects regression techniques, the authors situate Indian VSL estimates within international standards, aligning domestic policy discourse with practices in developed economies such as the United States.Transcending descriptive analysis, the book offers a robust analytical foundation for cost-benefit evaluation, regulatory impact assessment, environmental risk governance, and labour protection reforms. By advocating the institutional adoption of VSL as a cornerstone of policy appraisal, it provides a transformative framework for integrating economic valuation into safety and health legislation.Scholarly, in depth and strategic in relevance, this volume is indispensable for academics, policymakers, multilateral agencies, and regulatory authorities committed to strengthening risk governance and advancing labour welfare in emerging economies.…
Seller Inventory # 9781041039259
- Title
- Value of Statistical Life in India
- Author
- Agamoni Majumder
- Publisher
- Taylor & Francis Aug 2026
- Publication year
- 2026
- Condition
- Neu
- Binding
- Buch
- Language
- English
- ISBN 10
- 1041039255
- ISBN 13
- 9781041039259
- Item weight
- 513 grams
- Dimensions
- 234x156x14 mm
In an era where evidence-based policymaking defines the credibility of governance, Value of Statistical Life in India offers a landmark contribution to the economics of risk, labour welfare, and regulatory design. This ground-breaking volume presents one of the most rigorous empirical estimations of the Value of Statistical Life (VSL) in the Indian context, addressing a critical gap in public policy analytics.
Focusing on occupational risks within India’s manufacturing sector―particularly in Gujarat― the book systematically examines compensating wage differentials (CWD), insurance mechanisms, and Occupational Safety and Health (OSH) frameworks. Through advanced econometric modelling and a global meta-analysis using mixed-effects regression techniques, the authors situate Indian VSL estimates within international standards, aligning domestic policy discourse with practices in developed economies such as the United States.
Transcending descriptive analysis, the book offers a robust analytical foundation for cost–benefit evaluation, regulatory impact assessment, environmental risk governance, and labour protection reforms. By advocating the institutional adoption of VSL as a cornerstone of policy appraisal, it provides a transformative framework for integrating economic valuation into safety and health legislation.
Scholarly, in depth and strategic in relevance, this volume is indispensable for academics, policymakers, multilateral agencies, and regulatory authorities committed to strengthening risk governance and advancing labour welfare in emerging economies.
"Synopsis" may belong to another edition of this title.
About the Author
Agamoni Majumder is a lecturer in economics at the School of Economics, Adelaide University whose empirical research in applied economics focuses on labour, health, and environmental issues, particularly workplace conditions, occupational and environmental health risks, and their economic implications.
S. Madheswaran is a development economist and econometrician and currently an adviser to Jain University and ICRISAT. Former RBI Chair Professor, Director of ISEC, Vice-Chancellor of GRI, Economic Adviser to Karnataka, and founder of the Karnataka Evaluation Authority, he has published 130 papers and five books with international academic publishers worldwide.
"About the title" may belong to another edition of this title.
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