Citation

Kim KW. Int. J. Occup. Safety Ergonomics 2018; ePub(ePub): 1-8.

Affiliation

Occupational Safety and Health Training Institute, Korea Occupational Safety & Health Agency (KOSHA) , 400 Jongga-ro, Jung-gu, Ulsan 44429 , Korea.

Copyright

(Copyright © 2018, Centralny Instytut Ochrony Pracy - Państwowy Instytut Badawczy, Publisher Informa - Taylor and Francis Group)

DOI

10.1080/10803548.2018.1509825

PMID

30095045

Abstract

Industrial accidents affect the sustainable development of any country, enterprise, or individual. This study estimated the costs of loss due to industrial accidents in South Korea in 2013, based on the 4th Korean Working Conditions Survey. The total costs of loss were estimated at USD 27,224 million, with individuals losing the most at 79.5%, followed by employers with 20.4%, and the government with 0.1%. These costs were equivalent to 2.1% of South Korea's gross domestic product (GDP) in 2013. The costs to society/death due to industrial accidents were USD 640 thousand, USD 7 thousand/individual out of work for ≤3 days and USD 242 thousand/individual out of work for ≥4 days. These costs make it easy to calculate losses incurred due to industrial accidents. Costs of loss can also be used by the government as basic data to establish industrial safety and health policies.

Language: en

Keywords

South Korea; accidents; costs of loss; work-related ill health; workplace injuries