Fatalities and Disasters in Coal Mining
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2014/02/26
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Description:Coal mining is a dangerous occupation. Economic theory suggests that coal firms and workers balance productivity and the risk of accidents, yet recent literature suggests that exogenous shocks may gratuitously stimulate both mine productivity and safety. We use fatalities and disasters as a source of exogenous variation to understand how coal mine productivity changes in response to such shocks. After a coal mining disaster, we find decreases in less severe accidents and declines in coal production for mines within the affected state, with the total losses in the state exceeding a billion dollars. We do not find that a disaster has significant effects on mine activity nationwide. After to a fatality within a mine, we find evidence for increases in productivity but no evidence of changes in accident rates. Our quantitative analysis using firm level production data is a rare contribution to a tiny economic literature on firm productivity and safety. [Description provided by NIOSH]
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NIOSHTIC Number:nn:20054318
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Citation:2014 SME Annual Meeting & Exhibit (SME 2014): Leadership in Uncertain Times, February 23-26, 2014, Salt Lake City, Utah. Englewood, CO: Society for Mining, Metallurgy, and Exploration, Inc., 2014 Feb; :129
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Federal Fiscal Year:2014
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Performing Organization:University of Arizona, Tucson
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Peer Reviewed:False
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Start Date:20100901
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Source Full Name:2014 SME Annual Meeting & Exhibit (SME 2014): Leadership in Uncertain Times, February 23-26, 2014, Salt Lake City, Utah
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End Date:20260831
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Main Document Checksum:urn:sha-512:fce62940705a1f02d37ca061bf6a2e25eeca4f7693b8f47977c78a041e275527508579299e4084d9d63d7277da007c08ff2a8715fe9001c7012eec178994bba5
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