Workers' Compensation Insurance, Experience-Rating, and Occupational Injuries

摘要: This article examines how an increase in workers' compensation indemnity benefits affects injury rates when firms are experience-rated to varying degrees. The theoretical model shows that has a smaller effect on more highly firms. Since institutional characteristic of insurance is larger tend be experience-rated, the empirically testable hypothesis there relationship between and tested with rate regressions estimated by using data 25 three-digit U.S. manufacturing industries for years 1972-1979. Support found frequency all injuries dependent variable, but evidence less strong variable lost-workday injuries.