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Title: Costs of construction accidents in the social and humanity context - A case study in Hong Kong
Authors: Tang, SL
Chan, SSK
De Saram, DD
Lee, HK
Keywords: Accidents
Hong Kong
Social impact
Issue Date: 2007
Publisher: Hong Kong Institution of Engineers
Source: HKIE transactions, 2007, v. 14, no. 2, p. 35-42 How to cite?
Journal: HKIE transactions 
Abstract: Costs of construction accidents as well as investments to prevent them have to be borne by the society. Such social costs and investments could be much higher than the obvious financial costs of accidents borne by construction contractors. In this research the authors analysed data from 1,600 accidents that occurred in 223 construction projects in Hong Kong in the years 2002 to 2005, and from 25 public organisations that either provide assistance in case of an accident and/ or invest on accident prevention, safety promotion and so on. The results indicate that for every extra $1.00 of safety investments, the reductions of social costs (including pain and suffering) are $2.59for 2002 versus 2003, $1.91 for 2003 versus 2004, and $1.79 for 2004 versus 2005. The mean value is $2.10. These results of safety investments made and the social costs incurred are useful as a reference for future policy decisions.
ISSN: 1023-697X
EISSN: 2326-3733
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