The Effect of The Economic Cycle on Workplace Accidents In Six European Countries

The aim of this paper is to investigate the effect of the economic cycle on workplace accidents. In particular, the effect of some major factors of the economic cycle (unemployment, output per capita and unit labor cost) on fatal and non-fatal injuries is examined in six European countries (Finland, Italy, France, Switzerland, Austria and Germany). Correlation analysis and multiple regression analysis are applied, considering relevant data of the selected countries, over the period 1990-2005. The analysis indicates a counter-cyclical behavior of workplace accidents. Output per capita is the only parameter whose impact is statistically significant in all cases. The different effect of the examined factors on workplace accidents and the inter-relations between these factors indicate that an economic model of the workplace is required, if the impact of the economic cycle on workplace accidents is to be studied thoroughly.