Empirical analysis on contribution share of safety investment to economic growth: A case study of Chinese mining industry

doi:10.1016/j.ssci.2012.01.012

CQUET-IR

	Empirical analysis on contribution share of safety investment to economic growth: A case study of Chinese mining industry
	Tan, Haixia 1,2; Wang, Hongtu 1; Chen, Lin 3; Ren, Huanlin 4
	2012-08
发表期刊	SAFETY SCIENCE
ISSN	0925-7535
卷号	50 期号:7 页码:1472-1479
摘要	Insufficient investment in safety is one of the most important reasons which lead to frequent accidents in Chinese mining industry. Safety input has long been regarded as a 'sunk cost', lacking output, and little attention from mining companies was focused on increasing safety input according to technical codes or technical requirements due to the narrow understanding on safety input. So, the empirical analysis on the contribution share of safety investment to economic growth is very important. In this paper, a new set of production safety indexes including six 1-level indexes for describing the safety level of mining production in China was constructed on the basis of Granger causality test. Meanwhile, a mining economic growth model was constructed on the basis of the new production safety indexes with co-integration theory and dynamic modeling system. The empirical results show that the production safety factor in the short term indeed drives the GDP growth in the mining industry although labor and capital input remain the major factors impacting mining economic growth, and its long term contribution share is 7.7%. Principal Component Analysis (PCA) of production safety indexes, shows that the safety level of mining production increased more than 21-fold during 1991-2009, and the investment in mining technology development capability, mining safety production environment and mechanized level of mining should be the direction to focus for improving the safety level of mining production. (C) 2012 Elsevier Ltd. All rights reserved.
关键词	Mining industry Production safety indexes Economic growth model Contribution share of safety input to economy growth
DOI	10.1016/j.ssci.2012.01.012
收录类别	SCIE ; SSCI
语种	英语
WOS研究方向	Engineering ; Operations Research & Management Science
WOS类目	Engineering, Industrial ; Operations Research & Management Science
WOS记录号	WOS:000305265500004
出版者	ELSEVIER SCIENCE BV
原始文献类型	Article
出版地	AMSTERDAM
引用统计	被引频次：18[WOS] [WOS记录] [WOS相关记录]
文献类型	期刊论文
条目标识符	https://ir.cqcet.edu.cn/handle/39TD4454/3670
专题	重庆电子科技职业大学
作者单位	1.Chongqing Univ, State Key Lab Coal Mine Disaster Dynam & Control, Chongqing 400030, Peoples R China; 2.Chongqing Vocat Inst Engn, Chongqing 400037, Peoples R China; 3.Yunnan Bur Geol & Mineral Resources, Explorat Inst Geol & Mineral Resources, Kunming 650051, Peoples R China; 4.Huaibei Normal Univ, Coll Hist & Sociol, Huaibei 235000, Peoples R China
推荐引用方式 GB/T 7714	Tan, Haixia,Wang, Hongtu,Chen, Lin,et al. Empirical analysis on contribution share of safety investment to economic growth: A case study of Chinese mining industry[J]. SAFETY SCIENCE,2012,50(7):1472-1479.
APA	Tan, Haixia,Wang, Hongtu,Chen, Lin,&Ren, Huanlin.(2012).Empirical analysis on contribution share of safety investment to economic growth: A case study of Chinese mining industry.SAFETY SCIENCE,50(7),1472-1479.
MLA	Tan, Haixia,et al."Empirical analysis on contribution share of safety investment to economic growth: A case study of Chinese mining industry".SAFETY SCIENCE 50.7(2012):1472-1479.