Road Accidents and Traffic Flows: An Econometric Investigation

Arbeitspapier

This paper develops an empirical model of the relationship between road traffic accidents and traffic flows. The analysis focuses on the accident externality which is mainly determined by the difference between the marginal and average risks. The model is estimated using a new dataset which combines hourly London traffic count data from automated vehicle recorders together with police records of road accidents. The accident-flow relationship is seen to vary considerably between different road classes and geographical areas. More importantly, even having controlled for these and other differences, the accident externality is shown to vary significantly with traffic flows. In particular, while the accident externality is typically close to zero for low to moderate traffic flows, it increases substantially at high traffic flows.

Angaben zum Objekt

• Sprache: Englisch

Verweise und Beziehungen

• Erschienen in: Series: Department of Economics Discussion Paper ; No. 9809

Klassifikation und Themen

• Klassifikation: Wirtschaft ; Semiparametric and Nonparametric Methods: General ; Data Collection and Data Estimation Methodology; Computer Programs: General ; Externalities ; Transportation Economics: General
• Thema: Road Traffic Accidents ; Traffic Flows ; Accident Externalities ; Straßenverkehrsunfall ; Straßenverkehr ; Straßenverkehrspolitik ; Externer Effekt ; Großbritannien

Beteiligte, Orts- und Zeitangaben

• Ereignis: Geistige Schöpfung
• (wer): Dickerson, Andrew ; Peirson, John ; Vickerman, Roger
• Ereignis: Veröffentlichung
• (wer): University of Kent, Department of Economics
• (wo): Canterbury
• (wann): 1998

Weitere Informationen

• Handle: http://hdl.handle.net/10419/105509
• Letzte Aktualisierung: 10.03.2025, 11:44 MEZ