Motor Vehicle Injury Valuation for Canada’s National Collision Database Economic Analyses

The objective of this study is to estimate fractions of the Value of Statistical Life (VSL) to value motor vehicle collision injuries in Transport Canada Motor Vehicle Safety Directorate’s economic analyses. Canada’s police-reported National Collision Database (NCDB) definitions for minimal, minor and major injuries are used in conjunction with US 2010 trauma data in order to estimate quality-adjusted life year (QALY) losses, which are then translated into fractions of VSL given an expected remaining lifespan. Findings are compared to other estimates in the literature and are found to be largely in line with them. They are therefore deemed valid for use in economic analyses of Canadian motor vehicle collisions using NCDB injury data.

• Supplemental Notes:
  • This paper was sponsored by TRB committee ABE00 Section - Transportation Policy.
• Corporate Authors:

  Transportation Research Board

  500 Fifth Street, NW
  Washington, DC  United States  20001
• Authors:
  • Miller, Ted R
  • Bergeron, Nancy
  • Lawrence, Bruce A
• Conference:
  • Transportation Research Board 95th Annual Meeting
  • Location: Washington DC, United States
  • Date: 2016-1-10 to 2016-1-14
• Date: 2016

Language

• English

Media Info

• Media Type: Web
• Features: References; Tables;
• Pagination: 17p
• Monograph Title: TRB 95th Annual Meeting Compendium of Papers

Subject/Index Terms

• TRT Terms: Crash injuries; Economic analysis; Injury severity; Value of life
• Uncontrolled Terms: Quality adjusted life years
• Geographic Terms: Canada
• Subject Areas: Economics; Highways; Safety and Human Factors;

Filing Info

• Accession Number: 01594823
• Record Type: Publication
• Report/Paper Numbers: 16-6352
• Files: TRIS, TRB, ATRI
• Created Date: Mar 30 2016 9:47AM