New Approach to Evaluation of Socio-economic Losses Caused by Traffic Accidents

Transport and its consequences are evaluated from different points of view of safety, road, vehicle and human factor. However, it is very important to assess the transport impacts also from the economic viewpoint. Incurred considerable socio-economic losses impact upon the government and society. Under conditions of the Czech Republic, the methodical procedure of loss calculation of traffic accident rate was used but it was not up-to-date and did not include important cost items, which are inserted into the calculation. Therefore mentioned values were out-of-date and underestimated. The article is aimed at the description of new approach to evaluation of socio-economic losses caused by traffic accidents on land roads under conditions of the Czech Republic. New methodology of loss calculation is defined and stress is laid on current changes, by virtue of which the amount of losses will be put more exactly. Further, problems of determination of compensation for damage established by the courts are mentioned and individual amounts of compensation according to injury consequences and severity of traffic violations are provided. In the final part, the concrete and explanatory example of the calculation and evaluation of losses, final summary and recommendations are mentioned. It is important to place emphasis on evaluation of losses caused by traffic accidents and to reckon them on a yearly basis. Loss amounts provide source information for traffic-engineering analyses and models, aimed at the calculation of effectiveness of measures. Implemented effective traffic-safety precautions will accordingly result not only in reduction and severity of traffic accidents but also considerable saving and efficient spending of financial resources.

• Supplemental Notes:
  • This paper was sponsored by TRB committee ANB10 Transportation Safety Management.
• Corporate Authors:

  Transportation Research Board

  500 Fifth Street, NW
  Washington, DC  United States  20001
• Authors:
  • Vyskocilova (Dankova), Alena
  • Gogolin, Ondrej
  • Valach, Ondrej
• Conference:
  • Transportation Research Board 93rd Annual Meeting
  • Location: Washington DC
  • Date: 2014-1-12 to 2014-1-16
• Date: 2014

Language

• English

Media Info

• Media Type: Digital/other
• Features: Figures; References; Tables;
• Pagination: 14p
• Monograph Title: TRB 93rd Annual Meeting Compendium of Papers

Subject/Index Terms

• TRT Terms: Calculation; Costs; Crash injuries; Evaluation; Loss and damage; Methodology; Recommendations; Socioeconomic factors; Traffic crashes
• Geographic Terms: Czech Republic
• Subject Areas: Economics; Highways; Safety and Human Factors; I10: Economics and Administration; I80: Accident Studies;

Filing Info

• Accession Number: 01516356
• Record Type: Publication
• Report/Paper Numbers: 14-0867
• Files: TRIS, TRB, ATRI
• Created Date: Feb 28 2014 1:32PM