This paper presents a discussion of the methodologies used to produce estimates of the cost of road accidents (or the value of reducing their number), focusing on the major issues of contention, and provides estimates for Australia for the year 1985. The estimates are mainly based on the framework and methodology established by A.S. Atkins in his 1981 report 'The Economic and Social Costs of Road Accidents in Australia'. An important improvement is the inclusion of an, albeit tentative, estimate of the cost associated with the pain and suffering of road accident victims. Costs are presented as average unit costs and total costs, using three alternative methodologies, with a preference stated. Cost estimates are provided by cost category and by the level of injury severity sustained by the victim.

  • Availability:
  • Corporate Authors:

    Bureau of Transport and Communications Economics

    P.O. Box 367
    Canberra, A.C.T. 2601,   Australia 
  • Authors:
    • Steadman, L A
    • Bryan, R J
  • Publication Date: 1991-2

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Filing Info

  • Accession Number: 00618572
  • Record Type: Publication
  • ISBN: 0 644 07806 5
  • Files: TRIS
  • Created Date: Jan 31 1992 12:00AM