HOW MUCH DO ROAD ACCIDENTS COST THE NATIONAL ECONOMY?

This paper presents estimates of how much road accidents cost the national economy, stated as a percentage of the gross national product (GNP). Official estimates of road accident costs from 1990 or later were compiled from easily accessible sources for twelve countries. Estimates of the GNP were taken from OECD publications. On the average, the total costs of road accidents, including an economic valuation of lost quality of life, were estimated to about 2.5% of the GNP. Excluding the valuation of lost quality of life, road accident costs on the average amounted to 1.3% of the GNP. When valuation of lost quality of life is included, costs ranged from 0.5% to 5.7% of the GNP. When valuation of lost quality of life is disregarded, costs ranged from 0.3 to 2.8% of the GNP.

• Availability:
  • Find a library where document is available. Order URL: http://worldcat.org/issn/00014575
• Corporate Authors:

  Elsevier

  The Boulevard, Langford Lane
  Kidlington, Oxford  United Kingdom  OX5 1GB
• Authors:
  • Elvik, R
• Publication Date: 2000-11

Language

• English

Media Info

• Features: References; Tables;
• Pagination: p. 849-851
• Serial:
  • Accident Analysis & Prevention
  • Volume: 32
  • Issue Number: 6
  • Publisher: Elsevier
  • ISSN: 0001-4575
  • Serial URL: http://www.sciencedirect.com/science/journal/00014575

Subject/Index Terms

• TRT Terms: Costs; Crashes; Economic impacts; Gross national product; Quality of life; Traffic crashes
• Subject Areas: Economics; Finance; Highways; Safety and Human Factors;

Filing Info

• Accession Number: 00800807
• Record Type: Publication
• Report/Paper Numbers: HS-043 151
• Files: HSL, TRIS, ATRI
• Created Date: Oct 4 2001 12:00AM