Burke, Paul J.; Nishitateno, Shuhei - Crawford School of Public Policy, Australian National … - 2014
This study utilizes data for 144 countries from 1991-2010 to present the first international estimates of the gasoline … price elasticity of road fatalities. We instrument each country's gasoline price with that country's oil reserves and the … reduction in road fatalities resulting from a 10% increase in the gasoline pump price is in the order of 3-6%. Around 35 …