This paper estimates the marginal accident externality of driving in Central London by exploiting variation in traffic … flow induced by the London Congestion Charge Zone using an instrumental variable approach. The charge attributed to a 9 ….4% reduction in traffic flow, which resulted in a less than proportional 6.0% and 7.6% decrease in accidents and slight injuries …

The goal of this paper is the estimation of the effect of accidents on traffic congestion and vice versa. In order to … do this, I use "big data" of highway traffic and accidents in England for the period 2007-2013. The data exhibit some … causal effect of accidents on traffic congestion and vice versa. The estimation draws on panel data methods that have …

This paper estimates the marginal accident externality of driving in Central London by exploiting variation in traffic … flow induced by the London Congestion Charge Zone using an instrumental variable approach. The charge attributed to a 9 ….4% reduction in traffic flow, which resulted in a less than proportional 6.0% and 7.6% decrease in accidents and slight injuries …

This paper estimates the marginal accident externality of driving in Central London by exploiting variation in traffic … flow induced by the London Congestion Charge Zone using an instrumental variable approach. The charge attributed to a 9 ….4% reduction in traffic flow, which resulted in a less than proportional 6.0% and 7.6% decrease in accidents and slight injuries …