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Problem: Limited literature suggests that gasoline prices have substantial effects on reducing fatal crashes. However, the literature focuses only on fatal crashes and does not examine the effects on all traffic crashes.Methods: Mississippi traffic crash data from April 2004-December 2008 from...
Persistent link: https://www.econbiz.de/10013131802
Traffic fatalities are the leading cause of mortality in the United States despite being preventable. While several policies have been introduced to improve traffic safety and their effects have been well documented, the role of transitory health shocks or situational factors at explaining...
Persistent link: https://www.econbiz.de/10014512087
In this paper we show that omitted variables and publication bias lead to severely biased estimates of the value of a statistical life. Although our empirical results are obtained in the context of a study of choices about road safety, we suspect that the same issues plague the estimation of...
Persistent link: https://www.econbiz.de/10014073197
In this study, we explore the impact of the COVID-19 pandemic on road accidents, road injuries, and road fatalities in Mexico. We use national administrative road safety records that include road accidents in urban and suburban areas of Mexico over 2017 to 2020. Employing a state-level monthly...
Persistent link: https://www.econbiz.de/10014080116
In 1987 the federal government permitted states to raise the speed limit on their rural interstate roads, but not on their urban interstate roads, from 55 mph to 65 mph for the first time in over a decade. Since the states that adopted the higher speed limit must have valued the travel hours...
Persistent link: https://www.econbiz.de/10014108938
Drivers have been running an "arms race" on American roads by buying increasingly heavy vehicles such as SUVs, vans and light trucks. An important reason for the popularity of large vehicles is that families view them as providing better protection to their occupants if a crash occurs. But when...
Persistent link: https://www.econbiz.de/10014103364
India's urban transport sector has realized the significance of engagement of private players in operating city bus services. Urban Local Bodies (ULBs) confront perennial problems such as productive inefficiencies, capacity shortages, financial constrains and so on and hence the private...
Persistent link: https://www.econbiz.de/10013017073
in Europe and North America. The economic costs of restrictions on international travel are apparent in those sectors … likely to underestimate the broader macroeconomic costs, which are also assessed, albeit with less precision. The importance …
Persistent link: https://www.econbiz.de/10012630191
how much physical output each dollar of spending yields, we know surprisingly little about these costs across time and … cost determinants. Several common explanations for rising costs, such as increases in per-unit labor or materials prices …
Persistent link: https://www.econbiz.de/10012848420
How do communication costs affect the production of new ideas and inventions? To answer this question, we study the … showing how a fall in communication costs can increase the rate at which scientific knowledge is exchanged and new ideas and …
Persistent link: https://www.econbiz.de/10013210104