The Accident Externality from Trucking

Stefan Staubli, Lucija Muehlenbachs and Ziyan Chu

No 12314, CEPR Discussion Papers from C.E.P.R. Discussion Papers

Abstract: The presence of a heavy truck on the road can impose an externality if accidents occur that would not have otherwise. We find each additional truck on the road increases the risk of a truck accident---but also, at an even higher rate, the risk of a car-on-car collision. Our estimates imply two percent of all car-on-car collisions can be attributed to trucks on the road. This negative externality falls on all road users through higher car insurance premiums: one truck, driving for a year in the same zip code, increases the insurance premium of each new enrollee by $0.48/year.

Keywords: Externality; Trucking; Hydraulic fracturing; Traffic fatalities (search for similar items in EconPapers)
JEL-codes: G22 H23 I18 Q58 R41 (search for similar items in EconPapers)
Date: 2017-09
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Citations: View citations in EconPapers (10)

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Related works:
Working Paper: The Accident Externality from Trucking (2017)
Working Paper: The Accident Externality from Trucking (2017)
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