Killing kilos in car accidents: Are external costs of car weight internalised?
Jos van Ommeren (),
Piet Rietveld,
Jack Zagha Hop and
Muhammad Sabir ()
Economics of Transportation, 2013, vol. 2, issue 2, 86-93
Abstract:
Vehicle weight imposes external costs on a car accident collision partner. In the EU, the external costs through material damage are internalised through obligatory insurance, but this does not hold for the external costs related to injuries and fatalities. We estimate these external costs for the Netherlands for two-vehicle crashes. We find that a 500kg increase in the weight of the other car increases the probability of a fatality by about 70% over the mean fatality rate, in the same order, but somewhat higher than reported for US. For serious injuries, this effect is about 30%, very close to the results for US. However, because the mean fatality/serious injury rate due to two-vehicle crashes is low in the Netherlands, the annual marginal external costs of car weight are small (€50 per 500kg) and much smaller than the marginal tax of car weight (up to €800 per 500kg).
Keywords: Car accidents; Car weight; External costs; Injuries; Fatality (search for similar items in EconPapers)
Date: 2013
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (10)
Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S2212012213000142
Full text for ScienceDirect subscribers only
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:eee:ecotra:v:2:y:2013:i:2:p:86-93
DOI: 10.1016/j.ecotra.2013.06.001
Access Statistics for this article
Economics of Transportation is currently edited by Mogens Fosgerau and Erik Verhoef
More articles in Economics of Transportation from Elsevier
Bibliographic data for series maintained by Catherine Liu ().