Abstract:The number of traffic fatalities has declined by 80-90 % from the all-time peak number in many highly motorized countries. It would be of great interest to identify factors that explain this decline. Unfortunately, this is difficult, and an ideal method does not exist. This paper discusses some less-than-ideal methods. Multivariate statistical analyses are unlikely to be informative because they are likely to be affected by both multicollinearity and omitted variable bias. This implies that they will always in… Show more
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