Estimating the Costs Caused by Road Traffic Accidents in Romania

Drosu, Alin; Cofaru, Corneliu

doi:10.1007/978-3-319-45447-4_98

Cited by 2 publications

(1 citation statement)

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“…The death rate in LMICs is nearly double that of high-income countries (HICs) [3]. Several studies [4][5][6][7][8][9] noted that RTIs, especially fatalities, cause a big financial burden on an economy. It is very unlikely that RTIs can be eliminated entirely, since people need to travel, which has a risk in itself; however, their occurrence and severity may be minimised [10] by investing more resources in road safety and choosing the safest means of travel [11].…”

Section: Introductionmentioning

confidence: 99%

A Systematic Review of the Application of Road Safety Valuation Methods in Assessing the Economic Impact of Road Traffic Injuries

Nankunda,

Evdorides

2023

Future Transportation

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Road traffic injuries (RTIs) are increasingly claiming lives, particularly of those living in low- and middle-income countries (LMICs). To evaluate the economic consequences of RTIs, their financial impact on Gross Domestic Product (GDP) has been investigated by several studies using road safety valuation methods. This in turn has been used to quantify the resources required for investment on appropriate countermeasures to reduce the severity and frequency of RTIs. To investigate the frequency of use of road safety valuation methods in assessing the economic impact of road injuries, a robust systematic review was carried out with the aid of EPPI-reviewer software. The analysis of the evidence gathered showed that 55% of the included studies used the willingness-to-pay (WTP) method, 29% used human capital (HC), 11% used restitution cost and 5% used other methods. In high-income countries (HICs), the predominant method used was WTP, while HC was more common for middle-income countries. In addition, it was found that 49% of the studies in this field were conducted on HICs, whilst 4% focused on low-income countries (LICs). This indicates that there is a gap in the use of road safety valuation methods for LICs in the literature and therefore a need for further research.

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Section: Introductionmentioning

confidence: 99%

A Systematic Review of the Application of Road Safety Valuation Methods in Assessing the Economic Impact of Road Traffic Injuries

Nankunda,

Evdorides

2023

Future Transportation

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Оценка Ущерба От Гибели Людей В Дорожно-Транспортных Происшествиях

Белогребень¹,

Матанцева²,

Matantseva

et al. 2020

Транспорт: Наука, Техника, Управление

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Рассмотрена методика оценки ущерба от гибели людей в дорожно-транспортных происшествиях. Методика разработана по заданию Министерства транспорта Российской Федерации. Расчеты ущерба проводятся с использованием информации государственного статистического наблюдения. Методика предназначена для использования при разработке программ совершенствования дорожного транспорта и его устойчивого развития.

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Estimating the Costs Caused by Road Traffic Accidents in Romania

Cited by 2 publications

References 1 publication

A Systematic Review of the Application of Road Safety Valuation Methods in Assessing the Economic Impact of Road Traffic Injuries

A Systematic Review of the Application of Road Safety Valuation Methods in Assessing the Economic Impact of Road Traffic Injuries

Оценка Ущерба От Гибели Людей В Дорожно-Транспортных Происшествиях

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