COST OF ROAD ACCIDENTS
U Leppanen
Abstract
U Leppanen
Abstract
Calculations of the cost of road accidents have been made in various countries but they have been rather approximate and not far developed in the theoretical sense. The purpose of this study was to give some impression about the size of accident costs. In Finland about 2 Million mk were allocated for traffic safety work in 1966. This is about 0.4% of the estimated cost of traffic accidents in the same year. The sum used for traffic safety is very small in comparison to the cost of road accidents. There should be a considerable increase in allocations for road safety in the future. /GMRL/
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Calculations of the cost of road accidents have been made in various countries but they have been rather approximate and not far developed in the theoretical sense. The purpose of this study was to give some impression about the size of accident costs. In Finland about 2 Million mk were allocated for traffic safety work in 1966. This is about 0.4% of the estimated cost of traffic accidents in the same year. The sum used for traffic safety is very small in comparison to the cost of road accidents. There should be a considerable increase in allocations for road safety in the future. /GMRL/
Key concepts: Transport engineering, Work (physics), Road traffic, Business, Engineering, Mechanical engineering