Traffic Safety and Human Capital
26 Pages Posted: 16 Dec 2016
Date Written: December 14, 2016
This paper documents a large educational gradient in traffic fatality rates and investigates its source. Compared to individuals with a college education, those with at most a high school diploma are more than four times as likely to die in a traffic accident, a gradient exceeding that for all-cause mortality. More educated individuals’ health behaviors, such as drinking or seat belt use, support this gradient. A panel analysis of data from the Fatality Analysis Reporting System indicates that this gradient is, to a small degree, causal, particularly for males, who cause most traffic accidents.
Keywords: human capital; traffic safety
JEL Classification: I12, I26, R41
Suggested Citation: Suggested Citation