Traffic Safety and Human Capital

26 Pages Posted: 16 Dec 2016

See all articles by Richard Guy Cox

Richard Guy Cox

Arizona State University (ASU) - W.P. Carey School of Business

Darren P. Grant

Sam Houston State University - College of Business Administration - Department of Economics and International Business

Date Written: December 14, 2016

Abstract

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

Cox, Richard Guy and Grant, Darren P., Traffic Safety and Human Capital (December 14, 2016). Available at SSRN: https://ssrn.com/abstract=2886500 or http://dx.doi.org/10.2139/ssrn.2886500

Richard Guy Cox (Contact Author)

Arizona State University (ASU) - W.P. Carey School of Business ( email )

Tempe, AZ 85287-3706
United States

Darren P. Grant

Sam Houston State University - College of Business Administration - Department of Economics and International Business ( email )

SHSU Box 2118
Huntsville, TX 77341-2118
United States
936-294-4324 (Phone)

HOME PAGE: http://www.shsu.edu/dpg006

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