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The Accident Externality from Trucking / Lucija Muehlenbachs, Stefan Staubli, Ziyan Chu.
- Format:
- Book
- Author/Creator:
- Muehlenbachs, Lucija.
- Series:
- Working Paper Series (National Bureau of Economic Research) no. w23791.
- NBER working paper series no. w23791
- Language:
- English
- Physical Description:
- 1 online resource: illustrations (black and white);
- Place of Publication:
- Cambridge, Mass. National Bureau of Economic Research 2017.
- Summary:
- The presence of a heavy truck on the road can impose an externality if accidents occur that would not have otherwise. We find each additional truck on the road increases the risk of a truck accident--but also, at an even higher rate, the risk of a car-on-car collision. Our estimates imply two percent of all car-on-car collisions can be attributed to trucks on the road. This negative externality falls on all road users through higher car insurance premiums: one truck, driving for a year in the same zip code, increases the insurance premium of each new enrollee by $0.48/year.
- Notes:
- Print version record
- September 2017.
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