Titelaufnahme

Titel
The accident externality from trucking / Lucija Muehlenbachs (University of Calgary and Resources for the Future), Stefan Staubli (University of Calgary, CEPR, IZA, and NBER), Ziyan Chu (Resources for the Future) ; IZA Institute of Labor Economics
VerfasserMuehlenbachs, Lucija A. In der Gemeinsamen Normdatei der DNB nachschlagen ; Staubli, Stefan In der Gemeinsamen Normdatei der DNB nachschlagen ; Chu, Ziyan In der Gemeinsamen Normdatei der DNB nachschlagen
KörperschaftForschungsinstitut zur Zukunft der Arbeit In der Gemeinsamen Normdatei der DNB nachschlagen
ErschienenBonn, Germany : IZA Institute of Labor Economics, September 2017
Ausgabe
Elektronische Ressource
Umfang1 Online-Ressource (41 Seiten) : Diagramme, 1 Karte
SerieDiscussion paper ; no. 10989
URNurn:nbn:de:hbz:5:2-138415 Persistent Identifier (URN)
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Volltexte
The accident externality from trucking [1.22 mb]
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Zusammenfassung

How much risk does a heavy truck impose on highway safety? To answer this question, we look at the rapid influx of trucks during the shale gas boom in Pennsylvania. Using quasiexperimental variation in truck traffic, we isolate the effect of adding a truck to the road. We find an additional truck raises the risk of a truck accident - and, at an even higher rate, the risk of nontruck accidents. These accidents pose an external cost in cases in which the truck is not found liable, not fully insured, or not directly involved. We show this external cost is capitalized in the insurance market: car insurance premiums of other road users increase when trucks are added to the road.