How effective is automobile safety regulation?
- 1 December 1990
- journal article
- research article
- Published by Taylor & Francis in Applied Economics
- Vol. 22 (12) , 1705-1714
- https://doi.org/10.1080/00036849000000076
Abstract
Loeb(1989) questions the results of recent work on automobile safety inspection (Garbacz and Kelly, 1987) in which the results of a paper by Leob and Gilad (1984) were questioned. Specifically, their time series model, using New Jersey data, is missing a key economic variable (accident price) as well as some well-known variables associated with traffic accidents (yothful drivers and a proxy for drunk driving). An estimate of their model, with US data, results in no statistical effect for automobile inspection variables (Garbacz and Kelly, 1987).Keywords
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