The Model of Simultaneous Effects of Two Economic Macroscale Variables, GDP and Gasoline Price, on Road Traffic Fatalities by Panel Data

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TAVAKOLI KASHANI A.; Sartibi Z.; AFSHARIPOUR M.

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Paper Information

Journal: JOURNAL OF TRANSPORTATION RESEARCH Year:2019 | Volume:16 | Issue:1 (58) Page(s): 29-42

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Title

The Model of Simultaneous Effects of Two Economic Macroscale Variables, GDP and Gasoline Price, on Road Traffic Fatalities by Panel Data

Author(s)

TAVAKOLI KASHANI A. | Sartibi Z. | AFSHARIPOUR M. | Issue Writer Certificate

Keywords

Traffic fatalitiesQ1

Gross Domestic ProductQ2

Gasoline PriceQ2

OECD and non-OECD countriesQ1

VAR mode (Vector Autoregressive model)Q1

Abstract

Investigating the effects of socioeconomic macroscale factors on road Traffic fatalities is a useful step for adopting accurate economic decisions and reducing damages of these accidents in countries. But due to the distinct economic level and position of countries, these effects are different. This paper has paid to investigate the simultaneous relationship between Gasoline Price and GDP with Traffic fatalities. The data used in this paper are the panel data of 91 countries spanning 2000-2014. In analyzing these data that applied separately for OECD and non-OECD countries, have used one of the proper models in econometrics titled "vector autoregressive model (VAR)". The results revealed in both groups of countries and with quite different trends, increase in Gasoline Price and GDP per capita significantly lead to decrease in Traffic fatalities rate. This decrease is more especially about Gasoline Price in OECD countries. The reason for these results can be the removal unnecessary trips and increase in public transportation utility in effect of Gasoline Price increase and improve traffic safety conditions in effect of an increase in GDP.

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APA: Copy

TAVAKOLI KASHANI, A., Sartibi, Z., & AFSHARIPOUR, M.. (2019). The Model of Simultaneous Effects of Two Economic Macroscale Variables, GDP and Gasoline Price, on Road Traffic Fatalities by Panel Data. JOURNAL OF TRANSPORTATION RESEARCH, 16(1 (58) ), 29-42. SID. https://sid.ir/paper/83789/en

Vancouver: Copy

TAVAKOLI KASHANI A., Sartibi Z., AFSHARIPOUR M.. The Model of Simultaneous Effects of Two Economic Macroscale Variables, GDP and Gasoline Price, on Road Traffic Fatalities by Panel Data. JOURNAL OF TRANSPORTATION RESEARCH[Internet]. 2019;16(1 (58) ):29-42. Available from: https://sid.ir/paper/83789/en

IEEE: Copy

A. TAVAKOLI KASHANI, Z. Sartibi, and M. AFSHARIPOUR, “The Model of Simultaneous Effects of Two Economic Macroscale Variables, GDP and Gasoline Price, on Road Traffic Fatalities by Panel Data,” JOURNAL OF TRANSPORTATION RESEARCH, vol. 16, no. 1 (58) , pp. 29–42, 2019, [Online]. Available: https://sid.ir/paper/83789/en

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