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Globalization in road safety: explaining the downward trend in road accident rates in a single country (Israel)
1Department of Economics, The Hebrew University of Jerusalem, Mount Scopus, Israel. msbin@pluto.mscc.huji.ac.il
Abstract:
A theoretical model is proposed in which road safety in a single country depends upon parochial considerations, such as police enforcement, and upon global considerations, such as international road safety technology. We show that there is a non-spurious relationship between the downward trend in the rate of road accidents in Israel and the road accident rate abroad. We suggest that this reflects the international propagation of road safety technology as it is embodied in motor vehicles and road design, rather than parochial road safety policy. Recent developments in the econometric analysis of time series are used to estimate the model using data for Israel. We make no direct attempt to explain the downward trend in the rate of road accidents outside Israel.
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