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[Methodologies for estimating the indirect costs of traffic accidents]
Soledad Carozzi1, María Eugenia Elorza, Nebel Silvana Moscoso
1Departamento de Economía, Universidad Nacional del Sur, Bahía Blanca, Buenos Aires, Argentina. soledadcarozzi@gmail.com.
Background:
Traffic accidents generate multiple costs to society, including those associated with the loss of productivity. However, there is no consensus about the most appropriate methodology for estimating those costs. The aim of this study was to review methods for estimating indirect costs applied in crash cost studies.
Methods:
A thematic review of the literature was carried out between 1995 and 2012 in PubMed with the terms cost of illness, indirect cost, road traffic injuries, productivity loss.
Results:
For the assessment of costs we used the the human capital method, on the basis of the wage-income lost during the time of treatment and recovery of patients and caregivers. In the case of premature death or total disability, the discount rate was applied to obtain the present value of lost future earnings. The computed years arose by subtracting to life expectancy at birth the average age of those affected who are not incorporated into the economically active life.
Conclusions:
The interest in minimizing the problem is reflected in the evolution of the implemented methodologies. We expect that this review is useful to estimate efficiently the real indirect costs of traffic accidents.
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