How Effective Is Automobile Safety Regulation?

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 Loeb 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 (youthful 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). © 1990, Taylor & Francis Group, LLC. All rights reserved.

Department(s)

Economics

International Standard Serial Number (ISSN)

1466-4283; 0003-6846

Document Type

Article - Journal

Document Version

Citation

File Type

text

Language(s)

English

Rights

© 2023 Taylor and Francis Group; Routledge, All rights reserved.

Publication Date

01 Jan 1990

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