TY - JOUR
T1 - Fuel prices and road accident outcomes in New Zealand
AU - Best, Rohan
AU - Burke, Paul J.
N1 - Publisher Copyright:
© 2018, © 2018 New Zealand Association of Economists Incorporated.
PY - 2019/5/4
Y1 - 2019/5/4
N2 - Recent years have seen a spike in New Zealand's road death toll, a phenomenon also seen in some other countries such as Australia. This paper analyses the short-run impact of fuel prices on road accident outcomes in New Zealand, including the numbers of road deaths, accidents, and injuries. Using data for the period 1989–2017, we find a negative relationship between fuel prices and key road-risk outcome variables, including the number of road deaths. There are similar results for models in levels and first differences. The number of serious injuries to cyclists tends to increase when fuel prices are high, however. Lower fuel prices appear to have contributed to New Zealand's recent uptick in road accidents, pushing against the long-term trend of improved road safety.
AB - Recent years have seen a spike in New Zealand's road death toll, a phenomenon also seen in some other countries such as Australia. This paper analyses the short-run impact of fuel prices on road accident outcomes in New Zealand, including the numbers of road deaths, accidents, and injuries. Using data for the period 1989–2017, we find a negative relationship between fuel prices and key road-risk outcome variables, including the number of road deaths. There are similar results for models in levels and first differences. The number of serious injuries to cyclists tends to increase when fuel prices are high, however. Lower fuel prices appear to have contributed to New Zealand's recent uptick in road accidents, pushing against the long-term trend of improved road safety.
KW - Fuel price
KW - road accident death
KW - road accident injury
UR - http://www.scopus.com/inward/record.url?scp=85057626148&partnerID=8YFLogxK
U2 - 10.1080/00779954.2018.1549093
DO - 10.1080/00779954.2018.1549093
M3 - Article
SN - 0077-9954
VL - 53
SP - 109
EP - 124
JO - New Zealand Economic Papers
JF - New Zealand Economic Papers
IS - 2
ER -