Economic evaluation of the impact of safe speeds : literature review.

Author(s)
Frith, W.J.
Year
Abstract

The Safe System approach to road safety implies the goal of removing fatal and serious injury crashes from our road network. This review addresses: • alternative ways of classifying roads in relation to speed, across the road network, compatible with the Safe System approach • how speed relates to crashes, fuel consumption and emissions • the values currently placed on the costs of serious and fatal crashes, travel time and fuel savings in the developed world • how on a macroscopic scale these values can be translated into greenhouse gas emissions savings • how these values relate in the cost—benefit analysis context under a Safe System approach to speed. Well attested relationships were found between speed and crashes. Safe System road types related to the maximum speeds above which serious or fatal injury would occur in various types of crashes. Internationally, valuation of crashes is mainly based on willingness-to-pay criteria. The values placed on time are constant unit values which is a less conservative approach as there are strong grounds for sometimes discounting the values of small time periods. Macroscopic fuel savings can be linked to greenhouse gas emissions with costs expressed as unit values per kilogram of emissions. (Author/publisher)

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Publication

Library number
20122719 ST [electronic version only]
Source

Wellington, New Zealand Transport Agency NZTA, 2012, 38 p., 67 ref.; NZ Transport Agency Research Report 505 - ISSN 1173-3764 (electronic) / ISBN 978-0-478-40701-3 (electronic)

Our collection

This publication is one of our other publications, and part of our extensive collection of road safety literature, that also includes the SWOV publications.