Estimating Productivity Loss Cost according to Severity of Vehicle Crash Injury
Joint Authors
Source
Journal of Advanced Transportation
Issue
Vol. 2019, Issue 2019 (31 Dec. 2019), pp.1-14, 14 p.
Publisher
Hindawi Publishing Corporation
Publication Date
2019-12-12
Country of Publication
Egypt
No. of Pages
14
Main Subjects
Abstract EN
This study estimates the productivity loss cost according to the severity of vehicle crash injury.
A contingent valuation survey was conducted to estimate the willingness to pay (WTP) of vehicle crash offenders in Taiwan.
In addition, a Double-Hurdle model was used to deal with the large number of zero WTP responses.
The results show that the estimated productivity loss cost of vehicle crash ranges from 2,000 USD to 47,000 USD.
In addition, as expected, the individuals’ WTP is positively related with education, average monthly income, share of vehicle crash responsibility, experience of moderate or worse vehicle crash injury, work days lost after a vehicle crash, and experience of receiving compensation for productivity loss from a vehicle crash.
This study also demonstrates that the Double-Hurdle model was statistically superior to the Tobit model.
American Psychological Association (APA)
Jou, Rong-Chang& Chen, Tzu-Ying. 2019. Estimating Productivity Loss Cost according to Severity of Vehicle Crash Injury. Journal of Advanced Transportation،Vol. 2019, no. 2019, pp.1-14.
https://search.emarefa.net/detail/BIM-1170078
Modern Language Association (MLA)
Jou, Rong-Chang& Chen, Tzu-Ying. Estimating Productivity Loss Cost according to Severity of Vehicle Crash Injury. Journal of Advanced Transportation No. 2019 (2019), pp.1-14.
https://search.emarefa.net/detail/BIM-1170078
American Medical Association (AMA)
Jou, Rong-Chang& Chen, Tzu-Ying. Estimating Productivity Loss Cost according to Severity of Vehicle Crash Injury. Journal of Advanced Transportation. 2019. Vol. 2019, no. 2019, pp.1-14.
https://search.emarefa.net/detail/BIM-1170078
Data Type
Journal Articles
Language
English
Notes
Includes bibliographical references
Record ID
BIM-1170078