Models for Estimating Human Capital Losses Due to Traffic-Related Deaths

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• 作者：Galina Karpova^a ; ^{gvk0101@mail.ru} ; Gul&rsquo ; zhan Julmukhamedova^b ; ^{gulyadzhul@hotmail.com}
• 关键词：Human capital losses ; road traffic death ; income-based method ; social aspect of estimation
• 刊名：Transportation Research Procedia
• 出版年：2017
• 出版时间：2017
• 年：2017
• 卷：20
• 期：Complete
• 页码：267-271
• 全文大小：157 K
• 卷排序：20

文摘

The article provides new approaches to estimating the losses caused b traffic-related deaths with the income-based method of measuring the human capital. We developed an economical and mathematical model for measuring the human capital which was lost in traffic accidents during a reporting period. The model is based on estimation of human capital according to the yield curve with regard to age and level of education. The article describes the benefits of the proposed method which bridges a gap between estimating the production losses as losses of the state and social losses caused by road traffic deaths. The calculation results show higher loss estimates - a price which is to be paid by the country for road fatalities of its citizens - than what is stated by the official reports based on existing techniques.