Evaluating Automobile Inspection Policy Using Auto Insurance Data.
This paper examines the effect of mandatory periodic safety inspections on traffic accident rates. Using a data set of more than 15,000 auto insurance policyholders in Japan, we investigate the relationship between car age and accident rates and find little evidence that accident rates decline due t...
| Published in: | Contemporary Economic Policy Vol. 27; no. 2; pp. 200 - 216 |
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| Format: | Article |
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Wiley-Blackwell
April 2009
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| Online Access: | View this record in EBSCOhost |
| fields | @attributes: recordID: 1 pdfLink: plink: https://search.ebscohost.com/login.aspx?direct=true&db=ssf&AN=510785329&site=ehost-live header: @attributes: shortDbName: ssf uiTerm: 510785329 longDbName: Social Sciences Full Text (H.W. Wilson) uiTag: AN controlInfo: bkinfo: jinfo: jid: 10743529 CEY jtl: Contemporary Economic Policy issn: 10743529 maglogo: N pubinfo: dt: April 2009 vid: 27 iid: 2 pid: 480 pub: Wiley-Blackwell artinfo: ui: 510785329 10.1111/j.1465-7287.2008.00108.x ppf: 200 ppct: 16 formats: fmt: – @attributes: type: T – @attributes: type: P size: 1.2MB tig: atl: Evaluating Automobile Inspection Policy Using Auto Insurance Data. aug: au: Saito, Kuniyoshi su: Automobiles -- Inspection Traffic accidents Mathematical models sug: subj: Automobiles -- Inspection Traffic accidents Mathematical models keyword: Insurance, Automobile -- Japan ab: This paper examines the effect of mandatory periodic safety inspections on traffic accident rates. Using a data set of more than 15,000 auto insurance policyholders in Japan, we investigate the relationship between car age and accident rates and find little evidence that accident rates decline due to safety inspections, specifically in the inspection year. The result holds, even if we take the heterogeneity across drivers into account, and is robust to various parametric and nonparametric procedures. We conjecture that our results are obtained (a) because most motor vehicle accidents are not caused by mechanical failures and (b) because government regulations impose too strict and frequent inspections on car owners in Japan. (JEL C14, K32, L51, L98, R41) Reprinted by permission of the publisher. pubtype: Academic Journal doctype: Article src: R language: English refInfo: copyright: @attributes: flag: N holdings: @attributes: islocal: N |
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