Acta Universitatis Lodziensis. Folia Oeconomica (Dec 2016)

Applying panel data models to estimate road safety in Poland 2001–2012

  • Anna Danuta Weszczak

DOI
https://doi.org/10.18778/0208-6018.325.01
Journal volume & issue
Vol. 5, no. 325

Abstract

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This paper presents econometric model for road safety in different regions of Poland in 2001–2012. The study is an attempt to indicate the socio-economic determinants of road safety. On the basic of literature and reports of institutions studied the issue and taking into account the data availability following variables were considered: the expenditure of local governments in Department 600 – Transportation and communication, roads quality, motorization rate, length of road network and share of heavy vehicles in all vehicles. The study was conducted for three different risk indictors: number of fatalities per 1 million inhabitants, number of fatalities per 1 million vehicles and number of fatalities per 100 road accidents. Panel data models – fixed effect model (FEM) and random effects model (REM) were used to estimate parameters of equation.

Keywords