TY  - JOUR
AU  - White,Michelle J.
TI  - The "Arms Race" on American Roads: The Effect of Heavy Vehicles on Traffic Safety and the Failure of Liability Rules
JF  - National Bureau of Economic Research Working Paper Series
VL  - No. 9302
PY  - 2002
Y2  - November 2002
UR  - http://www.nber.org/papers/w9302
L1  - http://www.nber.org/papers/w9302.pdf
N1  - Author contact info:
Michelle J. White
Department of Economics
University of California, San Diego
La Jolla, CA  92093-0508
Tel: 858/534-2783
Fax: 858/534-7040
E-Mail: miwhite@ucsd.edu
M2  - featured in NBER digest on 2003-06-01
AB  - Drivers have been running an 'arms race' on American roads by buying increasingly heavy vehicles such as SUVs, vans and light trucks.   Families view large vehicles as  providing better protection to their own occupants if a crash occurs, but these vehicles pose an increased danger to occupants of smaller vehicles and to pedestrians and bicyclists.  This paper measures both the beneficial internal effect and the negative external effect of heavier vehicles.  The main result is that when drivers replace cars with light trucks, 3,700 additional crashes per year involving fatalities of smaller vehicle occupants, pedestrians and bicyclists occur, while only 1,400 crashes involving fatalities of light truck occupants are avoided, i.e., the ratio of negative external effects to positive internal effects is 2« to 1.  The paper argues that none of the existing traffic laws or institutions forces drivers of heavy vehicles to take account of their negative external effects.
ER  -