The social cost of road accidents in Spain

Roberto Pereira Moreira
Professor, Department of Foundations of Economic Analysis
Faculty of Economics of Vigo
University of Vigo

ABSTRACT
This work reflects on the costs for society with road accidents. The evaluation of the cost of fatal accidents depends on the availability of an estimate of the economic value of a statistical life. In particular it aims to quantify the socio-economic costs of traffic accidents in Spain. We care from an economic point of view of road safety, ie from the perspective of Cost-Benefit Analysis.

KEYWORDS
Road safety, Accident, Traffic, Cost accident, statistical life.