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Economic Determinants of Driver's Behavior in Minas Gerais

Author

Listed:
  • Claudio Djissey Shikida

    (IBMEC-MG)

  • Guilherme de Castro

    (Polícia Rodoviária Federal - Brasil)

  • Ari Francisco de Araujo Jr.

    (IBMEC-MG)

Abstract

The aim of the paper is to evaluate the behavior of drivers when they face a safe-traffic environment. Some studies suggest that the laws that demand auto makers to produce safer vehicles also stimulate their drivers to drive carelessly, since the cost of driving carefully decreases. Likewise, a safer traffic environment or less dangerous surroundings can stimulate drivers to drive more aggressively and less carefully. This study tries to test whether the undesirable behavior described by Peltzman (1975) is observed on the highways and roads of the State of Minas Gerais, Brazil. Estimates based on data found in the Brazilian Federal Road Police's accident report databank confirm drivers'' lack of attention in safer environments. The results suggest that careless behavior in traffic increases when safer conditions prevail.

Suggested Citation

  • Claudio Djissey Shikida & Guilherme de Castro & Ari Francisco de Araujo Jr., 2008. "Economic Determinants of Driver's Behavior in Minas Gerais," Economics Bulletin, AccessEcon, vol. 8(10), pages 1-7.
    • Handle: RePEc:ebl:ecbull:eb-08h80001
    as

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    References listed on IDEAS

    as
    1. Traynor, Thomas L, 1993. "The Peltzman Hypothesis Revisited: An Isolated Evaluation of Offsetting Driver Behavior," Journal of Risk and Uncertainty, Springer, vol. 7(2), pages 237-247, October.
    2. repec:ebl:ecbull:v:18:y:2004:i:3:p:1-7 is not listed on IDEAS
    3. Tito Moreira & Adolfo Sachsida & Loureiro Paulo, 2004. "Traffic accidents: an econometric investigation," Economics Bulletin, AccessEcon, vol. 18(3), pages 1-7.
    4. Peltzman, Sam, 1975. "The Effects of Automobile Safety Regulation," Journal of Political Economy, University of Chicago Press, vol. 83(4), pages 677-725, August.
    5. Russell S. Sobel & Todd M. Nesbit, 2007. "Automobile Safety Regulation and the Incentive to Drive Recklessly: Evidence from NASCAR," Southern Economic Journal, John Wiley & Sons, vol. 74(1), pages 71-84, July.
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    More about this item

    JEL classification:

    • H8 - Public Economics - - Miscellaneous Issues
    • D6 - Microeconomics - - Welfare Economics

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