Abstract
A cost-benefit analysis is conducted of two federal programmes to improve truck safety. One involves visits by federal inspectors to the operating bases of firms to investigate safety management practices. A rating system is used to determine whether further visits are necessary, and whether enforcement and educational action are needed. The benefits from this programme exceed the costs by 4:1. The other programme is a system of roadside inspections to check for compliance with federal safety laws. Vehicles and/or drivers that fail to comply are placed "out of service" until the problem is corrected. For this programme the benefit-cost ratio is much smaller.
| Original language | English (US) |
|---|---|
| Pages (from-to) | 51-67 |
| Number of pages | 17 |
| Journal | Journal of Transport Economics and Policy |
| Volume | 31 |
| Issue number | 1 |
| State | Published - Jan 1 1997 |
ASJC Scopus subject areas
- Transportation
- Economics and Econometrics
- Management, Monitoring, Policy and Law