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)|
|Number of pages||17|
|Journal||Journal of Transport Economics and Policy|
|State||Published - Jan 1 1997|
ASJC Scopus subject areas
- Economics and Econometrics
- Management, Monitoring, Policy and Law