The economic impact of road traffic fatalities in Jamaica
In. Caribbean Public Health Agency. Caribbean Public Health Agency: 60th Annual Scientific Meeting. Kingston, The University of the West Indies. Faculty of Medical Sciences, 2015. p.[1-75]. (West Indian Medical Journal Supplement).
Monography
in English
| MedCarib
| ID: med-17945
Responsible library:
TT2.1
ABSTRACT
OBJECTIVE:
To estimate the economic cost of road traffic fatalities in Jamaica. DESIGN ANDMETHODS:
This study used the Gross Output Approach to estimate the economic cost of road traffic fatalities in Jamaica for 2012 and 2013. It entailed estimating the cost of loss of output, cost of medical treatment, cost of damage to vehicles and other property and administrative cost.RESULTS:
The fatalities per accident for 2012 and 2013 were 2.24 and 1.56 respectively. The average age of fatal accident victim is 39. With an average retirement age of 64, the average productive years lost is 26 years. Using an annual average wage of $1,021,488 in 2012 and $1,060,852 in 2013, the discounted loss of output per fatal crash in 2012 and 2013 is $42,131,733.1 and $30,472,454 respectively.CONCLUSION:
Estimates from 2012 and 2013 suggested that loss of output alone from road traffic crashes accounted for $42,131,733.1 and $30,472,454 respectively.
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Collection:
International databases
Database:
MedCarib
Main subject:
Accidents, Traffic
/
Fatal Outcome
/
Health Care Economics and Organizations
/
Jamaica
Type of study:
Health economic evaluation
Country/Region as subject:
English Caribbean
/
Jamaica
Language:
English
Journal:
West Indian Medical Journal Supplement
Year:
2015
Document type:
Monography