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Short‐ and long‐run impacts of gasoline price and macroeconomic factors on road traffic safety in Nigeria.

Authors :
Akinyemi, Yingigba C.
Source :
African Development Review / Revue Africaine de Développement. Sep2023, Vol. 35 Issue 3, p308-319. 12p.
Publication Year :
2023

Abstract

This paper examined the short‐ and long‐run impacts of gasoline price, macroeconomic factors and road length on road traffic crashes, injuries and fatalities in Nigeria. Annual data from 1995 to 2019 and autoregressive distributed lag approach were employed. Results suggest that gasoline price, per capita income, road length and population density significantly influence road safety outcomes. Gasoline price has a positive short‐run impact on crashes, injuries, and fatalities contrary to findings in developed countries. Road crashes tend to decrease when income increases in the short term. Population density leads to improvement in road safety outcomes while road length exacerbates it. Government's policy on gasoline price increase could worsen road safety outcomes unless it is accompanied by improvement in road infrastructure, safe public transport and economic growth, [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
10176772
Volume :
35
Issue :
3
Database :
Academic Search Index
Journal :
African Development Review / Revue Africaine de Développement
Publication Type :
Academic Journal
Accession number :
171918224
Full Text :
https://doi.org/10.1111/1467-8268.12710