Estimation of socio-economic national losses as a result of road accidents in Russia

Every thirty minutes a person dies in a road traffic accident in Russia. Twenty five thousand people die annually, which is equivalent to the middle-populated city in the country. According to Traffic Police Statistics, much more people get wounded or disabled in road accidents. In order to reduce the number of deaths in car accidents it is necessary to implement specific measures, which require substantial public investment. Hence the relevance of more specific evaluation of socio-economic national losses arising because of death, disablement and traumatism in road traffic accidents. To make this possible, the authors have worked out the efficient methodology for estimating socio-economic national losses as a result of road accidents. According to our analysis, the total value of such losses equals 487.1 billion RUB in 2013.