Abstract
The objective of this research paper is to examine and assess the correlation between the economic expansion of European Union member states and the escalating rate of motorization, which subsequently leads to road accidents resulting in significant loss of life and injury. A statistical analysis of economic growth, the rate of motorization, and road incidents in EU member states from 2010 to 2020 constitutes the research methodology. The research paper employs a quantitative approach to analysis and comparison. The research paper demonstrates how an increase in the number of motor vehicles in EU member states contributes to road accidents and human mortality. Varying degrees of economic development are associated with disparities between the rate of motorization expansion and the decline in fatalities. Because the rate of increase in motor vehicle usage surpasses the decline in fatalities per motor vehicle at low-income levels. At increased levels of income, the opposite occurs. Practical Implications: This research paper illustrates the importance for road traffic safety authorities to be aware of safety performance indicators and to incorporate them into legislative deliberations in order to bolster the European Union’s “zero victims” objective and provide enhanced protection for motor vehicle accident victims. Originality – This paper examines the correlation between motorization rates and fatalities in various EU member states with varying degrees of economic development over the past few decades.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.