ECONOMIC BURDEN OF ROAD TRAFFIC ACCIDENTS AND POOR ROAD QUALITY IN UZBEKISTAN

Andrey Artemenkov Lecturer, Department of Finance, Westminster International University in Tashkent (WIUT), Uzbekistan; email: a.djalilov@wiut.uz
Jamshid Sodikov Ph.D., MRICS, Senior Lecturer, Department of Finance, Westminster International University in Tashkent (WIUT), Uzbekistan; e-mail: aartemenkov@wiut.uz, achudakhin02@gmail.com
Abdulaziz Djalilov Doctor of science, Associate Professor, Highway Engineering Department, Tashkent State Transport University, Uzbekistan; e-mail: osmijam@gmail.com

Abstract

Using the latest available (2019) statistics, the authors develop estimates of the total economic costs of road traffic accidents (RTAs) for the Republic of Uzbekistan, with the analysis conducted at the regional level. The presented analysis relies on the cost-based human capital approach, with an admixture of transferred WTP estimates for the Value of Statistical Life. Our findings of the total economic loss of RTAs in Uzbekistan (about USD 200 mln annually if converted at the nominal exchange rate for sum, or 1.1% of the national GDP)1 place the RTA situation in the country at above-the-average compared to other countries in the low- and middle- income grouping and suggest that most of the accidents are due not so much to road infrastructure failures as the reckless driving culture prevalent among the local drivers. These findings are compared and contrasted with the more widely dispersed incremental annual vehicle operating costs in Uzbekistan associated with the existing road maintenance conditions. The obtained regional estimates for all the 14 regions of the country can be used for prioritizing regional directions of investment going into road improvement and construction.

Keywords:

Road safety, road traffic accidents (RTAs), economic loss from road crashes, road quality


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References


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