Estimating the costs of political populism: Traffic violation pardons in Korea

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Since 1995, four presidents have granted six traffic violation pardons in Korea, and 24.6 million individuals have been the beneficiaries of these pardons. The objective of this paper is to explore how costly traffic violation pardons are by finding out the effects of traffic violation pardons on traffic accidents, and then estimating the economic costs caused by traffic violation pardons. Traffic violation pardons have the effect of raising traffic accidents by 4.3% and 3.6% per year and the economic costs of traffic accidents by 4.2% and 3.5% per year for two consecutive years after the pardons are granted. (C) 2012 Elsevier Ltd. All rights reserved.
Publisher
PERGAMON-ELSEVIER SCIENCE LTD
Issue Date
2012-11
Language
English
Article Type
Article
Keywords

ACCIDENTS

Citation

TRANSPORTATION RESEARCH PART A-POLICY AND PRACTICE, v.46, no.9, pp.1449 - 1457

ISSN
0965-8564
DOI
10.1016/j.tra.2012.07.003
URI
http://hdl.handle.net/10203/250879
Appears in Collection
MG-Journal Papers(저널논문)RIMS Journal Papers
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