Sample selection in the estimation of air bag and seat belt effectiveness

Citation
Sd. Levitt et J. Porter, Sample selection in the estimation of air bag and seat belt effectiveness, REV ECON ST, 83(4), 2001, pp. 603-615
Citations number
35
Categorie Soggetti
Economics
Journal title
REVIEW OF ECONOMICS AND STATISTICS
ISSN journal
00346535 → ACNP
Volume
83
Issue
4
Year of publication
2001
Pages
603 - 615
Database
ISI
SICI code
0034-6535(200111)83:4<603:SSITEO>2.0.ZU;2-V
Abstract
Because data are collected for only fatal crashes, it is difficult to accur ately measure seat belt and air bag effectiveness. The use of safety device s influences survival rates which in turn determine whether a crash is incl uded in the sample, leading to sample selection bias, We propose a simple s olution to the selection problem: limiting the sample to crashes in which s omeone in a different vehicle dies. Empirically, we find seat belts more ef fective and air bags to be less effective than previously found. The cost p er life saved through seat belts is approximately $30,000, compared to $1.8 million for air bags.