TRAFFIC ACCIDENT COSTING FOR THAILAND

Pipat THONGCHIM, Pichai TANEERANANON, Paramet LUATHEP, Phayada PRAPONGSENA
2007
This paper presents the results of Thailand study of traffic accident costing. Five provinces are selected as representatives for north-eastern, northern, middle, southern region and the capital city. They are Khon Kaen, Lampang, Nakhonsawan, Songkhla, and Bangkok. The Human Capital Method (HCM) is adopted for the 2004 study in which 13,766 people were killed. The cost components are grouped into three categories thus: human category comprising loss of productivity, medical treatment, long term
more » ... care, quality of life and emergency service; property damage category comprising vehicle and non-vehicle damages; and general traffic accident category comprising insurance, police administration, judicial, emergency rescue services and travel delay. Further, all estimated costs are computed for four levels of casualty and accident severities. The total costs of traffic accident in Thailand for the year 2004 are estimated at 153,755 million baht (approximately US$ 3,460 million).
doi:10.11175/eastpro.2007.0.374.0 fatcat:o6rmpszatbgmbmufgnwq6k3rm4