Review article

Estimating human capital loss due to traffic-related death








The article presents new approaches to the estimation of losses from death of people in road traffic accidents on the basis of the income method of measuring human capital. The authors have developed an economic and mathematical model for measuring human capital lost as a result of road traffic accidents during a certain period. The model is based on the evaluation of human capital by the income curve, taking into account the age and level of education indicators. On the basis of the conducted research, the article describes the advantages of the proposed method as a method that allows diverting from industrial losses, as losses of the state, to the assessment that would include social losses due to death in road traffic accidents. The results of calculations according to the proposed method give a higher estimate of losses, the price that the state pays for death of its citizens on the roads, than official sources using existing methods.


Karpova G. V. Saint Petersburg State University of Architecture and Civil Engineering

Julmukhamedova G. A. «ERG Group», Kazakhstan

Links to authors' articles: