Cost estimates were generated for traffic crashes and index crimes by leading experts in the fields of economics of traffic crashes and crime. These were applied to 1993 Michigan crash and index crime incidence data to estimate dollar losses from crashes and index crimes for each county in the state, as well as for the state as a whole. Findings from the present study indicate that, in 1993, index crimes in Michigan resulted in $1.9 billion in monetary costs and $5.0 billion in total costs (monetary and nonmonetary quality of life costs). Total costs for index crimes translate into $532 per state resident and $1,315 per tax return filed. In 1993, traffic crashes in Michigan resulted in $4.5 billion in monetary costs and $12.1 billion in total costs (monetary and nonmonetary quality of life costs). Total costs for traffic crashes translate into $1,282 per state resident and $3,166 per tax return filed. Costs for traffic crashes in 1993 were more than twice as high as comparable costs for index crimes. Based on dollar losses to the state, the magnitude of the problem of traffic crashes clearly exceeded that of index crimes in Michigan in 1993.


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    Title :

    Societal Costs of Traffic Crashes and Crime in Michigan: A Four-Year Update


    Contributors:
    F. M. Streff (author) / L. J. Molnar (author)

    Publication date :

    1994


    Size :

    196 pages


    Type of media :

    Report


    Type of material :

    No indication


    Language :

    English




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