Chapter
Sep 21, 2015

Road Traffic Accident Forecasts Based on Cointegration Analysis

Abstract

Road traffic fatalities account for the maximum portion of total production accident fatalities in China, although they exhibit steady annual reductions in recent years. Road traffic accident forecast is a core component of a target setting which proves to be an effective measure to improve road safety by the best-performing countries. In this paper, a traffic accident prediction model aimed to set road safety targets is proposed. Based on cointegration analysis of Chinese crash and economic data, the model avoids spurious regression and shows a satisfactory precision. The prediction results can be a good reference to policymakers on their target setting.

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Go to ICTE 2015
ICTE 2015
Pages: 2993 - 2998

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Published online: Sep 21, 2015

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Key Laboratory of Road and Traffic Engineering, Ministry of Education, School of Transportation Engineering, Tongji University, Shanghai, China. E-mail: [email protected]
Zhongyin Guo [email protected]
Key Laboratory of Road and Traffic Engineering, Ministry of Education, School of Transportation Engineering, Tongji University, Shanghai, China. E-mail: [email protected]

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