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The Effects of Safety Practices, Technology Adoption, and Firm Characteristics on Motor Carrier Safety by Sarah J

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  • Dammen, Sarah J.

Abstract

Theory of the firm suggests that firms should maximize profit by investing in safety until the marginal cost is equal to the marginal benefit. This paper tests the relationship between firm safety performance and safety practices, safety technologies, and firm marketing strategies. By testing the impact of the safety performance marketing strategy on carrier crash rates, it can be shown that firm managers have control over the safety performance of their firm through management decisions.

Suggested Citation

  • Dammen, Sarah J., 2004. "The Effects of Safety Practices, Technology Adoption, and Firm Characteristics on Motor Carrier Safety by Sarah J," 45th Annual Transportation Research Forum, Evanston, Illinois, March 21-23, 2004 208248, Transportation Research Forum.
    • Handle: RePEc:ags:ndtr04:208248
    DOI: 10.22004/ag.econ.208248
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    References listed on IDEAS

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    1. Kees Jan Van Garderen & Chandra Shah, 2002. "Exact interpretation of dummy variables in semilogarithmic equations," Econometrics Journal, Royal Economic Society, vol. 5(1), pages 149-159, June.
    2. Kerkvliet, Joe & McMullen, B Starr, 1997. "The Impact of Unionization on Motor Carrier Costs," Economic Inquiry, Western Economic Association International, vol. 35(2), pages 271-284, April.
    3. Kennedy, Peter E, 1981. "Estimation with Correctly Interpreted Dummy Variables in Semilogarithmic Equations [The Interpretation of Dummy Variables in Semilogarithmic Equations]," American Economic Review, American Economic Association, vol. 71(4), pages 801-801, September.
    4. Golbe, Devra L, 1986. "Safety and Profits in the Airline Industry," Journal of Industrial Economics, Wiley Blackwell, vol. 34(3), pages 305-318, March.
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