October 29, 2013, in the morning, Dr. Paul Burke from the Australian National University Crawford School of Public Policy visited our school and gave an academic report entitled “Gasoline prices and road fatalities: International evidence”. The report was hosted by teacher Liu Hua. Relevant teachers and students from the Energy and Environmental Policy Research Centre attended the meeting.
In the report , Dr. Paul Burke used panel data from 144 countries in 1991 to 2010 to analyze the corelation between gasoline prices and traffic mortality. By using a mixed -sectional regression equation, GDP, population structure, alcohol consumption, infant mortality, road infrastructure , and car ownership as the control variables, and the per capita crude oil reserves , the international crude oil prices as instrumental variables, he estimated oil price impact on traffic fatalities, and reached a conclusion that a 10% increase in crude oil prices reduces road fatality rate by 3 % -6 %.
