I opened up the morning paper today to see a story about the Surface Transportation Policy Partnership's ranking of the "most dangerous metro areas for pedestrians."
The local hook was how Raleigh (which is now a separate metropolitan entity from Durham) is the sixth-worst city for pedestrians according to the "pedestrian danger index." I went and downloaded the report this morning. Aside from providing a nice set of grisly statistics and anecdotes, the report argues that we ought to be spending more on pedestrian safety, particularly in newer Sun Belt cities that were built for the car and not the horse-and-buggy. Here are a couple of quick factoids for you:
-- Large city with the worst pedestrian fatality rate: Tampa, with 3.52 deaths per 100,000 each year.
-- By comparison, the average murder rate across all metropolitan areas is 4.6 per 100,000.
-- The "pedestrian death index" is the pedestrian fatality rate divided by the percent of workers who walk to work. So cities with a lot of walking college students (Raleigh would be one), tourists (Las Vegas, Orlando), or just plain leisurely strollers get a raw deal -- the miles traveled by pedestrians may be high, but if you're not walking to work, you don't count. At least they are normalizing by something, I guess.
Any economist would naturally want to evaluate the organization's policy claim: that investments in pedestrian safety would save lives. Let's do some back-of-the-envelope calculation here. First, let's do some causal inference with n=2: compare two cities that spend very different amounts on pedestrian safety and see what difference it makes in terms of fatalities:
Richmond, VA: $0.15 per person per year on safety, fatality rate 1.25 per 100,000
Providence, RI: $4.01 per person per year on safety, fatality rate 1.35 per 100,000
So if every city switched from being like Richmond to being like Providence, we'd save 1 life per million people each year. The cost, in terms of federal spending, would be $3.86 per person per year. That amounts to $3.86 million per life saved. Attaching a dollar value to saved lives is a controversial business, but most folks would agree that $3.86 million is a reasonable level of cost-effectiveness.
But wait! We haven't considered all the costs yet. The number one strategy for saving pedestrian lives is to slow down cars. You can do this with "traffic calming" road designs, etc. Suppose that among every 1 million people, 400,000 drive cars to work. Suppose further that switching from Richmond-style pedestrian protection to Providence-style protection means that drivers spend 1 extra minute per day commuting. Over 200 workdays, that's 80,000,000 extra minutes spent commuting. Now, suppose that people will pay $6 to reduce the amount of time spent commuting each year by 1 hour (a reasonable estimate, most transportation studies assume that people will pay one-half their hourly wage to cut their commute time by an hour). We then have to add $8 million to the cost of saving one pedestrian life. A cost of $11.86 million per life saved sounds a little bit less like a good deal. The same amount of money devoted to medical research or homicide prevention, for example, might accomplish much more.
We also shouldn't forget that idling cars (except hybrids) spew carbon dioxide and other noxious pollutants into the atmosphere. A quick calculation reveals that the extra 80 million minutes of idling per life saved results in an extra 8,800 tons of carbon dioxide emitted each year.
Ultimately, there can be little doubt that public investments could cut the number of pedestrian fatalities each year. There is much more doubt, however, about whether such investments really represent the best possible use of taxpayer dollars.