Analysis of the Car Accident Indexes in Spain: A Multiple Time Series Approach |
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Authors: | Antonio Garcia-Ferrer Juan del Hoyo |
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Institution: | Departamento de Econometri'a , Universidad Autonoma de Madrid , Cantoblanco, 28033, Madrid , Spain |
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Abstract: | The main objective of this article is to specify and estimate a model for the car accident rates in Spain to improve input for the decision-making process for insurance companies and provide useful information for traffic authorities. The prediction performance of the model is also analyzed in an attempt to verify the improvement in prediction that takes place when more elaborate models are used. |
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Keywords: | Car accident rates Forecasting |
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