Economic Themes (2012) 50 (2) 8, 249-267


Bojan Baškot

Abstract: The aim of this paper is to describe the role and importance of transport for development of American cities, but also to explain and quantitatively assess the current negative impacts of automobile dependence in the economy. Research proves that the problem of automobile dependency is far more serious than material costs, and that traffic in many American cities becomes an obstacle to their economic development. This paper gives the analysis and quantitative estimation (OLS method, multiple regressions) of the impact of the most important traffic parameters on the economy of American cities.

Keywords:  actuarial present value; whole life insurance; deferred life insurance; term life insurance; endowment; whole life insurance and endowment combination

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