Scientific paper ID 1315 : 2016/3

This paper aims to examine some aspects of the economic consequences of road accidents in Bulgaria. It provides a review of the strategic documents in support of improving the safety of traffic and bringing data from different sources about the amount of damages from catastrophes for the Bulgarian economy as a percentage of GDP.Statistical data about the victims and injured as a result ff road accidents are presented. The accent is on the ”Crash cost” method for classifying and determining the amount of market and non-market costs caused by road accidents through ”Crash cost distribution”. As far as market costs are referred to, three main groups of factors are defined including their influence over the allocation of road accident damages. There are also non-market costs, which have an indirect impact on the economy. Theresults obtained from the application of the method for research purposed conducted in the EU in 2003 are reported. Cited are both Bulgarian and foreign print and electronic sources.