Researchers from National University of Singapore(NUS) analysed data from the largest taxi company in Singapore, which involved millions of observations on the company's drivers and taxis, and accidents involving these taxis.
Upon reviewing the data from about 4,175 yellow taxis and 12,525 blue taxis, the researchers found that yellow taxis have about 6.1 fewer accidents per 1,000 taxis per month.
Over the course of 40 years, a passenger will experience 1.1 accidents in a blue taxi, compared to one accident in a yellow taxi, which is a nine per cent reduction in accident rate, researchers said.
"The findings of our study suggest that colour visibility should play a major role in determining the colours used for public transport vehicles," he added
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Researchers also found that if a commercial decision is made to switch from blue to yellow taxis, 76.6 fewer accidents would occur per month or 917 fewer accidents per year.
"Our results are also noteworthy to smaller taxi companies and to drivers who use their private vehicles as taxis to work for private-hire car services," Hua said.