Artikel

Valuing Public Investments to Support Bicycling

We develop a framework for assessing the net benefits of investments to promote bicycling, which explicitly accounts for internal costs of bicycling. We apply our model to eight Swiss cities using data from the Swiss national travel survey and find that increasing the level of bicycling by reducing internal costs leads to inframarginal benefits that exceed the net benefits from the additional bicycling. We further find that Swiss cyclists only partially internalize health benefits, which affects the benefits from infrastructure investments but also implies that there is scope for "soft" measures that would inform users about health benefits of bicycling.

Language
Englisch

Bibliographic citation
Journal: Swiss Journal of Economics and Statistics ; ISSN: 2235-6282 ; Volume: 150 ; Year: 2014 ; Issue: 4 ; Pages: 297-329 ; Heidelberg: Springer

Classification
Wirtschaft
Project Evaluation; Social Discount Rate
State and Local Government: Other Expenditure Categories
Valuation of Environmental Effects
Transportation: Demand, Supply, and Congestion; Travel Time; Safety and Accidents; Transportation Noise
Transportation Economics: Government and Private Investment Analysis; Road Maintenance, Transportation Planning
Subject
Cost-benefit analysis
health impact assessment
bicycle
valuation
internal cost
health benefit
VSL

Event
Geistige Schöpfung
(who)
Götschi, Thomas
Hintermann, Beat
Event
Veröffentlichung
(who)
Springer
(where)
Heidelberg
(when)
2014

DOI
doi:10.1007/BF03399409
Handle
Last update
10.03.2025, 11:45 AM CET

Data provider

This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.

Object type

  • Artikel

Associated

  • Götschi, Thomas
  • Hintermann, Beat
  • Springer

Time of origin

  • 2014

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