Valuing public investments to support bicycling
Project funded by own resources
Project title Valuing public investments to support bicycling
Principal Investigator(s) Hintermann, Beat
Organisation / Research unit Departement Wirtschaftswissenschaften / Public Economics / Public Finance (Hintermann)
Project start 01.01.2013
Probable end 01.12.2014
Status Completed
Abstract

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 increases the benefits from infrastructure investments but also implies that there is scope for “soft” measures that inform users about health benefits of bicycling.

Keywords Cost-benefit analysis, health impact assessment, bicycle, valuation, internal cost, health benefit, VSL
Financed by University funds

Published results ()

  ID Autor(en) Titel ISSN / ISBN Erschienen in Art der Publikation
2736410  Götschi, Thomas; Hintermann, Beat  Valuing public investments to support bicycling  0303-9692  Swiss journal of economics and statistics  Publication: JournalArticle (Originalarbeit in einer wissenschaftlichen Zeitschrift) 
   

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