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Valuing public investments to support bicycling
JournalArticle (Originalarbeit in einer wissenschaftlichen Zeitschrift)
ID 2736410
Author(s) Götschi, Thomas; Hintermann, Beat
Author(s) at UniBasel Hintermann, Beat
Year 2014
Title Valuing public investments to support bicycling
Journal Swiss journal of economics and statistics
Volume 150
Number 4
Pages / Article-Number 297-329
Keywords Cost-benefit analysis, health impact assessment, bicycle, valuation, internal cost, health benefit, VSL

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.

Publisher Helbing und Lichtenhahn
ISSN/ISBN 0303-9692
Full Text on edoc Available

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