Economics at your fingertips  

Valuing Public Investments to Support Bicycling

Thomas Götschi and Beat Hintermann ()

Swiss Journal of Economics and Statistics (SJES), 2014, vol. 150, issue IV, 297-329

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 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.

Keywords: Cost-benefit analysis; health impact assessment; bicycle; valuation; internal cost; health benefit; VSL (search for similar items in EconPapers)
JEL-codes: H43 H76 Q51 R41 R42 (search for similar items in EconPapers)
Date: 2014
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed

Downloads: (external link) (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link:

Access Statistics for this article

Swiss Journal of Economics and Statistics (SJES) is currently edited by Rafael Lalive

More articles in Swiss Journal of Economics and Statistics (SJES) from Swiss Society of Economics and Statistics (SSES) Contact information at EDIRC.
Bibliographic data for series maintained by Peter Steiner ().

Page updated 2020-07-01
Handle: RePEc:ses:arsjes:2014-iv-2