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Valuing public investments to support bicycling

Götschi, Thomas and Hintermann, Beat. (2014) Valuing public investments to support bicycling. Swiss journal of economics and statistics, 150 (4). pp. 297-329.

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Official URL: http://edoc.unibas.ch/dok/A6319127

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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.
Faculties and Departments:06 Faculty of Business and Economics > Departement Wirtschaftswissenschaften > Professuren Wirtschaftswissenschaften > Public Economics / Public Finance (Hintermann)
UniBasel Contributors:Hintermann, Beat
Item Type:Article, refereed
Article Subtype:Research Article
Bibsysno:Link to catalogue
Publisher:Helbing und Lichtenhahn
ISSN:0303-9692
Note:Publication type according to Uni Basel Research Database: Journal article
Language:English
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Last Modified:31 Dec 2015 10:58
Deposited On:03 Jul 2015 08:53

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