Valuing Public Investments to Support Bicycling

Abstract

Summary 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.

Cycling as a Part of Daily Life: A Review of Health Perspectives

“…commuters) may under-value this aspect (Gö tschi & Hintermann, 2014), which would present an opportunity for information campaigns on (the magnitude of) health benefits of cycling. The promise of health benefits, however, is unlikely to sway potential cyclists who currently perceive safety risks as too high a barrier; therefore, safety belongs in the focus of all bicycle promotion efforts.…”