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The value of time and external benefits in bicycle cost-benefit analyses
KTH, Skolan för arkitektur och samhällsbyggnad (ABE), Centra, Centrum för transportstudier, CTS.ORCID-id: 0000-0001-9235-0232
KTH, Skolan för arkitektur och samhällsbyggnad (ABE), Transporter och samhällsekonomi (stängd 20110301), Transport och lokaliseringsanalys (stängd 20110301). KTH, Skolan för arkitektur och samhällsbyggnad (ABE), Centra, Centrum för transportstudier, CTS.ORCID-id: 0000-0003-1789-9238
2010 (engelsk)Inngår i: Proceedings of the 2010 World Conference on Transport Research, Lisbon, Portugal, 2010Konferansepaper, Publicerat paper (Fagfellevurdert)
Abstract [en]

We estimate the value of time gains, different cycling environments and additional benefits in cost-benefit analysis of cycling investments. Cyclists’ value of travel time savings turns out to be high, considerably higher than the value of time savings on alternative modes. Cyclists also value other improvements highly, such as separated bicycle lanes. As to additional benefits of cycling improvements in the form of health and reduced car traffic, our results do not support the notion that these will be a significant part in a cost-benefit analysis, contrary to some earlier studies and beliefs. As to health effects, cyclists seem to take these largely into account when making their travel choices, so it would be double-counting to add total health benefits to the analysis once the consumer surplus has been correctly calculated. As to reductions in car traffic, our results indicate that the cross-elasticity between car and cycle is low, and hence benefits from traffic reductions will be small. However, the valuations of improved cycling speeds and comfort are so high that it seems likely that improvements for cyclists are cost-effective compared to many other types of investments, without having to invoke second-order, indirect effects. In other words, the bicycle is perfectly able to be viewed as a competitive mode of travel, rather than primarily a means to achieve improved health or reduced car traffic.

sted, utgiver, år, opplag, sider
Lisbon, Portugal, 2010.
HSV kategori
Identifikatorer
URN: urn:nbn:se:kth:diva-77191OAI: oai:DiVA.org:kth-77191DiVA, id: diva2:491415
Konferanse
12th World Conference on Transport Research Society, WCTRS 2010. Lisbon, Portugal. July 11-15, 2010
Merknad
TSC import 113 2012-02-06. QC 20120419Tilgjengelig fra: 2012-02-06 Laget: 2012-02-06 Sist oppdatert: 2012-04-19bibliografisk kontrollert

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