Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/186043 
Year of Publication: 
2014
Citation: 
[Journal:] Swiss Journal of Economics and Statistics [ISSN:] 2235-6282 [Volume:] 150 [Issue:] 4 [Publisher:] Springer [Place:] Heidelberg [Year:] 2014 [Pages:] 297-329
Publisher: 
Springer, Heidelberg
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.
Subjects: 
Cost-benefit analysis
health impact assessment
bicycle
valuation
internal cost
health benefit
VSL
JEL: 
H43
H76
Q51
R41
R42
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by Logo
Document Type: 
Article

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