Do cycle routes pay?

The demand for cycling has been reinvigorated through the United Kingdom government sustainable transport agenda which is advocating consistent growth leaving a latent demand that needs to be realised. Unfortunately sustainable transport, including walking and cycling, has been and continues to be a point of contention for developers and planners alike with respect to infrastructure improvements. One of the most difficult aspects hindering their uptake is the complexity of determining their fiscal valuation - exactly how much is a cycle route worth? i.e. what is the market value for services provided? With a view to developing a framework to underpin potential investment decisions, this study applies core economic principals and analysis methods to derive the potential value, and hence profitability, of cycle routes using an empirical example from Scotland. Previous work has looked into the recreational value of cycle routes in Scotland using the Glentress mountain biking facility and the present work provides an extension to this using the national cycling network. The reason for doing so is to evaluate the consumer value of existing facilities in order to (i) test the case for further network expansion and (ii) elucidate the extent of realisable business expansion potential along existing routes.

• Record URL:
  http://www.transport.uwe.ac.uk/cycling_and_society/candssymp.asp
• Authors:
  • Broadstock, D
  • Cummins, G
  • McAlpine, N
• Conference:
  • Cycling and Society Symposium, 5th, 2008, Bristol, United Kingdom
• Publication Date: 2008-9

Language

• English

Media Info

• Pagination: 11p
• Monograph Title: 5th Cycling and Society Symposium 8th and 9th September 2008, University of the West of England, Bristol

Subject/Index Terms

• TRT Terms: Bikeways; Economic analysis; Economics; Infrastructure; Investments; Profits; Transportation planning
• Uncontrolled Terms: Planning and Environment
• Geographic Terms: United Kingdom
• ATRI Terms: Bicycle network; Economic analysis; Infrastructure; Investment; Profit; Transport economics; Transport planning
• Subject Areas: Economics; Pedestrians and Bicyclists;

Filing Info

• Accession Number: 01386058
• Record Type: Publication
• Source Agency: ARRB
• Files: ATRI
• Created Date: Aug 22 2012 7:31PM