Economic appraisal of local walking and cycling routes

'No-change' scenarios were compared with 'with-intervention' scenarios in three case studies to examine the benefits and costs of local walking and cycling projects in Hartlepool, Bootle, and Sussex, UK. Four measures of the impact of an intervention were generated: cyclists and walkers; new individuals cycling or walking; car kilometres saved; and commuter trips generated. Projected usage of routes in the 'with intervention' scenarios was based on data collected on the route either side of the period when the intervention was made. The calculated value of each scheme was the net present value over the 60-year appraisal period at a 3.5% discount rate. The value of benefits related to physical fitness, reduced absenteeism, journey ambience, rate of accidents, travel time, and fuel tax revenues were calculated. The benefit to cost ratios for the three schemes were in the range 14.9-29.3. The overall impacts of each scheme are summarised in four tables: public accounts table, economic efficiency of the transport system, appraisal summary table, and analysis of monetised costs and benefits.

• Corporate Authors:

  SUSTRANS

  35 KING STREET
  BRISTOL,   United Kingdom  BS1 4DZ
• Publication Date: 2006

Language

• English

Media Info

• Pagination: unpaginated

Subject/Index Terms

• TRT Terms: Benefit cost analysis; Bicycling; Costs; Cyclists; Economics; Fuels; Health; Pedestrians; Safety; Taxes; Transportation; Travel time; Walking; Work trips
• Geographic Terms: United Kingdom
• ITRD Terms: 224: Cost; 226: Cost benefit analysis; 759: Cycling; 1742: Cyclist; 263: Economics of transport; 3850: Fuel; 2144: Health; 697: Journey time; 621: Journey to work; 1733: Pedestrian; 1665: Safety; 268: Tax; 8119: United Kingdom; 758: Walking
• Subject Areas: Economics; Energy; Operations and Traffic Management; Safety and Human Factors; Transportation (General); I10: Economics and Administration; I70: Traffic and Transport;

Filing Info

• Accession Number: 01076321
• Record Type: Publication
• Source Agency: Transport Research Laboratory
• Files: ITRD
• Created Date: Sep 18 2007 10:50AM