Research Pays Off: Bikeways to Prosperity: Assessing the Economic Impact of Bicycle Facilities

An economic impact analysis was conducted to determine if the benefits gained from North Carolina's extensive network of bicycle facilities would justify investment in additional facilities throughout the state. The current network of bicycle facilities consists of 55 miles of wide paved shoulders and multiuse pathways on the northern Outer Banks. It was found that the annual economic impact of $60 million and 1,407 jobs supported is a reasonable but conservative estimate of the benefits. The estimate compares favorably with the $6.7 million in public funds invested in the construction of the bicycle facilities. The study suggests that public investment in a network of bicycle facilities in other coastal and resort areas could return similar benefits, whether the area attracts tourists primarily for bicycling or for other reasons.

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  • Authors:
    • Lawrie, Judson J
    • Norman, Thomas P
    • Meletiou, Mary
    • O'Brien, Sarah W
  • Publication Date: 2006-1

Language

  • English

Media Info

  • Media Type: Print
  • Features: Figures; Photos;
  • Pagination: pp 32-33
  • Serial:
    • TR News
    • Issue Number: 242
    • Publisher: Transportation Research Board
    • ISSN: 0738-6826

Subject/Index Terms

Filing Info

  • Accession Number: 01022900
  • Record Type: Publication
  • Files: TRIS, TRB
  • Created Date: Apr 21 2006 2:01PM