The cost-effectiveness of bike lanes in New York City

In this article, the authors assess the cost-effectiveness of investing in bike lanes, using New York City's fiscal year 2015 as a case study. The authors use regression analysis to estimate miles of bike lanes constructed and to model the effect of additional lane miles on the expansion in bike ridership. They use a Markov model to estimate the cost-effectiveness of the bike lane construction. Their study considers reduced risk of injury and increased probability of ridership, costs of bike lane implementation and maintenance, and impact on physical activity and reduced pollution. The results of the study show that the investment in New York City is highly cost-effective, costing $1297 per individual quality-adjusted life year (QALY). Bicycle lanes are also found to reduce injury and death, promote exercise and reduce pollution. The authors conclude that investments in bicycle lanes are good value because of their simultaneous cost-effectiveness and impact on public health.

Language

  • English

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Filing Info

  • Accession Number: 01652405
  • Record Type: Publication
  • Files: TRIS
  • Created Date: Aug 15 2017 2:56PM