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Title: Research Pays Off: Bikeways to Prosperity: Assessing the Economic Impact of Bicycle Facilities
Accession Number: 01022900
Record Type: Component
Availability: Find a library where document is available Abstract: 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.
Supplemental Notes: Distribution, posting, or copying of this PDF is strictly prohibited without written permission of the Transportation Research Board of the National Academy of Sciences. Unless otherwise indicated, all materials in this PDF are copyrighted by the National Academy of Sciences. Copyright © National Academy of Sciences. All rights reserved
Language: English
Authors: Lawrie, Judson JNorman, Thomas PMeletiou, MaryO'Brien, Sarah WPagination: pp 32-33
Publication Date: 2006-1
Serial: Media Type: Print
Features: Figures
(1)
; Photos
(1)
TRT Terms: Geographic Terms: Subject Areas: Design; Economics; Highways; Pedestrians and Bicyclists; Planning and Forecasting; Society; Terminals and Facilities; I10: Economics and Administration; I21: Planning of Transport Infrastructure
Files: TRIS, TRB
Created Date: Apr 21 2006 2:01PM
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