Is the widespread use of urban land for cycling promotion policies cost effective? A Cost-Benefit Analysis of the case of Seville

Cycling promotion has without doubt been the most intensive policy seen in Seville in the 21 st century as far as the use of public land is concerned. In the current context, economic tools need to be applied to rigorously assess the efficiency and economic rationality of cycling infrastructure investments. This article provides a Cost-Benefit Analysis to estimate the economic and social returns on investments from the construction of a bicycle lane network in the city of Seville (Spain). This kind of studies tries to contribute to mitigating the degree of conflict associated with a land policy that breaks with the traditional status quo. The case study is especially relevant due to the successful public policy implemented in recent years to transform the Seville's urban mobility model into a sustainable system. Based on fieldwork with two survey campaigns conducted among the different cyclist profiles (private bicycle users and public bicycle sharing system users), we analyze two major effects: modal change and changes in journey time. Our robust findings, subjected to a sensitivity analysis, point to the remarkable economic benefits of the bicycle promotion policy in Seville, with significant savings in travel times, vehicle use and infrastructure maintenance, health, traffic accidents, and air pollution for both cyclists and society as a whole. (C) 2017 Elsevier Ltd. All rights reserved.