Börjesson, Maria; Eliasson, Jonas - CTS - Centre for Transport Studies Stockholm (KTH and VTI) - 2011
to additional benefits of cycling improvements in the form of health and reduced car traffic, our results do not support … analysis once the consumer surplus has been correctly calculated. As to reductions in car traffic, our results indicate that … the cross-elasticity between car and cycle is low, and hence benefits from traffic reductions will be small. However, the …