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On Ya Bike? A Review of the Christchurch Cycleway Network Business Case

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Transport consulting firm QTP Ltd has estimated that the proposed Christchurch cycleway network provides $8 of economic benefits for every dollar invested; i.e., a benefitcost ratio (BCR) of 8.0. As a result, the Christchurch City Council has labelled the network’s business case as “proven”. However, this “proven” business case has been the subject of precisely zero public scrutiny. We provide that scrutiny and find, in contrast to QTP, that the cycleway network is a doubtful proposition from an economic efficiency perspective, having an estimated BCR in the 0.7-1.6 range, at best.

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  • Glenn Boyle & James Hill, 2016. "On Ya Bike? A Review of the Christchurch Cycleway Network Business Case," Working Papers in Economics 16/27, University of Canterbury, Department of Economics and Finance.
    • Handle: RePEc:cbt:econwp:16/27
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    File URL: https://repec.canterbury.ac.nz/cbt/econwp/1627.pdf
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    1. Flyvbjerg,Bent & Bruzelius,Nils & Rothengatter,Werner, 2003. "Megaprojects and Risk," Cambridge Books, Cambridge University Press, number 9780521009461, September.
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    More about this item

    Keywords

    Christchurch; cycleway; benefit-cost; transportation;
    All these keywords.

    JEL classification:

    • D61 - Microeconomics - - Welfare Economics - - - Allocative Efficiency; Cost-Benefit Analysis
    • L92 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Railroads and Other Surface Transportation
    • O18 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure
    • R40 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Transportation Economics - - - General
    • R42 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Transportation Economics - - - Government and Private Investment Analysis; Road Maintenance; Transportation Planning

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