Citation

Hook W. Transp. Res. Rec. 1995; 1487: 16-21.

Copyright

(Copyright © 1995, Transportation Research Board, National Research Council, National Academy of Sciences USA, Publisher SAGE Publishing)

DOI

unavailable

PMID

unavailable

Abstract

The use of nonmotorized transportation (NMT) is not an indication of underdevelopment. Instead, higher levels of nonmotorized vehicle use can have a positive impact on economic growth. Extensive use of NMT may be one factor explaining higher domestic savings and investment rates in Asia, which in turn are related to the region's superior growth performance. Conversely, the relative lack of nonmotorized vehicle use in Africa may be related to lower levels of domestic savings and immobility among the poor. The availability of intermediate, appropriate transportation technologies has important economic advantages, which is demonstrated. The economic benefits of nonmotorized vehicle use are largely overlooked in most cost-benefit procedures because they ignore nonmotorized modes. The economic benefits of nonmotorized transport are investigated from macroeconomic and microeconomic perspectives.

Language: en

Keywords

Automobiles; Economics; Regression analysis; Bicycles; Nonmotorized transportation; Technology