Several days ago (it seems much longer time ago as I was 14 hours ahead in Asia / time zone) I posted some comments on the very old debate of Cars vs Bikes, which comments were instigated by the release of the documentary with same name. As I stated in the previous posting, the debate rages on…So might as well add some more data and references on the topic in case you stumble across this blog.
One of the observations I made is that bikes in general are good for the economy – as they save $$$ otherwise spent on fuel, reduce pollution, assist in exercise – thus increasing the productivity of the riders….And now we have additional research pointing to bicycle (and foot) traffic actually increasing economic activity (the fancy term for otherwise said “shopping”). The research was done by the University of Denver graduate student Stephen Rijo – the study shows (please see page 75 through page 95) that after Denver implemented bike lanes and bike friendly infrastructure on Larimer street in the city in October 2011, in the three subsequent years, sales and tax revenue increased 40%+ each year (41% to 71%); The study PDF is available here; Here is one of the example graphs from the study – courtesy of the research
Interesting findings – right? I firmly believe we can find further similar examples of how biking and bike culture in cities can boost economic activity besides contributing to a healthier population.