1. VERMONT
Âź
AGENCY OF TRANSPORTATION
Economic Impact of
Bicycling and Walking
in Vermont
Economic & Public Meeting
EPR Policy Resources, Inc. March 15, 2012
Economists, Policy and Financial Analysts via Vermont Interactive Technologies
17. Avoided Transportation System Costs
ï§ Obtained per mile unit costs for each variableÂ
ï§ For example, consumer cost of vehicle ownershipÂ
per mile, public cost of air pollution per mile traveled
ï§ Applied unit costs (step 2) to miles traveled (step 1)
Avoided Auto Added Biking Added WalkingÂ
Area Net Change
Travel Costs Associated Costs Associated Costs
Urban $Â Â Â Â Â Â (53,577,546) $Â Â Â Â Â Â Â Â Â Â Â 4,295,967 $Â Â Â Â Â Â Â
22,914,907 $Â Â Â Â Â Â Â (26,366,672)
Rural $Â Â Â Â Â Â (52,655,360) $Â Â Â Â Â Â Â Â Â Â Â 7,281,010 $Â Â Â Â Â Â Â
37,304,476 $Â Â Â Â Â Â Â Â Â (8,069,874)
Total $Â Â Â Â
(106,232,906) $Â Â Â Â Â Â Â Â Â 11,576,977 $Â Â Â Â Â Â Â
60,219,383 $Â Â Â Â Â Â Â (34,436,546)
17