Are the policies of promoting bicycle use socially profitable?

A study carried out by the research group Applied Economics & Management, which is based at the University of Seville, has included a Cost-benefit Analysis that estimates that the socio-economic returns of the constructions of the network of cycle paths in Seville. The work was based on a survey of more than 1,900 cyclists, who use both public and private bicycles. The project was financed with funds from the European Regional Development Fund and by the Agency for Public Works of the Junta de AndalucĂ­a, the Andalusian Regional Government.