Economic Value of Walkability
Author(s) -
Todd Litman
Publication year - 2003
Publication title -
transportation research record journal of the transportation research board
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.624
H-Index - 119
eISSN - 2169-4052
pISSN - 0361-1981
DOI - 10.3141/1828-01
Subject(s) - walkability , public transport , equity (law) , business , transport engineering , environmental planning , environmental economics , built environment , public economics , geography , economics , engineering , political science , civil engineering , law
This paper describes ways to evaluate the value of walking (the activity) and walkability (the quality of walking conditions, including safety, comfort and convenience). Walking and walkability provide a variety of benefits, including basic mobility, consumer cost savings, cost savings (reduced external costs), efficient land use, community livability, improved fitness and public health, economic development, and support for equity objectives. Current transportation planning practices tend to undervalue walking. More comprehensive analysis techniques, described in this paper, are likely to increase public support for walking and other nonmotorized modes of travel.
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