Cost-Benefits Analysis of Establishing a Bike-Sharing System Between Başkent Unıversity and Koru Metro
Based on the idea that bike-sharing systems integrated into public transportation systems could bring remarkable alternative solutions to the transportation problems (where demand for public transportation has high potential but is undermined for various reasons e.g., because the distance between de...
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| Format: | Article |
| Language: | English |
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Istanbul University Press
2021-10-01
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| Series: | Maliye Çalışmaları Dergisi |
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| Online Access: | https://cdn.istanbul.edu.tr/file/JTA6CLJ8T5/E714390A19E744419E0F0F5658ABAB44 |
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| author | Duygu Dündar Öztaşçı Gökhan Ünalan Uğur Ersoy |
| author_facet | Duygu Dündar Öztaşçı Gökhan Ünalan Uğur Ersoy |
| author_sort | Duygu Dündar Öztaşçı |
| collection | DOAJ |
| description | Based on the idea that bike-sharing systems integrated into public transportation systems could bring remarkable alternative solutions to the transportation problems (where demand for public transportation has high potential but is undermined for various reasons e.g., because the distance between destination and metro station is too short for a second public vehicle but too long for walking), as well as have significant social benefits in terms of the environment and public health, this studydiscusses whether or not such an activity should be supported. Since the distance between Başkent University and Koru metro station in Ankara is short but transportation is difficult, the area is investigated in this study as a pilot application using the cost-benefit analysis technique. In this context, firstly, a survey is conducdet among the students of Başkent University to determine the demand for the mentioned bicycle lane and bicycle sharing system after establishing the basic assumptions and model of the study. Second, the study conducts a cost-benefit analysis based on different discount rates by monetizing the cost and benefit items over the 20-year Project life, and determining the net present value of the total costs and, benefits, a sensitivity analysis was conducted for the “good,”medium,” and “poor” scenarios, and the sustainability of the bike lane and the bike sharing system (compared to alternative electric vehicles) as a public policy was discussed. As a result, the study supports such activity as the benefit-cost ratio was 5.19 under certain assumptions where the economic life is assumed to be 20 years. |
| format | Article |
| id | doaj-art-a79d8b9201624b06841bbdeb8eb100a2 |
| institution | DOAJ |
| issn | 2757-6728 |
| language | English |
| publishDate | 2021-10-01 |
| publisher | Istanbul University Press |
| record_format | Article |
| series | Maliye Çalışmaları Dergisi |
| spelling | doaj-art-a79d8b9201624b06841bbdeb8eb100a22025-08-20T02:57:20ZengIstanbul University PressMaliye Çalışmaları Dergisi2757-67282021-10-016610713710.26650/mcd2021-989630123456Cost-Benefits Analysis of Establishing a Bike-Sharing System Between Başkent Unıversity and Koru MetroDuygu Dündar Öztaşçı0https://orcid.org/0000-0003-3917-9653Gökhan Ünalan1https://orcid.org/0000-0003-4456-6201Uğur Ersoy2https://orcid.org/0000-0002-9819-1639Selçuk Üniversitesi, Konya, TurkiyeAtılım Üniversitesi, Ankara, TurkiyeHazine ve Maliye Bakanlığı, Ankara, TurkiyeBased on the idea that bike-sharing systems integrated into public transportation systems could bring remarkable alternative solutions to the transportation problems (where demand for public transportation has high potential but is undermined for various reasons e.g., because the distance between destination and metro station is too short for a second public vehicle but too long for walking), as well as have significant social benefits in terms of the environment and public health, this studydiscusses whether or not such an activity should be supported. Since the distance between Başkent University and Koru metro station in Ankara is short but transportation is difficult, the area is investigated in this study as a pilot application using the cost-benefit analysis technique. In this context, firstly, a survey is conducdet among the students of Başkent University to determine the demand for the mentioned bicycle lane and bicycle sharing system after establishing the basic assumptions and model of the study. Second, the study conducts a cost-benefit analysis based on different discount rates by monetizing the cost and benefit items over the 20-year Project life, and determining the net present value of the total costs and, benefits, a sensitivity analysis was conducted for the “good,”medium,” and “poor” scenarios, and the sustainability of the bike lane and the bike sharing system (compared to alternative electric vehicles) as a public policy was discussed. As a result, the study supports such activity as the benefit-cost ratio was 5.19 under certain assumptions where the economic life is assumed to be 20 years.https://cdn.istanbul.edu.tr/file/JTA6CLJ8T5/E714390A19E744419E0F0F5658ABAB44bicycle sharing systemcost-benefit analysispublic healthenvironmenttraffic |
| spellingShingle | Duygu Dündar Öztaşçı Gökhan Ünalan Uğur Ersoy Cost-Benefits Analysis of Establishing a Bike-Sharing System Between Başkent Unıversity and Koru Metro Maliye Çalışmaları Dergisi bicycle sharing system cost-benefit analysis public health environment traffic |
| title | Cost-Benefits Analysis of Establishing a Bike-Sharing System Between Başkent Unıversity and Koru Metro |
| title_full | Cost-Benefits Analysis of Establishing a Bike-Sharing System Between Başkent Unıversity and Koru Metro |
| title_fullStr | Cost-Benefits Analysis of Establishing a Bike-Sharing System Between Başkent Unıversity and Koru Metro |
| title_full_unstemmed | Cost-Benefits Analysis of Establishing a Bike-Sharing System Between Başkent Unıversity and Koru Metro |
| title_short | Cost-Benefits Analysis of Establishing a Bike-Sharing System Between Başkent Unıversity and Koru Metro |
| title_sort | cost benefits analysis of establishing a bike sharing system between baskent university and koru metro |
| topic | bicycle sharing system cost-benefit analysis public health environment traffic |
| url | https://cdn.istanbul.edu.tr/file/JTA6CLJ8T5/E714390A19E744419E0F0F5658ABAB44 |
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