The Economic Benefits of Improved Accessibility to Transport Systems
The economic benefits of improving transport accessibility for all are rarely taken into account when making decisions about investment and regulations. While costs are often known, benefits such as greater access to services, jobs and tourism are unknown or even undefined. This report reviews economic theory and practical case studies to set out the basis for the development of a common framework empowering decision-makers to value the impacts of greater accessibility for mobility-impaired, encumbered and ultimately all passengers.
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Policy Insights
- Ex-post case studies of accessibility improvements can provide evidence on impacts.
- A large, ex-ante assessment of proposed measures to improve accessibility can shed light on the practical application of different methodologies.
- Accessibility research should be explicitly integrated with health and wellbeing research.