Economic impact of cycling across various nations Online publication date: Mon, 22-Feb-2021
by Alpana Agarwal; Virad Gupta
International Journal of Economics and Business Research (IJEBR), Vol. 21, No. 2, 2021
Abstract: The purpose of this paper was to find the impact of cycling in five nations, namely Canada, Europe, New Zealand, UK and USA. Bicycle tourism and trail tourism contribute significantly to local, state, national and international economies (Handy et al., 2014). Research papers for the mentioned five Nations were analysed about the volume of their economic impact, and which were most benefitted. Analysis is based on behaviours (satisfaction) of cyclists, development of local communities and small scale businesses, management and governance of cycling, tourism, environment, recreation, health benefits, tourists and commuters, which saved the state and national governments' funds as well as increased fuel and moneysaving. Six broad factors, i.e., area's topography, its climate, the cycling infrastructure, presence of accessible bicycle resources, business support and community support were analysed to examine their affect on cycling. Characteristics of Indian market were also examined, based on which few suggestions are given.
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