Cycling, Economic Growth, and Sustainability: A Comparative Analysis of Slovenia and Belgium

Abstract

This study explores the impact of economic and environmental factors on bicycle ownership in Slovenia to understand how cycling adoption supports smart transportation. Addressing the question of whether policy interventions are essential, particularly during economic downturns, this research highlights a gap in existing studies, which often overlook the economic dynamics influencing cycling. Using time-series econometric methods on data from 2004 to 2021, this study identifies two key factors driving bicycle ownership. Findings reveal that policy adjustments, especially in times of economic instability, significantly enhance cycling adoption and contribute to sustainable transportation in Slovenia. The relationship between cycling, economic growth, and environmental sustainability in Slovenia demonstrates that, unlike Belgium, Slovenia’s cycling rates benefit more from targeted policy interventions during economic challenges.

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