RAILROAD COST FORECASTING

An investigation into the forecasting of changes in railway costs is reported. This investigation is comprised of two stages. The first is a conceptual discussion of major factors influencing cost changes and the techniques for forecasting such changes. The second stage involves the application of specific techniques to the prediction of four different basic cost series: diesel fuel, real average weekly earnings, "traffic" expenses, and "transportation" expenses. Both the Box-Jenkins methodology and deterministic curve fitting are utilized in this stage. An analysis of this work and an overall summary conclude the paper. A selected bibliography is included.

• Corporate Authors:

  Canadian Institute of Guided Ground Transport

  Queen's University
  Kingston, Ontario K7L 3N6,   Canada 
• Authors:
  • Daub, M
• Publication Date: 1977-4

Media Info

• Features: Appendices; Figures; Tables;
• Pagination: 32 p.

Subject/Index Terms

• TRT Terms: Analysis; Costs; Diesel fuels; Forecasting; Inflation; Mathematical models; Operating costs; Wages
• Uncontrolled Terms: Cost analysis
• Old TRIS Terms: Analytical techniques
• Subject Areas: Economics; Finance; Railroads;

Filing Info

• Accession Number: 00176667
• Record Type: Publication
• Source Agency: Canadian Institute of Guided Ground Transport
• Report/Paper Numbers: CIGGT-77-8 Final Rpt.
• Files: TRIS
• Created Date: May 31 1978 12:00AM