THE CAMBRIAN COAST LINE: A COST/BENEFIT ANALYSIS OF THE RETENTION OF RAILWAY SERVICES ON THE CAMBRIAN LINE
In the spring of 1967 the then Minister of Transport announced that a special Economic Unit was being established in the Ministry to study unremunerative railway passenger services. One of the Unit's duties was to develop the use of cost/benefit analysis as an aide to the examination of railways passenger closure proposals, and the service chosen for pilot study was that between Machynlleth and Pwllheli along the north eastern shore of Cardigan Bay in Wales. This Report is the result of the study, and it is issued by the Directorate of Economics and the Directorate of Statistics in the Ministry in association with the Government Social Survey. As announced in January 1969, the Government has undertaken to pay a grant for 1969 under the provisions of Section 39 of the Transport Act 1968 for the continuance of services on this line.
Ministry of Transport, EnglandSaint Christopher House, Southwark Street
London SE1, England
- Publication Date: 1969
- Features: Appendices; Figures; Tables;
- Pagination: 45 p.
- TRT Terms: Abandonment; Branch lines; Economics; Governments; Planning; Policy; Regulations; Subsidies
- Old TRIS Terms: Government planning; Government policies; Government regulations
- Subject Areas: Economics; Law; Planning and Forecasting; Policy; Railroads;
- Accession Number: 00050087
- Record Type: Publication
- Files: TRIS
- Created Date: Jan 24 1974 12:00AM