THE ECONOMICS OF RAIL LINE CLOSURE
The paper discusses how to determine which sections of a rail system to close and when. These decisions are analyzed for both the economic (net social benefits) and financial (railway company's gains) objectives, when either exogenous traffic projections or traffic demand curves are available. This issue of government subsidization of rail service is also discussed. Examples and procedures for computing costs and optimum timing are included among the annexes. The approach of the paper is essentially theoretical. Further work is envisaged on actual case studies to develop pragmatic solutions for the line closure problem.
World Bank1818 H Street, NW
Washington, DC United States 20433
- Sau, R K
- Publication Date: 1970-5-22
- Features: Appendices; Figures; Tables;
- Pagination: 50 p.
- TRT Terms: Abandonment; Benefit cost analysis; Costs; Economic analysis; Economics; Socioeconomic factors; Subsidies
- Subject Areas: Economics; Finance; Railroads; Society;
- Accession Number: 00131003
- Record Type: Publication
- Source Agency: World Bank
- Report/Paper Numbers: Paper No. 76
- Files: TRIS
- Created Date: Apr 21 1976 12:00AM