The appraisal of proposals for adding or withdrawing individual rail services is inevitably complex, because it needs to recognise interdependence both within the rail network and between transport modes, and to account for externalities affecting non-users. Since 1960, British appraisal procedures have changed substantially, as has the institutional setting, especially following privatisation. In May 1999, the government regulator took a major step forward when it announced the adoption of cost-benefit analysis for the appraisal of non-commercial services. Yet there is a need for elaboration of the CBA rules that deal with jointness in costs and in revenues, and for extension of the appraisal scheme to facilitate multi-modal application. Government policy-makers should also address institutional barriers that may hinder the development of valuable alternative supply arrangements, and should instigate a review of existing marginal services to see if they are all worthwhile. (A)

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  • Corporate Authors:

    University of Bath

    Claverton Down
    Bath, Avon  United Kingdom  BA2 7AY
  • Authors:
    • MILLS, G
    • Howe, M
  • Publication Date: 2000-1


  • English

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Filing Info

  • Accession Number: 00790234
  • Record Type: Publication
  • Source Agency: Transport Research Laboratory
  • Files: ITRD
  • Created Date: Apr 11 2000 12:00AM