Marginal railway infrastructure costs in a dynamic context

Projekt:

JÄSMAGE - JÄrnvägens Samhällsekonomiska MArGinalkostnadEr

Sammanfattning:
In this paper, dynamic aspects of railway infrastructure operation and maintenance costs in Sweden are explored. Econometric cost functions are estimated to check the robustness of previous marginal cost estimates by introducing lags and leads of both dependent and independent variables. We find support for a forward-looking behaviour within the Swedish National Rail Administration (Banverket) as both infrastructure operation and maintenance costs are reduced prior to a major renewal. There are also indications of both lagged traffic and costs affecting the cost structure.

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Författare: Mats Andersson
Utgivare: VTI
Utgivningsdatum: 2008-12
Diarienummer: TRV 2010/92179
ISSN: 1567-7141
Antal sidor: 19
Språk: Engelska
Kontaktperson: Therése Olsson, PLa1e