Data di Pubblicazione:
2010
Abstract:
This paper analyzes the feasibility of a new high-speed railway line (megaproject) in order to establish and
verify the minimal conditions, that influence the results of the analysis (parameter values of: cost per km, amount of
demand and share of diverted traffic from road system). Feasibility is investigated from the many different
standpoints, such as those represented by the Infrastructure Manager, the Railway Operator and the Community.
As for the first two subjects involved in the projects, their financial sustainability must be verified; for the latter, the
economic achievability needs to be proved.
Keywords: railway project, financial analysis, cost-benefit analysis, charges, traffic demand.
JEL Classification: L91, L98, R42.
verify the minimal conditions, that influence the results of the analysis (parameter values of: cost per km, amount of
demand and share of diverted traffic from road system). Feasibility is investigated from the many different
standpoints, such as those represented by the Infrastructure Manager, the Railway Operator and the Community.
As for the first two subjects involved in the projects, their financial sustainability must be verified; for the latter, the
economic achievability needs to be proved.
Keywords: railway project, financial analysis, cost-benefit analysis, charges, traffic demand.
JEL Classification: L91, L98, R42.
Tipologia CRIS:
1.1 Articolo su Rivista
Keywords:
Railway projects; Financial analysis; cost-benefit analysis; charges; traffic demand
Elenco autori:
Cappelli, Agostino; Libardo, Alessandra
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