Social profitability threshold of high speed railway: a benefit-cost analysis

In this study, the benefit-cost analysis technique for projects evaluation is applied to determine the minimum level of demand that makes a high-speed rail project economically viable in Spain. To get this goal, it is nec- essary to take into account not only the costs and benefits of the high speed...

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Detalles Bibliográficos
Autores: Coto Millán, Pablo|||0000-0002-8126-0394, Inglada López de Sabando, Vicente, Casares Hontañón, Pedro|||0000 0003 5636 2740
Tipo de recurso: artículo
Fecha de publicación:2011
País:España
Institución:Universidad de Cantabria (UC)
Repositorio:UCrea Repositorio Abierto de la Universidad de Cantabria
Idioma:inglés
OAI Identifier:oai:repositorio.unican.es:10902/4399
Acceso en línea:http://hdl.handle.net/10902/4399
Access Level:acceso abierto
Palabra clave:High speed railway
Benefit-cost analysis
Passenger transport
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spelling Social profitability threshold of high speed railway: a benefit-cost analysisCoto Millán, Pablo|||0000-0002-8126-0394Inglada López de Sabando, VicenteCasares Hontañón, Pedro|||0000 0003 5636 2740High speed railwayBenefit-cost analysisPassenger transportIn this study, the benefit-cost analysis technique for projects evaluation is applied to determine the minimum level of demand that makes a high-speed rail project economically viable in Spain. To get this goal, it is nec- essary to take into account not only the costs and benefits of the high speed railway but also the analysis of the costs and benefits linked to other alternative transport modes, such as plane, private car or bus. The re- sults show that the high-speed rail studied is socially profitable from a traffic volume of 6.5 million passen- gers and for a social discount rate of 4%. Given the benefits associated with network effects, which magni- tude grows parallel to the extension of the high-speed network, this threshold could be significantly reduced in subsequent projects.Scientific Research Publishing Inc.Universidad de Cantabria20112011-01-01journal articlehttp://purl.org/coar/resource_type/c_6501NAhttp://purl.org/coar/version/c_be7fb7dd8ff6fe43info:eu-repo/semantics/articlehttp://hdl.handle.net/10902/4399Journal of Transportation Technologies, 2011, Vol. 1, nº 4, pp. 107-115reponame:UCrea Repositorio Abierto de la Universidad de Cantabriainstname:Universidad de Cantabria (UC)Inglésengopen accesshttp://purl.org/coar/access_right/c_abf2Atribución 3.0 Españahttp://creativecommons.org/licenses/by/3.0/es/info:eu-repo/semantics/openAccessoai:repositorio.unican.es:10902/43992026-06-02T12:39:31Z
dc.title.none.fl_str_mv Social profitability threshold of high speed railway: a benefit-cost analysis
title Social profitability threshold of high speed railway: a benefit-cost analysis
spellingShingle Social profitability threshold of high speed railway: a benefit-cost analysis
Coto Millán, Pablo|||0000-0002-8126-0394
High speed railway
Benefit-cost analysis
Passenger transport
title_short Social profitability threshold of high speed railway: a benefit-cost analysis
title_full Social profitability threshold of high speed railway: a benefit-cost analysis
title_fullStr Social profitability threshold of high speed railway: a benefit-cost analysis
title_full_unstemmed Social profitability threshold of high speed railway: a benefit-cost analysis
title_sort Social profitability threshold of high speed railway: a benefit-cost analysis
dc.creator.none.fl_str_mv Coto Millán, Pablo|||0000-0002-8126-0394
Inglada López de Sabando, Vicente
Casares Hontañón, Pedro|||0000 0003 5636 2740
author Coto Millán, Pablo|||0000-0002-8126-0394
author_facet Coto Millán, Pablo|||0000-0002-8126-0394
Inglada López de Sabando, Vicente
Casares Hontañón, Pedro|||0000 0003 5636 2740
author_role author
author2 Inglada López de Sabando, Vicente
Casares Hontañón, Pedro|||0000 0003 5636 2740
author2_role author
author
dc.contributor.none.fl_str_mv Universidad de Cantabria
dc.subject.none.fl_str_mv High speed railway
Benefit-cost analysis
Passenger transport
topic High speed railway
Benefit-cost analysis
Passenger transport
description In this study, the benefit-cost analysis technique for projects evaluation is applied to determine the minimum level of demand that makes a high-speed rail project economically viable in Spain. To get this goal, it is nec- essary to take into account not only the costs and benefits of the high speed railway but also the analysis of the costs and benefits linked to other alternative transport modes, such as plane, private car or bus. The re- sults show that the high-speed rail studied is socially profitable from a traffic volume of 6.5 million passen- gers and for a social discount rate of 4%. Given the benefits associated with network effects, which magni- tude grows parallel to the extension of the high-speed network, this threshold could be significantly reduced in subsequent projects.
publishDate 2011
dc.date.none.fl_str_mv 2011
2011-01-01
dc.type.none.fl_str_mv journal article
http://purl.org/coar/resource_type/c_6501
NA
http://purl.org/coar/version/c_be7fb7dd8ff6fe43
dc.type.openaire.fl_str_mv info:eu-repo/semantics/article
format article
dc.identifier.none.fl_str_mv http://hdl.handle.net/10902/4399
url http://hdl.handle.net/10902/4399
dc.language.none.fl_str_mv Inglés
eng
language_invalid_str_mv Inglés
language eng
dc.rights.none.fl_str_mv open access
http://purl.org/coar/access_right/c_abf2
Atribución 3.0 España
http://creativecommons.org/licenses/by/3.0/es/
dc.rights.openaire.fl_str_mv info:eu-repo/semantics/openAccess
rights_invalid_str_mv open access
http://purl.org/coar/access_right/c_abf2
Atribución 3.0 España
http://creativecommons.org/licenses/by/3.0/es/
eu_rights_str_mv openAccess
dc.publisher.none.fl_str_mv Scientific Research Publishing Inc.
publisher.none.fl_str_mv Scientific Research Publishing Inc.
dc.source.none.fl_str_mv Journal of Transportation Technologies, 2011, Vol. 1, nº 4, pp. 107-115
reponame:UCrea Repositorio Abierto de la Universidad de Cantabria
instname:Universidad de Cantabria (UC)
instname_str Universidad de Cantabria (UC)
reponame_str UCrea Repositorio Abierto de la Universidad de Cantabria
collection UCrea Repositorio Abierto de la Universidad de Cantabria
repository.name.fl_str_mv
repository.mail.fl_str_mv
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score 15.300724

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