Artikel
Passenger transport planning. A benefit-cost analysis of the high speed railway: The case of Spain
In the current economical and financial crisis, the economic evaluation of transport infrastructure investment projects is of most importance. Given the need of most governments to reduce spending and control the deficit, having tools that facilitate decision-making seems to be a key objective. This paper examines several high speed lines in Spain, by using the benefit-cost analysis (BCA), in order to obtain more information and determine the social costs and benefits linked to each project. Such analysis allows determining whether costs are higher than benefits, so the net social benefit is positive. Similarly, an Internal Rate of Return (IRR) per project is determined, in order to classify investments with positive BCA.
- Language
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Englisch
- Bibliographic citation
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Journal: Atlantic Review of Economics ; ISSN: 2174-3835 ; Volume: 2 ; Year: 2011 ; Pages: 1-12 ; A Coruña: Colegio de Economistas de A Coruña
Project Evaluation; Social Discount Rate
Transportation Economics: Government and Private Investment Analysis; Road Maintenance, Transportation Planning
Public Facility Location Analysis; Public Investment and Capital Stock
benefit-cost analysis
internal rate of return
passenger transport.
Hochgeschwindigkeitszug
Kosten-Nutzen-Analyse
Soziale Kosten
Spanien
Coto-Millán, Pablo
- Handle
- Last update
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20.09.2024, 8:23 AM CEST
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Artikel
Associated
- Casares, Pedro
- Coto-Millán, Pablo
- Colegio de Economistas de A Coruña
Time of origin
- 2011