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Marginal railway track renewal costs: A survival data approach

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  • Andersson, Mats
  • Björklund, Gunilla
  • Haraldsson, Mattias

Abstract

In this paper, renewal costs for railway tracks are investigated using survival analysis. The purpose is to derive the effect from increased traffic volumes on rail renewal cycle lengths and to calculate associated marginal costs. A flow sample of censored data containing almost 1300 observations on the Swedish main railway network is used. We specify Weibull regression models, and estimate deterioration elasticities for total tonnage as well as for passenger and freight tonnages separately. Marginal costs are calculated as a change in present values of renewal costs from premature renewal following increased traffic volumes. The marginal cost for total tonnage is estimated to approximately SEK 0.002 per gross ton kilometre.

Suggested Citation

  • Andersson, Mats & Björklund, Gunilla & Haraldsson, Mattias, 2016. "Marginal railway track renewal costs: A survival data approach," Transportation Research Part A: Policy and Practice, Elsevier, vol. 87(C), pages 68-77.
  • Handle: RePEc:eee:transa:v:87:y:2016:i:c:p:68-77
    DOI: 10.1016/j.tra.2016.02.009
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    Cited by:

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    2. Odolinski, Kristofer & Nilsson, Jan-Eric & Yarmukhamedov, Sherzod & Haraldsson, Mattias, 2020. "The marginal cost of track renewals in the Swedish railway network: Using data to compare methods," Economics of Transportation, Elsevier, vol. 22(C).
    3. Odolinski, Kristofer & Nilsson, Jan-Eric, 2017. "Estimating the marginal maintenance cost of rail infrastructure usage in Sweden; does more data make a difference?," Economics of Transportation, Elsevier, vol. 10(C), pages 8-17.
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    5. Odolinski, Kristofer & Wheat, Phill, 2018. "Dynamics in rail infrastructure provision: Maintenance and renewal costs in Sweden," Economics of Transportation, Elsevier, vol. 14(C), pages 21-30.
    6. Sasidharan, M. & Burrow, M.P.N. & Ghataora, G.S., 2020. "A whole life cycle approach under uncertainty for economically justifiable ballasted railway track maintenance," Research in Transportation Economics, Elsevier, vol. 80(C).

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