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Italian Megaprojects: High-Speed Railway Feasibility

Author

Listed:
  • Agostino Cappelli
  • Alessandra Libardo

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.

Suggested Citation

  • Agostino Cappelli & Alessandra Libardo, 2010. "Italian Megaprojects: High-Speed Railway Feasibility," SCIENZE REGIONALI, FrancoAngeli Editore, vol. 2010(3 Supp), pages 15-41.
    • Handle: RePEc:fan:scresc:v:html10.3280/scre2010su3002
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    More about this item

    Keywords

    Progetti ferroviari; analisi finanziaria; analisi benefici-costi; tariffe; domanda di trasporto;
    All these keywords.

    JEL classification:

    • L91 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Transportation: General
    • L98 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Government Policy
    • R42 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Transportation Economics - - - Government and Private Investment Analysis; Road Maintenance; Transportation Planning

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