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Appraisal of investments in European nodal centres for goods – freight villages: A comparative analysis

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  • Dimitrios Tsamboulas
  • Ioannis Dimitropoulos

Abstract

The paper presents and analyses appraisal methods used for the assessment of potential investments in Nodal Centers for Goods (also called Freight Villages), which constitute an essential element of the Trans-European Network for Intermodal Transport. A methodological procedure is applied to identify the underlying factors that influence the choice of an appraisal method, without assessing or comparing the appraisal methods themselves. Following this procedure, issues addressed by the methods are grouped into three broad dimensions and with the use of non-parametric statistical tests, existing relationships are identified between nodal centres' characteristics, the appraisal methods, as well as the actors involved in the decision process. On applying the above procedure to European Nodal Centres for goods, it is found that the choice of appraisal method and the decision criteria for the investment are linked primarily to the nodal centre's size, catchment area, and the support or absence of political approval for the investment. The results of the analysis can be particularly useful at the policy making level, serving as non-formal "qualitative guidelines" to identify the appraisal method to be applied, as well as the options and impacts to be considered. Copyright Kluwer Academic Publishers 1999

Suggested Citation

  • Dimitrios Tsamboulas & Ioannis Dimitropoulos, 1999. "Appraisal of investments in European nodal centres for goods – freight villages: A comparative analysis," Transportation, Springer, vol. 26(4), pages 381-398, November.
    • Handle: RePEc:kap:transp:v:26:y:1999:i:4:p:381-398
    DOI: 10.1023/A:1005134525773
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    Citations

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    Cited by:

    1. Regan, Amelia C. & Golob, Thomas F., 2003. "Trucking Industry Demand for Urban Shared Use Freight Terminals," University of California Transportation Center, Working Papers qt0v33g422, University of California Transportation Center.
    2. Erica Varese & Danilo Stefano Marigo & Mariarosaria Lombardi, 2020. "Dry Port: A Review on Concept, Classification, Functionalities and Technological Processes," Logistics, MDPI, vol. 4(4), pages 1-16, November.
    3. Maria Berrittella, 2010. "A macroeconomic analysis of the public investments in European combined transport," Empirical Economics, Springer, vol. 39(1), pages 167-181, August.
    4. Witte, Patrick & Wiegmans, Bart & Ng, Adolf K.Y., 2019. "A critical review on the evolution and development of inland port research," Journal of Transport Geography, Elsevier, vol. 74(C), pages 53-61.
    5. José Manuel Naranjo Gómez, 2016. "Impacts on the Social Cohesion of Mainland Spain’s Future Motorway and High-Speed Rail Networks," Sustainability, MDPI, vol. 8(7), pages 1-22, July.
    6. Roso, Violeta & Woxenius, Johan & Lumsden, Kenth, 2009. "The dry port concept: connecting container seaports with the hinterland," Journal of Transport Geography, Elsevier, vol. 17(5), pages 338-345.
    7. van den Heuvel, Frank P. & de Langen, Peter W. & van Donselaar, Karel H. & Fransoo, Jan C., 2013. "Spatial concentration and location dynamics in logistics: the case of a Dutch province," Journal of Transport Geography, Elsevier, vol. 28(C), pages 39-48.
    8. Tsamboulas, Dimitrios A. & Kapros, Seraphim, 2003. "Freight village evaluation under uncertainty with public and private financing," Transport Policy, Elsevier, vol. 10(2), pages 141-156, April.
    9. Smid, Martijn & Dekker, Sander & Wiegmans, Bart, 2016. "Modeling the cost sensitivity of intermodal inland waterway terminals: A scenario based approach," Transportation Research Part A: Policy and Practice, Elsevier, vol. 85(C), pages 112-122.

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