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Costs and Benefits of High Speed Rail Integration in Europe

In: Transport Development Challenges in the Twenty-First Century

Author

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  • Anna Urbanek

    (University of Economics)

Abstract

Undertakings aiming at integration in the high speed rail sector require capital-intensive and time-consuming investments in infrastructure, modern rail traffic managements systems, or ICT technologies supporting the process of booking and selling tickets. It also requires covering the expenses related to the process of preparation and management of contracts and agreements. This chapter attempts to identify and quantify the costs and benefits of integration projects undertaken in the field of high speed passenger transport in Europe. Cost–benefit analysis, including external cost and benefits, is essential for assessing the effectiveness of investment and it is especially important in the case of investments financed with the use of public funds.

Suggested Citation

  • Anna Urbanek, 2016. "Costs and Benefits of High Speed Rail Integration in Europe," Springer Proceedings in Business and Economics, in: Monika Bąk (ed.), Transport Development Challenges in the Twenty-First Century, pages 67-76, Springer.
    • Handle: RePEc:spr:prbchp:978-3-319-26848-4_7
    DOI: 10.1007/978-3-319-26848-4_7
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    Cited by:

    1. Doll, Claus & Köhler, Jonathan Hugh, 2018. "Reference and pro rail scenarios for European corridors to 2050," Working Papers "Sustainability and Innovation" S15/2018, Fraunhofer Institute for Systems and Innovation Research (ISI).

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