Marginal cost of railway infrastructure wear and tear for freight and passenger trains in Sweden
Mats Andersson ()
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Mats Andersson: Swedish National Road and Transport Research Institute, Postal: Dept. of Transport Economics, P.O. Box 920, SE-781 29 Borlänge, Sweden
No 2010:5, Working Papers from Swedish National Road & Transport Research Institute (VTI)
Abstract:
We analyse maintenance cost data for Swedish railway infrastructure in relation to traffic volumes and network characteristics, and separate the cost impact from passenger and freight trains. Lines with mixed passenger and freight traffic, and dedicated freight lines are analysed separately using both log-linear and Box-Cox regression models. We find that for mixed lines, the Box-Cox specification is preferred, while a log-linear model is chosen in the case of dedicated freight lines. The cost elasticity with respect to output is found to be higher for passenger trains than for freight trains. From a marginal cost pricing perspective, freight trains are currently over-charged, while passenger trains are under-charged.
Keywords: Railway; Maintenance; Box-Cox; Marginal Cost (search for similar items in EconPapers)
JEL-codes: C31 L92 (search for similar items in EconPapers)
Pages: 18 pages
Date: 2009-11-30
New Economics Papers: this item is included in nep-mic and nep-ure
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Citations: View citations in EconPapers (3)
Forthcoming as Andersson, Mats, 'Marginal cost of railway infrastructure wear and tear for freight and passenger trains in Sweden' in Trasporti Europei, 2011.
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Persistent link: https://EconPapers.repec.org/RePEc:hhs:vtiwps:2010_005
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