AN APPROACH TO THE ECONOMIC APPRAISAL OF AVCS MAGLEV

S. H. Lee

Transportation Planning and Technology, 2003, vol. 26, issue 3, 265-287

Abstract: The purpose of an economic appraisal of a transportation project is to help select an efficient transportation investment plan. Here, efficiency means achieving the best transportation service from a given investment and the generation of net benefits at least as great as the costs of the investment. In this article, three future transportation investment alternatives in the USA are compared using the benefit-cost ratio method to illustrate the economic desirability of the AVCS Maglev alternative -- an advanced vehicle control system based on magnetic levitation and propulsion. For the completeness of the economic appraisal and the provision of a guide to performing non-user benefit analysis for this promising ITS technology, the socioeconomic effects of implementing AVCS Maglev in the USA are evaluated based on the US National Development Model (NDM).

Date: 2003
References: Add references at CitEc
Citations:

Downloads: (external link)
http://hdl.handle.net/10.1080/0308106032000154584 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:taf:transp:v:26:y:2003:i:3:p:265-287

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/GTPT20

DOI: 10.1080/0308106032000154584

Access Statistics for this article

Transportation Planning and Technology is currently edited by Dr. David Gillingwater

More articles in Transportation Planning and Technology from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().