Working papers in Transport Economics,
CTS - Centre for Transport Studies Stockholm (KTH and VTI)

Abstract: In this paper the cost impact of rail infrastructure usage in Sweden is estimated, using a measure of the cumulative tons experienced by the tracks since they were renewed. The cost elasticity with respect to this measure is compared to the corresponding estimate from annual tons, a standard measure of output in the literature. The cumulative ton measure generates a higher cost elasticity compared to annual tons, and is quite high for tracks that have been extensively used. The results are informative for the Swedish infrastructure manager that needs to strike a balance between maintenance and renewals; the expected cost of maintenance with respect to accumulated use can be compared to the expected cost of a renewal.

Keywords: Rail infrastructure; Maintenance costs; Cumulative tons

JEL-codes: L92; R48

27 pages, December 9, 2016

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CTS2016-28.pdf  

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