Railway Costs and Planning

Railway Costs and Planning

Railway planners have chronically failed to recognise excess capacity. A longer view must be taken. The principles have long been understood; all that is needed is the will of governments and managers to apply them.

Share Content

Facebook
Twitter
LinkedIn

Related Articles

Cost Functions for Inland Waterways transport in the United States

American inland waterway transport is subject to a complicated system of control by government agencies, which require knowledge of costs. Inland waterway costs have fallen slightly, and a large share of the market has come into the hands of a small number of firms. The authors find increasing returns to scale for size of firm and output.

View Journal »