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Estimating the marginal maintenance cost of rail infrastructure usage in Sweden: does more data make a difference?
Swedish National Road and Transport Research Institute, Society, environment and transport, Transport economics, TEK.
Swedish National Road and Transport Research Institute, Society, environment and transport, Transport economics, TEK.ORCID iD: 0000-0002-5814-917X
2015 (English)In: Economics of Transportation, ISSN 2212-0122, E-ISSN 2212-0130Article in journal (Refereed) In press
Abstract [en]

This paper updates knowledge about the marginal cost of railway maintenance. Using a panel dataset comprising 16 years, we test whether more data makes a difference to conclusions. In contrast to previous estimates using a shorter panel, maintenance costs are now demonstrated to exhibit a positive dynamic effect; an increase in maintenance cost during one year indicates the need for more maintenance also the next year. Moreover, the marginal cost from the dynamic model is larger than its static counterpart. We conclude that the use of dynamic models on longer time series may have charging implications in several EU member states, considering that their track access charges are based on econometric studies that use static models and short panel datasets.

Place, publisher, year, edition, pages
Elsevier, 2015.
Keyword [en]
Economics of transport, Input data, Maintenance, Cost, Mathematical model
National Category
Economics
Research subject
J00 Railway: General works, surveys, comprehensive works, J13 Railway: Economics
Identifiers
URN: urn:nbn:se:vti:diva-11887DOI: 10.1016/j.ecotra.2017.05.001ScopusID: 2-s2.0-85019555205OAI: oai:DiVA.org:vti-11887DiVA: diva2:1106153
Available from: 2017-06-07 Created: 2017-06-07 Last updated: 2017-06-08Bibliographically approved

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Odolinski, KristoferNilsson, Jan-Eric
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CiteExportLink to record
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Cite
Citation style
  • apa
  • harvard1
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  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
  • nn-NO
  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
  • html
  • text
  • asciidoc
  • rtf