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Second Best Problems in Railroad Infrastructure Pricing and Investment
Stockholms Universitet.ORCID iD: 0000-0002-5814-917X
1992 (English)In: Journal of Transport Economics and Policy, ISSN 0022-5258, Vol. 26, no 3, 245-259 p.Article in journal (Refereed) Published
Abstract [en]

In 1988 the Swedish nationalised railway company was separated into the State Railways, in charge of running rail transport, and the National Rail Administration, responsible for investment in and maintenance of rail infrastructure. The separation made it obvious that the long discussion of optimal road pricing schemes is also relevant for rail traffic. This paper analyses optimal pricing of rail infrastructure use, and optimality conditions for rail and road investment. It is demonstrated that under most circumstances rail charges should be below marginal costs and that investments in both modes should be reduced

Place, publisher, year, edition, pages
The London School of Economics and Political Science , 1992. Vol. 26, no 3, 245-259 p.
Keyword [en]
Railway, Network, Price, Use, Wear, Social cost, Transport network, Mathematical model, Freight transport, Passenger transport, Simulation
National Category
Economics
Research subject
Railway: General works, surveys, comprehensive works, Railway: Economics
Identifiers
URN: urn:nbn:se:vti:diva-317OAI: oai:DiVA.org:vti-317DiVA: diva2:666020
Available from: 2013-11-21 Created: 2013-11-21 Last updated: 2016-02-25Bibliographically approved

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http://www.jstor.org/stable/20052986

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Nilsson, Jan-Eric
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Citation style
  • apa
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