Abstract
Governments have traditionally had a major impact on railway systems, at least in so far as the infrastructure is concerned, classical reasons being network externalities and the large fixed costs, including its impact on tariffs that would strongly exceed marginal costs. The latter means that welfare maximising tariffs would lead to losses for the railway operators. Moreover, in several countries rail services have been subsidised for over 40 years in order to increase their competitive status in comparison to the car. Environmental externalities are an additional reason for government involvement: e.g. national, regional and local authorities decide on the ‘best’ route for a new line to be constructed in order to mitigate impacts on the local environment.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Preview
Unable to display preview. Download preview PDF.
References
Arnott R, Stiglitz JR (1981) Aggregate Land Rents and Aggregate Travel Costs. Economic Journal 91:331–347
Bertolini L, Spit T (1998) Cities on Rail: The Redevelopment of Railway Station Areas. E & FN Spon, London/New York
Bowes DR, Ihlanfeldt KR (2001) Identifying the Impacts of Rail Transit Stations on Residential Property Values. Journal of Urban Economics 50:1–25
Bröcker J, Schneider M (2002) How Does Economic Development in Eastern Europe Affect Austria’s Regions? A Multiregional General Equilibrium Framework. Journal of Regional Science 42:257–285
Button KJ (1993) Transport Economics. 2nd edition. Edward Elgar, UK
Clark C (1958) Transport — Maker and Breaker of Cities. The Town Planning Review 28:237–250
Council for Transport and Public Works [Raad voor Verkeer en Waterstaat] (2004a) Ieder zijn deel. The Hague
Council for Transport and Public Works [Raad voor Verkeer en Waterstaat] (2004b) De Waarde van Openbaar Vervoer. The Hague
Davies S (1999) Review of the Evidence of the Incidence of Imperfect Competition in the UK. Report to the UK Standing Advisory Committee on Trunk Road Assessment (SACTRA), London
Debrezion G (2006) Railway Station Effects on Real Estate Prices. Tinbergen Institute, Amsterdam
Elhorst J, Heijma A, Koopmans CC, Oosterhaven J (2005) Indirecte Effecten Infrastructuur Projecten. SEO, Amsterdam
Fujita M (1989) Urban Economic Theory. Cambridge University Press, Cambridge
Geurs KT, Ritsema van Eck JR (2001) Accessibility Measures: Review and Applications. RIVM report 408505006, National Institute of Public Health and the Environment, Bilthoven
Geurs KT, Haaijer R, Wee B van (forthcoming) The Option Value of Public Transport: Methodology for Measurement and Case Study for Regional Rail Links in the Netherlands. Submitted to Transport Reviews
Gunn H (2001) Spatial and Temporal Transferability of Relationships between Travel Demand, Trip Cost and Travel Time. Transportation Research E 37:163–189
Hagen M van (2004) Klantwensen bij Verblijven en Verplaatsen. NS, Utrecht
Hayashi Y, Morisugi H (2000) International Comparison of Background Concept and Methodology of Transportation Project Appraisal. Transport Policy 7:73–88
Jara-Diaz SR (1986) On the Relation between Users’ Benefits and the Economic Effects of Transportation Activities. Journal of Regional Science 26:379–391
Kido EM (2005) Aesthetic Aspects of Railway Stations in Japan and Europe. Journal of the Eastern Asia Society for Transportation Studies 6:381–396
Kruk R van der (2005) Hedonic Valuation of Dutch Wetlands. Tinbergen Institute PhD thesis, Thela Thesis, Amsterdam
Mohring H (1961) Land Values and the Measurement of Highway Benefits. Journal of Political Economy 69:236–249
Mohring H (1993) Land Rents and Transport Improvements: Some Urban Parables. Transportation 20:267–283
Newbery D (1998) Efficiency Benefits of Transport Cost Reductions: Report Prepared for SACTRA. Department of Applied Economics, Cambridge
Offermans RN, Velde DM van der (2004) Value Capturing, Potentieel Financieringsinstrument voor Nederland? Achtergrondrapport voor ‘Ieder Zijn Deel: Locatiebereikbaarheid anders Aanpakken.’ Raad voor Verkeer en Waterstaat, Erasmus University
Ommeren J van, Rietveld P (2006) Incomplete Compensation for Transport Costs in Urban Models with Imperfect Markets. Papers in Regional Science (forthcoming)
Oosterhaven J, Elhorst JP (2003) Modelling Interactions between the Economy, the Environment and Transportation at the Local and Regional Level, with an Application to Dutch Maglev Projects. Paper presented at the TRIP research conference on the Economic and Environmental Consequences of Regulating Traffic, Copenhagen
Ortuzar de Dios J, Willumsen LG (2001) Modelling Transport. Wiley, New York
Perman R (2003) Natural Resource and Environmental Economics. Pearson, Harlow
RAND (2005) The Value of Reliability in Transport: Provisional Values for the Netherlands Based on Expert Opinion. RAND Europe
Rietveld P, Vuuren D van, Bruinsma F (2001) Coping with Unreliability in Public Transport Chains: A Case Study for the Netherlands. Transportation Research A 35:539–551
Rietveld P, Wagtendonk AJ (2004) The Location of New Residential Areas and the Preservation of Open Space: Experiences in the Netherlands. Environment and Planning A 36:2047–2063
Roson R (2000) Social Cost Pricing when Public Transport is an Option Value. Innovation 13:81–94
SACTRA (1999) Transport and the Economy. Standing Advisory Committee on Trunk Road Assessment (SACTRA), London
Sivitanidou R, Wheaton WC (1992) Wage and Rent Capitalization in the Commercial Real Estate Market. Journal of Urban Economics 31:206–229
Small KA (1992) Urban Transportation Economics, Fundamentals of Pure and Applied Economics. series 51, Harwood Academic Publishers, Chur
Venables AJ (2004) Evaluating Urban Transport Improvements: Cost-Benefit Analysis in the Presence of Agglomeration and Income Taxation. Working paper, London School of Economics, London
Wardman M (2001) A Review of British Evidence on Time and Service Quality Valuations. Transportation Research Part E 37:107–128
Wee B van (2007) Rail Infrastructure: Challenges for CBA and Other Ex Ante Evaluations. Transportation Planning and Technology (in press)
Wegener M, Fürst F (1999) Land Use Transport Interaction: State of the Art. Deliverable D2a of the project TRANSLAND (Integration of Transport and Land Use Planning). Universität Dortmund, Insititut für Raumplanung, Dortmund
Zhu X, Ommeren J van, Rietveld P (2006) The Surplus Equivalence Problem in the Case of Infrastructure Improvement with an Imperfect Labour Market. Vrije Universiteit, Amsterdam
Author information
Authors and Affiliations
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 2008 Physica-Verlag Heidelberg
About this chapter
Cite this chapter
Rietveld, P., van Wee, B. (2008). Ex ante evaluation of railway station development projects: Issues still to be solved. In: Bruinsma, F., Pels, E., Rietveld, P., Priemus, H., van Wee, B. (eds) Railway Development. Physica-Verlag HD. https://doi.org/10.1007/978-3-7908-1972-4_8
Download citation
DOI: https://doi.org/10.1007/978-3-7908-1972-4_8
Publisher Name: Physica-Verlag HD
Print ISBN: 978-3-7908-1971-7
Online ISBN: 978-3-7908-1972-4
eBook Packages: Business and EconomicsEconomics and Finance (R0)