Ex ante evaluation of railway station development projects: Issues still to be solved

  • Piet Rietveld
  • Bert van Wee


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.


Transport Cost Consumer Surplus Railway Station Infrastructure Project Land Rent 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.


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Copyright information

© Physica-Verlag Heidelberg 2008

Authors and Affiliations

  • Piet Rietveld
    • 1
  • Bert van Wee
    • 2
  1. 1.Department of Spatial EconomicsFree UniversityAmsterdamthe Netherlands
  2. 2.Faculty of Technology, Policy and ManagementDelft University of Technologythe Netherlands

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