Appraisal of non-commercial passenger rail services in Britain

Authors
Citation
G. Mills et M. Howe, Appraisal of non-commercial passenger rail services in Britain, J TRANSP EC, 34, 2000, pp. 113-130
Citations number
26
Language
INGLESE
art.tipo
Article
Categorie Soggetti
Economics
Journal title
JOURNAL OF TRANSPORT ECONOMICS AND POLICY
ISSN journal
0022-5258 → ACNP
Volume
34
Year of publication
2000
Part
1
Pages
113 - 130
Database
ISI
SICI code
0022-5258(200001)34:<113:AONPRS>2.0.ZU;2-U
Abstract
The appraisal of proposals for adding or withdrawing individual rail servic es is inevitably complex, because it needs to recognise interdependence bot h within the rail network and between transport modes, and to account for e xternalities affecting non-users. Since 1960, British appraisal procedures have changed substantially, as has the institutional setting,especially fol lowing privatisation. In May 1999, the government regulator took a major st ep forward when it announced the adoption of cost-benefit analysis for the appraisal of non-commercial services. Yet there is a need for elaboration o f the CBA rules that deal with jointness in costs and in revenues, and for extension of the appraisal scheme to facilitate multi-modal application. Go vernment policy-makers should also address institutional barriers that may hinder the development of valuable alternative supply arrangements, and sho uld instigate a review of existing marginal services to see if they are all worthwhile.