The economics of rail line closure is discussed. Decisions as to which sections of a rail system should be closed down and when are analyzed for both economic and financial objectives, when either exogenous traffic projections or traffic demand curves are available. Highest priority is assigned to that project having the largest social surplus and surviving all or most of the sensitivity analysis. The issue of government subsidization of rail service...
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INFORMATION
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1970/05/31
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Document de travail des services de la Banque mondiale
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SWP76
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1
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1
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2010/07/01
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The economics of rail line closure
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railway line
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