Working papers, Department of Economics, WU (Wirtschaftsuniversität Wien)
Estimating Marginal Costs for the Austrian Railway System
(), Alexander Pfister
(), Leopold Sögner
() and Alfred Stiassny
Abstract: This article presents an econometric analysis of the
maintenance costs for the Austrian railway system. The data contain
observations of track maintenance costs from 1998 to 2000. Our analysis
identifies the cost driving factors in order to determine estimates of
marginal costs, as required by the infrastructure provision principles of
the European Union. The analysis identifies the variables "track length"
and "transported gross-tons" as the principal cost determinants.
Furthermore, we observe that total costs as well as marginal costs increase
with (i) a high proportion of the track occupied by train stations, (ii)
the number of switches within a track, (iii) narrow bends, and (iv)
considerable slopes. Moreover average as well as marginal costs for
secondary lines are significantly higher than for main lines.
Keywords: railway maintenance costs; (follow links to similar papers)
JEL-Codes: C51,; L92; (follow links to similar papers)
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