Publication detail

Economic Impact of Occurrences on Railways

HROMÁDKA, V. KORYTÁROVÁ, J. VÍTKOVÁ, E. SEELMANN, H. FUNK, T.

Original Title

Economic Impact of Occurrences on Railways

English Title

Economic Impact of Occurrences on Railways

Type

conference paper

Language

en

Original Abstract

The issue of economic evaluation of investment projects is a field focusing on socio-economic impact assessment of projects implemented within the public sector. This paper is focused on socio-economic evaluation of public investment projects concerning railway infrastructure. It builds on previous research aimed at evaluating the impacts of measures implemented to increase safety and reliability of railway transport. The subject matter of the paper is the evaluation of socio-economic impacts of partial occurrences that arise in the field of railway infrastructure. From a methodological point of view, the evaluation is based on a detailed survey of occurrences incurring in the 2011–2018 period. Using the results of previous research, occurrences incurring on the railway infrastructure relevant to the evaluation were identified. Furthermore, unit impacts of occurrences in the form of health impacts, train delays and overall costs were identified. By combining the above-mentioned input information and outputs of a detailed analysis of the Occurrence Database, the average values of the socio-economic impacts of relevant occurrences were determined. The results of the research carried out shall be further used as an input for the evaluation of the benefits associated with increasing the safety and reliability of the railway infrastructure.

English abstract

The issue of economic evaluation of investment projects is a field focusing on socio-economic impact assessment of projects implemented within the public sector. This paper is focused on socio-economic evaluation of public investment projects concerning railway infrastructure. It builds on previous research aimed at evaluating the impacts of measures implemented to increase safety and reliability of railway transport. The subject matter of the paper is the evaluation of socio-economic impacts of partial occurrences that arise in the field of railway infrastructure. From a methodological point of view, the evaluation is based on a detailed survey of occurrences incurring in the 2011–2018 period. Using the results of previous research, occurrences incurring on the railway infrastructure relevant to the evaluation were identified. Furthermore, unit impacts of occurrences in the form of health impacts, train delays and overall costs were identified. By combining the above-mentioned input information and outputs of a detailed analysis of the Occurrence Database, the average values of the socio-economic impacts of relevant occurrences were determined. The results of the research carried out shall be further used as an input for the evaluation of the benefits associated with increasing the safety and reliability of the railway infrastructure.

Keywords

Economic Efficiency; Invesment Projects; Railways; Occurrences

Released

22.02.2021

Publisher

Elsevier B. V.

Location

Amsterdam, Netherlands

ISBN

1877-0509

Periodical

Procedia Computer Science

Year of study

2021

Number

181

State

NL

Pages from

76

Pages to

83

Pages count

8

URL

https://reader.elsevier.com/reader/sd/pii/S1877050921001447?token=0DEFF2FF90A0E41F5E353268ED315B3E0E7491DA8950A4A21C067166622D7E16B645F931029A244E59781C2A152FA879

Full text in the Digital Library

http://hdl.handle.net/11012/200999

Documents

BibTex 


@inproceedings{BUT169741,
  author="Vít {Hromádka} and Jana {Korytárová} and Eva {Vítková} and Herbert {Seelmann} and Tomáš {Funk}",
  title="Economic Impact of Occurrences on Railways",
  annote="The  issue  of  economic  evaluation  of  investment  projects  is  a  field  focusing  on  socio-economic  impact  assessment  of  projects  implemented within the public sector. This paper is focused on socio-economic evaluation of public investment projects concerning railway infrastructure. It builds on previous research aimed at evaluating the impacts of measures implemented to increase safety and  reliability  of  railway  transport.  The  subject  matter  of  the  paper  is  the  evaluation  of  socio-economic  impacts  of  partial  occurrences  that  arise  in  the  field  of  railway  infrastructure.  From  a  methodological  point  of  view,  the  evaluation  is  based  on  a  detailed survey of occurrences incurring in the 2011–2018 period. Using the results of previous research, occurrences incurring on the railway infrastructure relevant to the evaluation were identified. Furthermore, unit impacts of occurrences in the form of health impacts,  train  delays  and  overall  costs  were  identified.  By  combining  the  above-mentioned  input  information  and  outputs  of  a  detailed  analysis  of  the  Occurrence Database,  the  average  values  of  the  socio-economic  impacts  of  relevant  occurrences  were determined. The results of the research carried out  shall be further used as an input for the evaluation of the benefits associated with increasing the safety and reliability of the railway infrastructure.",
  address="Elsevier B. V.",
  booktitle="CENTERIS 2020 - International Conference on ENTERprise Information Systems / ProjMAN 2020 - International Conference on Project MANagement / HCist 2020 - International Conference on Health and Social Care Information Systems and Technologies 2020",
  chapter="169741",
  doi="10.1016/j.procs.2021.01.107",
  howpublished="online",
  institution="Elsevier B. V.",
  number="181",
  year="2021",
  month="february",
  pages="76--83",
  publisher="Elsevier B. V.",
  type="conference paper"
}