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

Type

conference paper

Language

English

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.

Keywords

Economic Efficiency; Invesment Projects; Railways; Occurrences

Authors

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

Released

22. 2. 2021

Publisher

Elsevier B. V.

Location

Amsterdam, Netherlands

ISBN

1877-0509

Periodical

Procedia Computer Science

Year of study

2021

Number

181

State

Kingdom of the Netherlands

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

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",
  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",
  year="2021",
  journal="Procedia Computer Science",
  volume="2021",
  number="181",
  pages="76--83",
  publisher="Elsevier B. V.",
  address="Amsterdam, Netherlands",
  doi="10.1016/j.procs.2021.01.107",
  issn="1877-0509",
  url="https://reader.elsevier.com/reader/sd/pii/S1877050921001447?token=0DEFF2FF90A0E41F5E353268ED315B3E0E7491DA8950A4A21C067166622D7E16B645F931029A244E59781C2A152FA879"
}