Publication detail

Occurrences in Czech Railway Infrastructure and their Relation to the Economic Efficiency of Investments

HROMÁDKA, V. KORYTÁROVÁ, J. VÍTKOVÁ, E.

Original Title

Occurrences in Czech Railway Infrastructure and their Relation to the Economic Efficiency of Investments

Type

conference paper

Language

English

Original Abstract

The paper focuses on the evaluation of impacts of occurrences in the Czech railway transport system on social and economic benefits and financial efficiency of investment projects in railway infrastructure. The evaluation of financial and economic efficiency of investment projects financed from the funds of the European Union is based on the Guide to Cost-Benefit Analysis of Investment Projects by European Commission from 2014. In the Czech Republic, this Guide has been complemented, for the purposes of economic and financial evaluation of projects in transport infrastructure, by the Departmental Guideline for the Evaluation of Economic Effectiveness of Transport Construction Projects by the Ministry of Transport of the Czech Republic which specifies economic evaluation of projects of roads and highways, railways and waterways important for traffic. The Departmental Guideline defines benefits which can be included into the economic evaluation, e.g. savings in the operation costs, the decrease in costs connected with accidents, the decrease in costs connected with the travel time or negative externalities usually related to impacts on the environment. However, in the case of the railway infrastructure, benefits connected to the increase in safety and fluency of the transport due to introducing security and information systems are not taken into account, even if these investments form a standard part of most railway infrastructure investment projects. The objective of the paper is to identify both the number and the structure of railways occurrences, which can influence effective functioning of railway transport for the purpose of their subsequent research in order to take into account decrease in their use in economic analysis. The methodology of the research is based on detailed analysis of individual occurrences which happened on Czech railways during past three years. The output of this paper provides a detailed statistic of occurrences including damage caused and propose recommendations for the next steps which should lead to the quantification of relevant benefits.

Keywords

Economic efficiency; Railways; Occurrences

Authors

HROMÁDKA, V.; KORYTÁROVÁ, J.; VÍTKOVÁ, E.

Released

5. 12. 2019

Publisher

IOP Publishing Ltd

Location

UK

ISBN

1757-8981

Periodical

IOP Conference Series: Materials Science and Engineering

Year of study

2019

Number

660

State

United Kingdom of Great Britain and Northern Ireland

Pages from

1

Pages to

7

Pages count

7

URL

https://iopscience.iop.org/article/10.1088/1757-899X/660/1/012014

BibTex

@inproceedings{BUT160729,
  author="Vít {Hromádka} and Jana {Korytárová} and Eva {Vítková}",
  title="Occurrences in Czech Railway Infrastructure and their Relation to the Economic Efficiency of Investments",
  booktitle="4th International Conference on Innovative Materials, Structures and Technologies (IMST 2019)",
  year="2019",
  journal="IOP Conference Series: Materials Science and Engineering",
  volume="2019",
  number="660",
  pages="1--7",
  publisher="IOP Publishing Ltd",
  address="UK",
  doi="10.1088/1757-899X/660/1/012014",
  issn="1757-8981",
  url="https://iopscience.iop.org/article/10.1088/1757-899X/660/1/012014"
}