Publication detail

Methodological Approach Valuating The Impacts Associated With Occurrences On Railways

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

Original Title

Methodological Approach Valuating The Impacts Associated With Occurrences On Railways

Type

article in a collection out of WoS and Scopus

Language

English

Original Abstract

The paper focuses on the evaluation of the socio-economic impacts of the implementation of the investment projects aimed at increasing the railway line safety and reliability. The article builds upon the research activity carried out within the applied research project "Evaluation of increased safety and reliability of railway infrastructure after its modernization or reconstruction". The benefits connected with this increase have already existed, however they have not been evaluated and used in the economic evaluation. The research aims to achieve the balance between real benefits and benefits involved in the economic evaluation to ensure the correct results for the decision-making process. The aim of the paper is to design and verify a methodological approach for evaluating of the benefits associated with reducing of the number of occurrences on the railway. The paper summarizes key information on the socio-economic evaluation of public investment projects in transport infrastructure with a special focus on the railway infrastructure, paying particular attention to the occurrence emergence on the railway and their impacts. The paper outputs bring the verification of the accuracy in determining of the expected impact of relevant occurrence emerging in the corresponding railway sections using both detailed and simplified approaches, which are proposed within the paper. The verification was performed on six railway revitalization projects implemented in the 2015-2016 period. Recommendations for the use of the elaborated detailed and simplified approaches are presented in the last part of the paper together with the formulation of further expected steps within the addressed research project.

Keywords

Investments; Efficiency; Railways; Occurrences; Socio-Economic Impacts

Authors

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

Released

18. 11. 2021

Publisher

Varazdin Development and Entrepreneurship Agency

Location

Varazdin, Croatia

ISBN

1849-7535

Periodical

Book Series: International Scientific Conference on Economic and Social Development

Year of study

2021

Number

74

State

Republic of Croatia

Pages from

264

Pages to

272

Pages count

9

URL

https://www.esd-conference.com/past-conferences

BibTex

@inproceedings{BUT175500,
  author="Vít {Hromádka} and Jana {Korytárová} and Eva {Vítková} and Herbert {Seelmann} and Tomáš {Funk}",
  title="Methodological Approach Valuating The Impacts Associated With Occurrences On Railways",
  booktitle="Economic and Social Development, 74th International Scientific Conference on Economic and Social Development Development, Book of Proceedings",
  year="2021",
  journal="Book Series: International Scientific Conference on Economic and Social Development",
  volume="2021",
  number="74",
  pages="264--272",
  publisher="Varazdin Development and Entrepreneurship Agency",
  address="Varazdin, Croatia",
  issn="1849-7535",
  url="https://www.esd-conference.com/past-conferences"
}