Rail privatization in Britain has led to a division of responsibility for investment between Railtrack (infrastructure) and rolling stock leasing companies and operators (rolling stock). However, public bodies — the Office of Passenger Rail Franchising (OPRAF) and the Office of the Rail Regulator (ORR) — still have a considerable influence. This paper describes the new system and offers a critical analysis of the way it is working, with particular reference to the approach to appraisal put forward by OPRAF in its recent appraisal guide.


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    Titel :

    Investment planning and appraisal issues in the privatized railway — the British experience


    Beteiligte:
    Bristow, A. L. (Autor:in) / Preston, J. M. (Autor:in) / Nash, C. A. (Autor:in)

    Erschienen in:

    Transport Reviews ; 18 , 4 ; 353-362


    Erscheinungsdatum :

    1998-10-01


    Format / Umfang :

    10 pages




    Medientyp :

    Aufsatz (Zeitschrift)


    Format :

    Elektronische Ressource


    Sprache :

    Unbekannt



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