The report identifies, evaluates and recommends criteria for the application of economic analysis in areas relating to data and information requirements in railroad freight operations. The demonstrated need for a more consistent and comprehensive application of this analysis resulted in the accumulation of additional data from which cost functions were estimated which might be used by railroad managements and government agencies as a basis for subsequent policy decisions. This research which was conducted at both interfirm and intrafirm levels of analysis produced a set of models calibrated from selected data encompassed in a matrix which were used to estimate production functions and appropriate long run cost functions. These models hopefully will provide valuable assistance to railroad companies as additional sources of information regarding the cost performance of their operation.


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    Title :

    Studies in Railroad Operations and Economics. Volume 13. Costing in Railroad Operations: A Proposed Methodology


    Contributors:

    Publication date :

    1975


    Size :

    79 pages


    Type of media :

    Report


    Type of material :

    No indication


    Language :

    English