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Christopher P.L.Barkan Grimes, George Avery 2015-09-25T21:03:53Z 2015-09-25T21:03:53Z 10000-01-01 2004 2004 This research combines engineering, economic, and financial methods and makes contributions in each area. Railroad maintenance strategies that rely more heavily on capital investment are more cost effective. Infrastructure capital spending is caused by current and future output, and is therefore a short run marginal cost. Railroad marginal cost formulae appear to substantially underestimate the true incremental nature of ongoing capital expenditures. Regulatory average variable cost formulae do not incorporate variable capital expenditures suggesting that Surface Transportation Board estimates of revenue to variable cost are overstated, subjecting a larger share of rail traffic to potential economic regulation than would otherwise occur. Made available in DSpace on 2015-09-25T21:03:53Z (GMT). No. of bitstreams: 2 license.txt: 4848 bytes, checksum: 96035ab3f5e1c23cc7138a224ce498bd (MD5) 3160889.pdf: 15181400 bytes, checksum: ed8f24e016f19ce5f7616e1934cd4e6b (MD5) Previous issue date: 2004 Embargo set by: Seth Robbins for item 84532 Lift date: Forever Reason: Restricted to the U of I community idenfinitely during batch ingest of legacy ETDs Restricted to the U of I community idenfinitely during batch ingest of legacy ETDs U of I Only 266 p. Thesis (Ph.D.)--University of Illinois at Urbana-Champaign, 2004. http://hdl.handle.net/2142/83251 (MiAaPQ)AAI3160889 eng Economics, Commerce-Business Recovering Capital Expenditures: The Railroad Industry Paradox text Civil Engineering Civil Engineering University of Illinois at Urbana-Champaign Dissertation Ph.D.