{"id":{"repo_id":"uiuc","oai_identifier":"oai:www.ideals.illinois.edu:2142/83251"},"canonical_url":"https://search.dev.ndltd.org/etd/uiuc/oai:www.ideals.illinois.edu:2142/83251","repository":{"repo_id":"uiuc","name":"University of Illinois - Urbana-Champaign","base_url":"https://www.ideals.illinois.edu/oai-pmh"},"display":{"title":"Recovering Capital Expenditures: The Railroad Industry Paradox","abstract":"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.","abstract_html":"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.","abstract_has_math":false,"creators":["Grimes, George Avery"],"institution":"University of Illinois at Urbana-Champaign","degree_name":"Ph.D.","degree_level":"Dissertation","degree_discipline":"Civil Engineering","degree_department":null,"school":null,"contributors":["Christopher P.L.Barkan"],"advisors":[],"committee_chairs":[],"committee_members":[],"year":2015,"date_issued":"2015-09-25T21:03:53Z","date_published":"2015-09-25T21:03:53Z","updated_at":"2026-07-22T22:26:20Z","subjects":["Economics, Commerce-Business"],"languages":["eng"],"rights":[],"rights_urls":[],"identifier_entries":[{"key":"dc:identifier","label":"Identifier","values":["(MiAaPQ)AAI3160889"],"render_values":[{"text":"(MiAaPQ)AAI3160889","href":null,"code":true}]}]},"links":{"outbound_url":"http://hdl.handle.net/2142/83251","outbound_label":"Handle","outbound_source":"dc:identifier"},"metadata_groups":[{"id":"people","label":"People","entries":[{"key":"dc:contributor","label":"Contributor","values":["Christopher P.L.Barkan"]},{"key":"dc:creator","label":"Author","values":["Grimes, George Avery"]}]},{"id":"academic_context","label":"Academic Context","entries":[{"key":"dc:date","label":"Dc Date","values":["2015-09-25T21:03:53Z","10000-01-01","2004"]},{"key":"dc:type","label":"Dc Type","values":["text"]},{"key":"thesis:degree_discipline","label":"Discipline","values":["Civil Engineering"]},{"key":"thesis:degree_level","label":"Degree Level","values":["Dissertation"]},{"key":"thesis:degree_name","label":"Degree Name","values":["Ph.D."]},{"key":"thesis:institution_name","label":"Thesis Institution Name","values":["University of Illinois at Urbana-Champaign"]}]},{"id":"subjects_keywords","label":"Subjects and Keywords","entries":[{"key":"dc:subject","label":"Dc Subject","values":["Economics, Commerce-Business"]}]},{"id":"language_rights","label":"Language and Rights","entries":[{"key":"dc:language","label":"Dc Language","values":["eng"]}]},{"id":"identifiers","label":"Identifiers","entries":[{"key":"dc:identifier","label":"Identifier","values":["http://hdl.handle.net/2142/83251","(MiAaPQ)AAI3160889"]}]},{"id":"additional","label":"Additional Metadata","entries":[{"key":"dc:description","label":"Description","values":["This research combines engineering, economic, and financial methods and makes contributions in each area. 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