Appraisal of investments in European nodal centres for goods - freight villages: A comparative analysis

Tsamboulas, DA; Dimitropoulos, I

dc.contributor.author	Tsamboulas, DA	en
dc.contributor.author	Dimitropoulos, I	en
dc.date.accessioned	2014-03-01T01:14:24Z
dc.date.available	2014-03-01T01:14:24Z
dc.date.issued	1999	en
dc.identifier.issn	0049-4488	en
dc.identifier.uri	https://dspace.lib.ntua.gr/xmlui/handle/123456789/13056
dc.subject	Appraisal	en
dc.subject	Freight terminals	en
dc.subject	Freight villages	en
dc.subject	Intermodal transport	en
dc.subject	Investments	en
dc.subject	Nodal centres	en
dc.subject.classification	Engineering, Civil	en
dc.subject.classification	Transportation	en
dc.subject.classification	Transportation Science & Technology	en
dc.subject.other	Decision theory	en
dc.subject.other	Modal analysis	en
dc.subject.other	Public policy	en
dc.subject.other	Risk management	en
dc.subject.other	Statistical tests	en
dc.subject.other	Appraisal methods	en
dc.subject.other	Intermodal transport	en
dc.subject.other	Freight transportation	en
dc.subject.other	comparative study	en
dc.subject.other	freight transport	en
dc.subject.other	investment	en
dc.subject.other	transportation economics	en
dc.subject.other	Europe	en
dc.title	Appraisal of investments in European nodal centres for goods - freight villages: A comparative analysis	en
heal.type	journalArticle	en
heal.identifier.primary	10.1023/A:1005134525773	en
heal.identifier.secondary	http://dx.doi.org/10.1023/A:1005134525773	en
heal.language	English	en
heal.publicationDate	1999	en
heal.abstract	The paper presents and analyses appraisal methods used for the assessment of potential investments in Nodal Centers for Goods (also called Freight Villages), which constitute an essential element of the Trans-European Network for Intermodal Transport. A methodological procedure is applied to identify the underlying factors that influence the choice of an appraisal method, without assessing or comparing the appraisal methods themselves. Following this procedure, issues addressed by the methods are grouped into three broad dimensions and with the use of non-parametric statistical tests, existing relationships are identified between nodal centres' characteristics, the appraisal methods, as well as the actors involved in the decision process. On applying the above procedure to European Nodal Centres for goods, it is found that the choice of appraisal method and the decision criteria for the investment are linked primarily to the nodal centre's size, catchment area, and the support or absence of political approval for the investment. The results of the analysis can be particularly useful at the policy making level, serving as non-formal 'qualitative guidelines' to identify the appraisal method to be applied, as well as the options and impacts to be considered.The paper presents and analyzes appraisal methods used for the assessment of potential investments in Nodal Centers for Goods (also called Freight Villages), which constitute an essential element of the Trans-European Network for Intermodal Transport. A methodological procedure is applied to identify the underlying factors that influence the choice of an appraisal method, without assessing or comparing the appraisal methods themselves. Following this procedure, issues addressed by the methods are grouped into three broad dimensions and with the use of non-parametric statistical tests, existing relationships are identified between nodal centres' characteristics, the appraisal methods, as well as the actors involved in the decision process. On applying the above procedure to European Nodal Centres for goods, it is found that the choice of appraisal method and the decision criteria for the investment are linked primarily to the nodal centre's size, catchment area, and the support or absence of political approval for the investment. The results of the analysis can be particularly useful at the policy making level, serving as non-formal `qualitative guidelines' to identify the appraisal method to be applied, as well as the options and impacts to be considered.	en
heal.publisher	Kluwer Academic Publishers, Dordrecht, Netherlands	en
heal.journalName	Transportation	en
dc.identifier.doi	10.1023/A:1005134525773	en
dc.identifier.isi	ISI:000083274600004	en
dc.identifier.volume	26	en
dc.identifier.issue	4	en
dc.identifier.spage	381	en
dc.identifier.epage	398	en