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The objectives of the study are as follows: (1) Determine if short line railroads are a viable transportation alternative to abandonment; (2) Identify the key factors that determine short line success or failure; and (3) Compile a profile of a successful short line railroad to help guide the allocation of state financial assistance. A profile for a profitable short line railroad was developed. State financial assistance is recommended and program components presented. A list of additional recommended public policies is also presented. This study concluded that in the current environment, short line railroads are a viable transportation alternative. However, the long term financial survivability of short line roalroads as an industry is not assured.
Includes papers and proceedings of the annual meeting of the American Economic Association. Covers all areas of economic research.
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