Impacts of public policy on rail development in Missouri.
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2009-09-01
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By Cambridge Systematics ...
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Edition:Final report.
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Abstract:Identifying the State policies that most directly affect or advance railroad development begins with an
understanding of how railroads make investment decisions. Railroads are a capital-intensive business,
owning all physical assets, locomotives, and many rail cars, and are responsible for each train movement
and for the systems that manage traffic on the entire rail network. State policies that enhance the financial
return of maintenance or expansion projects can attract investments to a State. The State policies that most
directly affect railroad decision-making are: taxation, particularly property taxes; highway-rail grade
crossing programs; rail safety enforcement; and economic incentives for railroad investments.
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Main Document Checksum:urn:sha256:b4aeb1fbbef503c2ac54717daf5913fff3349232615c45d427131903f8011388
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