Jules Dupuit and the Railroads: What Is the Role of the State?

Poinsot, Philippe

doi:10.1017/s1053837216000080

Cited by 7 publications

(3 citation statements)

References 25 publications

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“…This holds for instance for railways, for which some parts of Dupuit's work show a clear insight into the imperfection of this market (natural monopoly) and the need for state governance, while in other parts he showed his preference for a liberal market structure; seePoinsot (2012).…”

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confidence: 98%

Approaches to Measure the Wider Economic Impacts of High-Speed Rail and Experiences from Europe

Rothengatter

2019

SSRN Journal

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The European Union introduced the concept of Trans-European transport networks in 1996 and developed it from a set of projects into a comprehensive network plan in 2013. The high-priority components of this plan (for 2050) are a core network and nine core network corridors (CNCs), which the European Union intends to implement until the year 2030. The CNCs focus on improving connectivity, including harmonizing technology and organization as well as removing border resistance. Railways, in particular high-speed railways, are at the core of the CNCs. The evaluation of CNCs through conventional cost-benefit analysis (CBA) is too narrow and could lead to a patchwork of independent projects rather than an integrated network. Therefore, the European Commission has launched several studies on extending CBA with strategic approaches including wider economic impacts and long-term impacts on the environment, climate, and regional/social equity. As there has been no convention for a standard approach until now-contrasting CBA-this paper discusses several possible methodologies. The conclusion favors dynamic approaches that are well calibrated on the base of empirical observations, such as macro-econometric or system dynamics models, over theoretically more challenging general equilibrium models, although the latter are still the mainstream in the economic literature.

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confidence: 98%

Approaches to Measure the Wider Economic Impacts of High-Speed Rail and Experiences from Europe

Rothengatter

2019

SSRN Journal

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“…217–222). On the pure theory of price discrimination, Hadley was anticipated more than three decades by Jules Dupuit; see Ekelund (1970); Poinsot (2016).…”

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‘Value Is Not a Fact’: Reproduction Cost and the Transition From Classical to Neoclassical Regulation in Gilded Age America

Giocoli

2018

J Hist Econ Thought

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The paper draws on Stephen Siegel (1984) to argue that, while paving the way for constitutionalizing the free market in Lochner v. New York (1905), the reproduction cost method that the Supreme Court established in Smyth v. Ames (1898) as the preferred technique for assessing the value of a business for regulatory purposes also exposed the conventional character of any valuation exercise, against the claims of objectivity made by classical economists and mainstream jurists. The inconsistency between recognizing that “value is not a fact” and the classical laissez-faire philosophy underlying the Court’s jurisprudence did not escape progressive critics, who concluded that government could legitimately fine-tune regulation in order to affect a business’s value and pursue alternative socio-economic goals.

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“…4 For instance, this distinction between general interest and public utility is essential to understand the consistency of Dupuit's position on the operation of railroads. For more details, see Poinsot (2016). The paper is organized as follows.…”

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confidence: 99%

Jules Dupuit and the Railroads: What Is the Role of the State?

Cited by 7 publications

References 25 publications

Approaches to Measure the Wider Economic Impacts of High-Speed Rail and Experiences from Europe

Approaches to Measure the Wider Economic Impacts of High-Speed Rail and Experiences from Europe

‘Value Is Not a Fact’: Reproduction Cost and the Transition From Classical to Neoclassical Regulation in Gilded Age America

Redistribution and indirect effects of transport policy and projects in Jules Dupuit's thought

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