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Basic Rail Transportation Infrastructure Index

From Wikipedia, the free encyclopedia

TheBasic Rail Transportation Infrastructure Index (BRTI Index) is a synthetic measure combiningrail transportation metrics (existence of modern rail networks and average speed of main inter-urban itineraries) andcost efficiency observations, used as an indicator a country’s relative development in modern land transportation.[1]

The index was first developed byWorld Pensions Council (WPC)financial economists within a cross-country comparative framework that included ten key jurisdictions: the UK, Canada, China, France, Germany, Italy, Russia, Turkey, the US, and Brazil.

The relative advancement of a nation’s (rail) transportation infrastructure can also be measured using a more refined model called (Modified) Rail Transportation Infrastructure Index: ‘(M) RTI’ or simply ‘RTI’, whereby cost-efficiency is given more weight (x2) than average speed (x1), thus allowing for more robust cross-country comparisons[2]

References

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  1. ^Firzli, M. Nicolas J. (2013)."Transportation Infrastructure and Country Attractiveness".Revue Analyse Financière. Paris. Retrieved26 April 2014.
  2. ^M. Nicolas J. Firzli :‘2014 LTI Rome Conference: Infrastructure-Driven Development to Conjure Away the EU Malaise?’, Revue Analyse Financière, Q1 2015 – Issue N°54
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