The article justifies the economic appraisal of investments in the construction of railway lines with the allowance for socio-economic and ecological effects, as well as the probabilistic nature of the project environment. Examples of external benefits associated with railway project realization would be tax payments to the federal budgets, an increase in regional employment level, the reduction of environmental costs due to decrease in levels of air pollution, noise and climate change as a whole. The study aims to develop a probabilistic model of cash flows, effects and costs to compute the effectiveness of budget investments in complex infrastructure facilities.

@inproceedings{oscm-2020-1803,
  title={SOCIO-ECONOMIC AND ECOLOGICAL EFFECTS IN PROBABILISTIC APPRAISAL OF RAILWAY PROJECT},
  year={2020},
  author={Ekaterina Kazaku and Elena Zvereva and Yulia Panova},
  booktitle={Proceedings of the 10th International Conference on Operations and Supply Chain Management, 2020},
  doi={10.31387/oscm490271}
}

Ekaterina Kazaku, Elena Zvereva, Yulia Panova (2020). SOCIO-ECONOMIC AND ECOLOGICAL EFFECTS IN PROBABILISTIC APPRAISAL OF RAILWAY PROJECT. In Proceedings of the 10th International Conference on Operations and Supply Chain Management, 2020. https://doi.org/10.31387/oscm490271