Examination of Legal Problems on the Sustainability of the Funding for New Shinkansen Lines

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  • 整備新幹線財源の持続可能性に関する法制的問題点の検討
  • セイビ シンカンセン ザイゲン ノ ジゾク カノウセイ ニ カンスル ホウセイテキ モンダイテン ノ ケントウ

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Abstract

<p>The infrastructure fee of New Shinkansen lines charged to JR companies is revenue for constructing new routes. However, since the fund is used for a long time in order to cover construction costs of about 3 trillion yen, the construction of new routes has to be delayed and there is growing criticism of this mechanism. Moreover, it is feared that the adjustment amount from freight may increases. This paper analyzes the circumstances where freight adjustment amount could be an option to generate funds to maintain parallel conventional railway lines. This paper also proposes new sources of funding, such as extension of the period of the infrastructure fee, practical use of the financial margin of Japan Railway Construction Agency and sale of the Shinkansen infrastructure after the end of a lease period.</p>

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