Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/146086
Authors: 
Werner, Max
Eißing, Klaus
Langton, Sebastian
Year of Publication: 
2016
Series/Report no.: 
Working Paper Series, Helmut Schmidt University Hamburg, Department of Economics 166
Abstract: 
This research estimates the shared value created by constructing a hypothetical Hyperloop to transport cargo along 300 km in Northern Germany. Following Porter-Kramer (2011), we identified and evaluated eight factors that create shared value: travel speed, operating costs, safety, noise pollution, air pollution, climate effect/carbon footprint, separation effect/ property efficiency, and maintenance. Using official data compiled by several German institutes and organizations, we conducted comparative analysis to quantify and compare the abovementioned factors for Hyperloop and over-the-road cargo transport in Germany. Then, we monetized the individual and collective benefits of the shared value created by Hyperloop replacing a significant share of cargo transported by truck. Our findings indicate that the hypothetical Hyperloop project in Northern Germany would create e660 to e900 million of shared value annually. Our research method establishes a framework for assessing future transportation projects like Hyperloop, and our findings can be generalized to industrialized nations beyond Germany.
Subjects: 
Transportation
Technology
Innovation
Logistic
Shared Value
Cargo transportation
JEL: 
R49
Q55
L99
Document Type: 
Working Paper

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