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This chapter provides a taxonomy of key rolling stock types and covers the key engineering principles. This chapter concentrates on the aspects of the rolling stock that make it sustainable in terms of passenger transportation; these aspects are primarily safety and crashworthiness. These are specific items that contribute to make the rolling stock and hence rail system more sustainable; passengers need to be confident that they are travelling in safe rolling stock and the vehicle consist, manufacturing technique or materials used should not compromise the crashworthiness aspects. For this reason, all aspects of this chapter reference vehicle safety and crashworthiness.

When a stock is added into the S&P 500 Index, it in effect becomes cross-listed in the Index derivative markets. When index-based trading strategies such as index arbitrage are executed, the component stocks are directly affected by such trading. We find increased volatility of daily returns, plus increased trading volume for the underlying stocks. Utilizing a list of S&P 500 Index composition changes over the period September 1976 to December 2005, we study the market-adjusted volume turnover and return variance of the stocks added to and deleted from the Index. The results indicate that after the introduction of the S&P 500 Index futures and options contracts, stocks added to the S&P 500 experience statistically significant increase in both trading volume and return volatility. Both daily and monthly return variances increase following index inclusion. When stocks are removed from the index, though, neither volatility of returns nor trading volume experiences any significant change. So, we have new evidence showing that Index inclusion changes a firm's return volatility, and supporting the destabilization hypothesis.

This chapter describes the approach to sustainable rail passenger rolling stock in terms of interior passive safety requirements within the European market. It is intended to give the background and logistical approach for the future introduction of a standard as an aid for the design and validation of the interiors of passenger rail vehicles. Also discussed is the acceptance of the proposed European-based standard into the regulatory system of the technical specifications for interoperability. Methodologies for design assessment and validation will be discussed. This chapter is intended to encourage an acceptance of the standard for interior passive safety as a realistic and cost-effective method of improving rail vehicle safety in terms of the passenger interfaces with the rail stock interior.

This paper presents the second-generation estimates for the Italian engineering industry in 1911, a year documented both by the customary demographic census, and the first industrial census. The first part of this paper uses the census data to estimate the industry’s value added, sector by sector; the second further disaggregates each sector by activity, and estimates the value added, employment, physical product, and metal consumption of each one. A third, concluding section dwells on the dependence of cross-section estimates on time-series evidence. Three appendices detail the specific algorithms that generate the present estimates; a fourth, a useful sample of firm-specific data.

The role of railways within urban areas is analysed, covering ‘metro’ systems (self-contained heavy rail networks, often with substantial underground sections), light rail (both upgraded street tramways and newer systems), and travel by regional and national railways within urban areas. Basic operating characteristics, system capacity, capital costs, and technological change are examined. ‘Sustainability’ is analysed in respect of energy use and environmental impact, railways’ role in supporting high-density urban living (with associated benefits through greater use of non-motorised modes), and financial aspects (coverage of operating costs and ability to finance capital renewals). Current issues examined include the effect of users shifting to more flexible working patterns, the Covid pandemic, automation, and ownership. In general, urban railways can be seen to support a sustainable lifestyle, although some issues do arise in respect of longer distance commuting.