Abstract
After revision of the Railway Business Act in 2000, the abolition of the local railway has increased in Japan. However, continuing activities by people living along local line has been focussed in recent years. Moreover, a lot of local railway's business are obtaining the subsidy from the municipality where railway route is located. When the government puts out the grant to the company, it is necessary to have the accountability for the peoples. This research is focused on the value of the local railways for residents are measured, and an economical value of that is estimate by using the Contingent Valuation Method. As for the route for analysis in Nagano, Bessho-line(Ueda), Yashiro-line(Nagano) and Kamikohchi-line(Matsumoto) were chosen. Moreover, policies of each municipality to these routes are evaluated by using these values.
