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Is there any economic justification for high-speed railways in the United States?

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  • Button, Kenneth

Abstract

► The paper offers counter arguments to the economic case being put forward for the construction of high-speed railways in the US.

Suggested Citation

  • Button, Kenneth, 2012. "Is there any economic justification for high-speed railways in the United States?," Journal of Transport Geography, Elsevier, vol. 22(C), pages 300-302.
    • Handle: RePEc:eee:jotrge:v:22:y:2012:i:c:p:300-302
    DOI: 10.1016/j.jtrangeo.2012.01.025
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    References listed on IDEAS

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    1. Aschauer, David Alan, 1989. "Is public expenditure productive?," Journal of Monetary Economics, Elsevier, vol. 23(2), pages 177-200, March.
    2. Ginés de Rus & Gustavo Nombela, 2007. "Is Investment in High Speed Rail Socially Profitable?," Journal of Transport Economics and Policy, University of Bath, vol. 41(1), pages 3-23, January.
    3. Clifford Winston, 1991. "Efficient Transportation Infrastructure Policy," Journal of Economic Perspectives, American Economic Association, vol. 5(1), pages 113-127, Winter.
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    Cited by:

    1. Liu, Xueli & Jiang, Chunxia & Wang, Feng & Yao, Shujie, 2021. "The impact of high-speed railway on urban housing prices in China: A network accessibility perspective," Transportation Research Part A: Policy and Practice, Elsevier, vol. 152(C), pages 84-99.
    2. Yu. Yu. Ponomarev & D. M. Radchenko, 2023. "Assessment of the Effects of High-Speed Rail Development: Global Experience and Russia’s Outlook," Studies on Russian Economic Development, Springer, vol. 34(1), pages 124-131, February.
    3. Huang, Zhonghua & Du, Xuejun, 2021. "How does high-speed rail affect land value? Evidence from China," Land Use Policy, Elsevier, vol. 101(C).
    4. Guirao, Begoña, 2013. "Spain: highs and lows of 20years of HSR operation," Journal of Transport Geography, Elsevier, vol. 31(C), pages 201-206.
    5. Cartenì, Armando & Pariota, Luigi & Henke, Ilaria, 2017. "Hedonic value of high-speed rail services: Quantitative analysis of the students’ domestic tourist attractiveness of the main Italian cities," Transportation Research Part A: Policy and Practice, Elsevier, vol. 100(C), pages 348-365.
    6. Culver, Gregg, 2016. "End of the line: The spatial framing of high-speed rail in Wisconsin," Journal of Transport Geography, Elsevier, vol. 51(C), pages 70-76.
    7. Chen, Zhenhua & Haynes, Kingsley E., 2015. "Impact of high speed rail on housing values: an observation from the Beijing–Shanghai line," Journal of Transport Geography, Elsevier, vol. 43(C), pages 91-100.
    8. Chen, Zhe & Wang, Zhengli & Jiang, Hai, 2019. "Analyzing the heterogeneous impacts of high-speed rail entry on air travel in China: A hierarchical panel regression approach," Transportation Research Part A: Policy and Practice, Elsevier, vol. 127(C), pages 86-98.
    9. Angela S. Bergantino & Claudia Capozza & Mauro Capurso, 2018. "Pricing strategies: who leads and who follows in the air and rail passenger markets in Italy," Applied Economics, Taylor & Francis Journals, vol. 50(46), pages 4937-4953, October.
    10. Wang, Yunmin & Cao, Guohua & Yan, Youliang & Wang, Jingjing, 2022. "Does high-speed rail stimulate cross-city technological innovation collaboration? Evidence from China," Transport Policy, Elsevier, vol. 116(C), pages 119-131.
    11. Chuantao Cui & Leona Shao-Zhi Li, 2019. "High-speed rail and inventory reduction: firm-level evidence from China," Applied Economics, Taylor & Francis Journals, vol. 51(25), pages 2715-2730, May.
    12. Chen, Zhenhua, 2017. "Impacts of high-speed rail on domestic air transportation in China," Journal of Transport Geography, Elsevier, vol. 62(C), pages 184-196.
    13. (Ato) Xu, Wangtu & Huang, Ying, 2019. "The correlation between HSR construction and economic development – Empirical study of Chinese cities," Transportation Research Part A: Policy and Practice, Elsevier, vol. 126(C), pages 24-36.
    14. Avogadro, Nicolò & Cattaneo, Mattia & Paleari, Stefano & Redondi, Renato, 2021. "Replacing short-medium haul intra-European flights with high-speed rail: Impact on CO2 emissions and regional accessibility," Transport Policy, Elsevier, vol. 114(C), pages 25-39.
    15. Guirao, Begoña & Campa, Juan Luis, 2014. "A methodology for prioritising HSR corridors: from U.S. theory to Spanish practice," Journal of Transport Geography, Elsevier, vol. 35(C), pages 95-106.
    16. Hongsheng Chen & Dongqi Sun & Zhenjun Zhu & Jun Zeng, 2016. "The Impact of High-Speed Rail on Residents’ Travel Behavior and Household Mobility: A Case Study of the Beijing-Shanghai Line, China," Sustainability, MDPI, vol. 8(11), pages 1-14, November.
    17. Shahin Shakibaei & Pelin Alpkokin, 2019. "Conflict Resolution in Competitive Liberalized Railway Market: Application of Game Theoretic Concepts," International Game Theory Review (IGTR), World Scientific Publishing Co. Pte. Ltd., vol. 22(01), pages 1-21, November.
    18. Moshe Givoni, 2020. "The high‐speed bus (HSB) as an alternative to the high‐speed rail (HSR): A conceptual approach examined through a case study," Regional Science Policy & Practice, Wiley Blackwell, vol. 12(3), pages 507-518, June.
    19. Yuxiang Wang & Xueli Liu & Feng Wang, 2018. "Economic Impact of the High-Speed Railway on Housing Prices in China," Sustainability, MDPI, vol. 10(12), pages 1-21, December.
    20. Wenjie Wu & Yutian Liang & Di Wu, 2016. "Evaluating the Impact of China’s Rail Network Expansions on Local Accessibility: A Market Potential Approach," Sustainability, MDPI, vol. 8(6), pages 1-11, May.
    21. Pagliara, Francesca & Mauriello, Filomena, 2020. "Modelling the impact of High Speed Rail on tourists with Geographically Weighted Poisson Regression," Transportation Research Part A: Policy and Practice, Elsevier, vol. 132(C), pages 780-790.
    22. Huang, Yuxia & Jiang, Chenxin & Wang, Kun & Xiao, Yibin & Zhang, Anming, 2021. "Public-private partnership in high-speed rail financing: Case of uncertain regional economic spillovers in China," Transport Policy, Elsevier, vol. 106(C), pages 64-75.
    23. Li, Xiaolong & Wu, Zongfa & Zhao, Xingchen, 2020. "Economic effect and its disparity of high speed rail in China: A study of mechanism based on synthesis control method," Transport Policy, Elsevier, vol. 99(C), pages 262-274.

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