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Economic Analysis of High Speed Rail in Europe

Editor

Listed:
  • De Rus Mendoza Ginés
    (UNIVERSIDAD DE LAS PALMAS DE GRAN CANARIA)

Abstract

The aim of this report is to contribute to the economic analysis of new high speed rail investment projects requiring public funds. The economic evaluation of projects can help governments to obtain a clearer view of the expected net benefits of different lines of action, as it attempts to identify the projects which really deserve the sacrifice of other social needs competing for the same public funds. We analyze the circumstances under which society may benefit from investing in high speed rail, and when it is sensible to delay the investment decision.The high speed rail network may be built gradually, adding new lines once the economic evaluation of projects shows a positive social profitability.

Suggested Citation

  • De Rus Mendoza Ginés (ed.), 2012. "Economic Analysis of High Speed Rail in Europe," Reports, Fundacion BBVA / BBVA Foundation, number 2012126, spring.
  • Handle: RePEc:fbb:report:2012126
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    Citations

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    Cited by:

    1. Tang, Zhaopei & Wang, Liehui & Wu, Wei, 2023. "The impact of high-speed rail on urban carbon emissions: Evidence from the Yangtze River Delta," Journal of Transport Geography, Elsevier, vol. 110(C).
    2. Dongmei Li & Renai Jiang & Zheyuan Lu & Shanghong Sun & Longguo Wang, 2023. "Does the Construction of High-Speed Rail Change the Development of Regional Finance?," Sustainability, MDPI, vol. 15(13), pages 1-27, July.
    3. Komikado, Hiroshi & Morikawa, So & Bhatt, Ayushman & Kato, Hironori, 2021. "High-speed rail, inter-regional accessibility, and regional innovation: Evidence from Japan," Technological Forecasting and Social Change, Elsevier, vol. 167(C).
    4. Li, Xiaoyu & Jiang, Changmin & Wang, Kun & Ma, Jun, 2018. "Determinants of partnership levels in air-rail cooperation," Journal of Air Transport Management, Elsevier, vol. 71(C), pages 88-96.
    5. Álvarez-SanJaime, Óscar & Cantos-Sanchez, Pedro & Moner-Colonques, Rafael & Sempere-Monerris, Jose J., 2021. "The effect of cooperative infrastructure fees on high-speed rail and airline competition," Transport Policy, Elsevier, vol. 112(C), pages 125-141.
    6. Marti-Henneberg, Jordi, 2015. "Attracting travellers to the high-speed train: a methodology for comparing potential demand between stations," Journal of Transport Geography, Elsevier, vol. 42(C), pages 145-156.

    More about this item

    Keywords

    rail transport; high speed; costs; demand;
    All these keywords.

    JEL classification:

    • H54 - Public Economics - - National Government Expenditures and Related Policies - - - Infrastructures

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