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Extension of the high speed rail network in France: Facing the curse that affects PPPs in the rail sector

Author

Listed:
  • Yves Crozet

    (LET - Laboratoire d'économie des transports - UL2 - Université Lumière - Lyon 2 - ENTPE - École Nationale des Travaux Publics de l'État - CNRS - Centre National de la Recherche Scientifique)

Abstract

A large number of public-private partnerships (PPPs) have been awarded in the rail sector during recent decades. A review of rail PPPs over the last 30 years shows that some of them have failed, almost as though there was a curse on railway PPPs. Despite the evidence of risks associated with PPPs in the rail sector, the publicly owned French rail infrastructure manager (RFF) launched two major PPPs and a very large concession between 2010 and 2012. This decision was taken at the request of the government which made extending the network of High Speed Lines (HSLs) the cornerstone of its rail policy. After a description of the curse affecting some rail sector PPPs, the paper proposes a detailed presentation of the main on-going HSR projects in France. The aim of the paper is to explain how RFF and the French public authorities have tried to face the risks that affects rail sector PPPs. Why the government did recommend a concession for the biggest project and PPPs (in the strict sense of the term) for the other two? What are the main risks that remain for the public authorities when large projects face difficulties? The state is very often the lender of last resort but also the operator of last resort because it is usually highly unacceptable to simply close the service down. The paper also considers another major source of risk – the fact that public decision-makers behave like "risk lovers". In this way they provide their private sector partners with margins for manoeuvre that encourage opportunistic behaviours. In order to protect itself from the principal risk the state must first protect itself from itself!

Suggested Citation

  • Yves Crozet, 2014. "Extension of the high speed rail network in France: Facing the curse that affects PPPs in the rail sector," Post-Print halshs-01372609, HAL.
    • Handle: RePEc:hal:journl:halshs-01372609
    DOI: 10.1016/j.retrec.2014.09.065
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    Cited by:

    1. Yu Zang & Wei Shangguan & Baigen Cai & Huashen Wang & Michael G Pecht, 2019. "Methods for fault diagnosis of high-speed railways: A review," Journal of Risk and Reliability, , vol. 233(5), pages 908-922, October.
    2. Martín, Belén & Ortega, Emilio & de Isidro, Ágata & Iglesias-Merchan, Carlos, 2021. "Improvements in high-speed rail network environmental evaluation and planning: An assessment of accessibility gains and landscape connectivity costs in Spain," Land Use Policy, Elsevier, vol. 103(C).
    3. Beria, Paolo & Grimaldi, Raffaele & Albalate, Daniel & Bel, Germà, 2018. "Delusions of success: Costs and demand of high-speed rail in Italy and Spain," Transport Policy, Elsevier, vol. 68(C), pages 63-79.

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