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Inversiones en infraestructuras de alta velocidad: esperar es rentable
[Investing in high speed rail: when waiting is socially profitable]

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  • de Rus, Gines

Abstract

Public investment in high speed infrastructure is a priority of the Spanish government. High speed is a technological breakthrough in transport but, from an economic point of view, the question is whether is socially worthy to allocate public funds to this transport option. The answer requires a comparison of benefits and costs for each corridor. In this paper the analysis of the profitability of the high speed rail investment is made using the information obtained from a survey to the users of the corridor Madrid-Zaragoza-Barcelona.

Suggested Citation

  • de Rus, Gines, 2005. "Inversiones en infraestructuras de alta velocidad: esperar es rentable [Investing in high speed rail: when waiting is socially profitable]," MPRA Paper 12657, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:12657
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    References listed on IDEAS

    as
    1. Diego Puga, 2002. "European regional policies in light of recent location theories," Journal of Economic Geography, Oxford University Press, vol. 2(4), pages 373-406, October.
    2. José A. Gómez-Ibáñez & Ginés de Rus (ed.), 2006. "Competition in the Railway Industry," Books, Edward Elgar Publishing, number 4213.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    infrastructure; public investment; transport; railways; cost-benefit analysis;
    All these keywords.

    JEL classification:

    • L92 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Railroads and Other Surface Transportation
    • D61 - Microeconomics - - Welfare Economics - - - Allocative Efficiency; Cost-Benefit Analysis

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