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Thirty years of socio-economic evaluation of the Lyon–Turin High–Speed rail project

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  • Massiani, Jérôme
  • Maltese, Ila

Abstract

This paper reviews past evaluations of the Lyon–Turin High-Speed rail project undertaken since the project was designed. It investigates these evaluations and summarises their methodologies and main results. Moreover, it analyses in detail the latest official Cost–Benefit Analysis (CBA) carried out in 2019 in Italy and investigates the criticisms formulated on this evaluation.

Suggested Citation

  • Massiani, Jérôme & Maltese, Ila, 2022. "Thirty years of socio-economic evaluation of the Lyon–Turin High–Speed rail project," Research in Transportation Economics, Elsevier, vol. 94(C).
    • Handle: RePEc:eee:retrec:v:94:y:2022:i:c:s0739885921000950
    DOI: 10.1016/j.retrec.2021.101123
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    More about this item

    Keywords

    Cost–Benefit Analysis; Project assessment; Infrastructure evaluation; Rule of Half; Taxation; High-Speed rail;
    All these keywords.

    JEL classification:

    • D61 - Microeconomics - - Welfare Economics - - - Allocative Efficiency; Cost-Benefit Analysis
    • H43 - Public Economics - - Publicly Provided Goods - - - Project Evaluation; Social Discount Rate

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