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Some stylized facts about high-speed rail: A review of HSR experiences around the world

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Author Info

  • Campos, Javier
  • de Rus, Ginés

Abstract

After collecting information on 166 high-speed rail (HSR) projects across the world, this paper examines some of the most relevant empirical issues related to the implementation of this transport technology in recent years. We firstly discuss the economic definition of HSR, trying to identify its different development and operating models. Then, we provide what could be considered as a range of actual cost values of building and maintaining a high-speed rail infrastructure. A similar analysis is carried out regarding the operating and maintenance costs of high-speed rail services. Some information on external costs is also provided. We finally deal with current demand and its projections, and try to draw some inferences about its future evolution.

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Bibliographic Info

Article provided by Elsevier in its journal Transport Policy.

Volume (Year): 16 (2009)
Issue (Month): 1 (January)
Pages: 19-28

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Handle: RePEc:eee:trapol:v:16:y:2009:i:1:p:19-28

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Related research

Keywords: High-speed railways Infrastructure Costs Demand;

References

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  1. David Levinson & Jean-Michel Mathieu & Adib Kanafani & David Gillen, 1997. "The Full Cost of High-Speed Rail: An Engineering Approach," Working Papers 199705, University of Minnesota: Nexus Research Group.
  2. Vickerman, R W, 1995. "The Regional Impacts of Trans-European Networks," The Annals of Regional Science, Springer, vol. 29(2), pages 237-54, May.
  3. Fernand Martin, 1997. "Justifying a high-speed rail project: social value vs. regional growth," The Annals of Regional Science, Springer, vol. 31(2), pages 155-174.
  4. Vicente Inglada & GinÊs de Rus, 1997. "Cost-benefit analysis of the high-speed train in Spain," The Annals of Regional Science, Springer, vol. 31(2), pages 175-188.
  5. Ginés de Rus & Gustavo Nombela, 2007. "Is Investment in High Speed Rail Socially Profitable?," Journal of Transport Economics and Policy, London School of Economics and University of Bath, vol. 41(1), pages 3-23, January.
  6. Bent Flyvbjerg & Mette K. Skamris Holm & S�Ren L. Buhl, 2003. "What Causes Cost Overrun in Transport Infrastructure Projects?," Transport Reviews, Taylor & Francis Journals, vol. 24(1), pages 3-18, January.
  7. Ginés de Rus, 2008. "The Economic Effects of High Speed Rail Investment," OECD/ITF Joint Transport Research Centre Discussion Papers 2008/16, OECD Publishing.
  8. Kingsley E. Haynes, 1997. "Labor markets and regional transportation improvements: the case of high-speed trains An introduction and review," The Annals of Regional Science, Springer, vol. 31(1), pages 57-76.
  9. C.A. Nash, 1991. "The case for high speed rail," Investigaciones Economicas, Fundación SEPI, vol. 15(2), pages 337-354, May.
  10. Roger Vickerman, 1997. "High-speed rail in Europe: experience and issues for future development," The Annals of Regional Science, Springer, vol. 31(1), pages 21-38.
  11. Moshe Givoni, 2006. "Development and Impact of the Modern High‐speed Train: A Review," Transport Reviews, Taylor & Francis Journals, vol. 26(5), pages 593-611, January.
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Citations

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Cited by:
  1. FrÈdÈric Dobruszkes, 2011. "Airline and high-speed rail competition in Europe: towards a comeback of air transport?," ERSA conference papers ersa10p180, European Regional Science Association.
  2. Jiang, Changmin & Zhang, Anming, 2014. "Effects of high-speed rail and airline cooperation under hub airport capacity constraint," Transportation Research Part B: Methodological, Elsevier, vol. 60(C), pages 33-49.
  3. Wu, Di & Aliprantis, Dionysios C., 2013. "Modeling light-duty plug-in electric vehicles for national energy and transportation planning," Energy Policy, Elsevier, vol. 63(C), pages 419-432.
  4. Dobruszkes, Frédéric, 2011. "High-speed rail and air transport competition in Western Europe: A supply-oriented perspective," Transport Policy, Elsevier, vol. 18(6), pages 870-879, November.
  5. Fu, Xiaowen & Zhang, Anming & Lei, Zheng, 2012. "Will China’s airline industry survive the entry of high-speed rail?," Research in Transportation Economics, Elsevier, vol. 35(1), pages 13-25.
  6. Clewlow, Regina R. & Sussman, Joseph M. & Balakrishnan, Hamsa, 2014. "The impact of high-speed rail and low-cost carriers on European air passenger traffic," Transport Policy, Elsevier, vol. 33(C), pages 136-143.
  7. Mancuso, Paolo, 2014. "An analysis of the competition that impinges on the Milan–Rome intercity passenger transport link," Transport Policy, Elsevier, vol. 32(C), pages 42-52.

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