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High-Speed Rail:Lessons for Policy Makers from Experiences Abroad

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Author Info

  • Daniel Albalate

    ()
    (Faculty of Economics, University of Barcelona)

  • Germà Bel

    ()
    (Faculty of Economics, University of Barcelona)

Abstract

In April 2009 the US government unveiled its blueprint for a national network of high-speed passenger rail (HSR) lines aimed at reducing traffic congestion, cutting national dependence on foreign oil and improving rural and urban environments. In implementing such a program, it is essential to identify the factors that might influence decision making and the eventual success of the HSR project, as well as foreseeing the obstacles that will have to be overcome. In this article we review, summarize and analyze the most important HSR projects carried out to date around the globe, namely those of Japan, France, Germany, Spain, and Italy. We focus our attention on the main issues involved in the undertaking of HSR projects: their impact on mobility, the environment, the economy and on urban centers. By so doing, we identify sessons for policy makers and managers working on the implementation of HSR projects.

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File URL: http://www.ub.edu/irea/working_papers/2010/201002.pdf
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Bibliographic Info

Paper provided by University of Barcelona, Research Institute of Applied Economics in its series IREA Working Papers with number 201003.

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Length: 34 pages
Date of creation: Feb 2010
Date of revision: Feb 2010
Handle: RePEc:ira:wpaper:201003

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Postal: Tinent Coronel Valenzuela, Num 1-11 08034 Barcelona
Web page: http://www.ub.edu/irea/
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Related research

Keywords: Interurban Transportation; Government Investment Analysis; Transportation Planning; Rail Costs Management.. JEL classification: L91; L92; R41; R42 ; R48;

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Cited by:
  1. Ofelia Betancor & Juan Luis Jiménez, 2011. "When trains go faster than planes: the strategic reaction of airlines in Spain," ERSA conference papers ersa11p295, European Regional Science Association.

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