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The cost of building and operating a new high speed rail line

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  • Campos, Javier
  • de Rus, Gines
  • Barron, Iñaki

Abstract

What is the total cost of building, maintaining and operating a new high speed rail (HSR) line? Trying to answer this question is the main objective of this paper. To address it we will make an extensive use a database containing information about 166 actual HSR projects in 20 countries is analysed in detail. This database provides a rough guide about the typical cost structure of any HSR project and suggests tentative estimates for some representative unit values of those costs. This information, together with some additional values gathered from other sources allow us to perform a simple simulation exercise capable not only of providing an answer to the initial question, but also of offering insights on the relevance of some elements in determining the total costs of a HSR line.

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File URL: http://mpra.ub.uni-muenchen.de/12396/
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File URL: http://mpra.ub.uni-muenchen.de/38676/
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Bibliographic Info

Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 12396.

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Date of creation: 2007
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Handle: RePEc:pra:mprapa:12396

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Related research

Keywords: Transport costs; High speed rail;

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References

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  1. Vickerman, R W, 1995. "The Regional Impacts of Trans-European Networks," The Annals of Regional Science, Springer, vol. 29(2), pages 237-54, May.
  2. 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.
  3. C.A. Nash, 1991. "The case for high speed rail," Investigaciones Economicas, Fundación SEPI, vol. 15(2), pages 337-354, May.
  4. Juan Martín & Gustavo Nombela, 2007. "Microeconomic impacts of investments in high speed trains in Spain," The Annals of Regional Science, Springer, vol. 41(3), pages 715-733, September.
  5. Ivaldi, Marc & Vibes, Catherine, 2007. "Price Competition in the Intercity Passenger Transport Market : A Simulation Model," IDEI Working Papers 457, Institut d'Économie Industrielle (IDEI), Toulouse.
  6. Andrew W. Evans, 2003. "Accidental fatalities in transport," Journal of the Royal Statistical Society Series A, Royal Statistical Society, vol. 166(2), pages 253-260.
  7. K. E. Haynes & C. Karlsson & U. Blum, 1997. "Introduction to the special issue The regional and urban effects of high-speed trains," The Annals of Regional Science, Springer, vol. 31(1), pages 1-20.
  8. Steven T. Berry, 1994. "Estimating Discrete-Choice Models of Product Differentiation," RAND Journal of Economics, The RAND Corporation, vol. 25(2), pages 242-262, Summer.
  9. 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.
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