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

  • Campos, Javier
  • de Rus, Ginés

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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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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  1. 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.
  2. 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.
  3. 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.
  4. Ginés de Rus, 2008. "The Economic Effects of High Speed Rail Investment," OECD/ITF Joint Transport Research Centre Discussion Papers 2008/16, OECD Publishing.
  5. 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.
  6. 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.
  7. C.A. Nash, 1991. "The case for high speed rail," Investigaciones Economicas, Fundación SEPI, vol. 15(2), pages 337-354, May.
  8. 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.
  9. Vickerman, R W, 1995. "The Regional Impacts of Trans-European Networks," The Annals of Regional Science, Springer, vol. 29(2), pages 237-54, May.
  10. Bent Flyvbjerg & Mette K. Skamris Holm & S{\o}ren L. Buhl, 2013. "What Causes Cost Overrun in Transport Infrastructure Projects?"," Papers 1304.4476, arXiv.org.
  11. 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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