Economic Analysis Of High Speed Rail In Europe

Este informe pretende contribuir al análisis económico de los proyectos de inversión en alta velocidad ferroviaria. La evaluación económica de proyectos puede ayudar a los gobiernos a formarse una idea más precisa sobre los beneficios esperados de distintas líneas de actuación que absorben dinero público para resolver un mismo problema de transporte. En este informe se trata de determinar las circunstancias en las que la inversión en alta velocidad es socialmente deseable y en que otras la sociedad gana posponiendo la inversión. La red de alta velocidad puede construirse gradualmente, añadiendo nuevas líneas una vez que la evaluación económica muestra una rentabilidad social positiva.

The technological revolution linked to high speed rail (HSR) has been accompanied by myths and claims about its contribution to society and the economy. Although HSR is unquestionably a technological advance that has become a symbol of modernity, this review and analysis of the international experiences shows that the conditions necessary to have a positive impact, economically, socially and environmentally, are enormously restrictive. The Economics and Politics of High Speed Rail: Lessons from Experiences Abroad, by Daniel Albalate and Germ Bel, introduces the main questions policy makers and scholars should examine when considering and studying HSR implementation, with particular emphasis on the US's recent interest in this technology and possible application in California. Albalate and Bel then review the experiences of the most significant implementations of HSR around the globe. This in-depth international perspective includes chapters on the pioneers of HSR (Japan and France), the European followers (Germany, Spain and Italy), as well as Asian experiences in China, Taiwan, and Korea. Albalate and Bel's study provides a clear distinction between the myths and realities associated with this transportation innovation. Among the most relevant findings, this study highlights how HSR projects that do not satisfy highly restrictive conditions--on mobility patterns, measured costs, and economically rational designs--that make it desirable have been the source of huge financial debacles and the economic failure of HSR in most cases, which result in unfortunate consequences for taxpayers. The Economics and Politics of High Speed Rail is a rigorous investigation of the economic and political challenges and ramifications of implementing new public transportation technology.

This report examines the key factors that drive the costs of high-speed rail investment and reviews the economic benefits delivered by high-speed rail services on the basis of experience in countries that have developed large high-speed rail networks.

High-speed Rail (HSR) is a technological transportation advance that has raised the interest of policy makers and researchers worldwide. The study of High-speed Rail is a recent phenomenon but has received increasing attention due to the extension of this mode of transportation around the globe. Evaluating High-Speed Rail contains some of the most recent and cutting edge studies on HSR from different disciplines. The book is organized around a variety of key topics related to the evaluation of High Speed Rail projects and experiences. These topics include: the economic appraisal and evaluation of High-Speed Rail projects; the evaluation of indirect and direct effects of High-Speed Rail; its territorial, redistributive and environmental impacts; its contribution or limitation to urban growth; and the management of challenges created by the arrival of High-Speed Rail lines to core cities. It also covers the contribution of High-Speed Rail to tourism and its impact on intermodal competition, with especial consideration to air transportation. Chapters analyse the expected effects of introducing on-track competition and designing public-private contracts to develop new lines. This cutting-edge volume offers rigorous analysis from top researchers in the field with a clear intention to deliver policy implications and provide the latest analysis on the impact of High Speed Rail. This book is suitable for students and academics interested in transportation infrastructure, economic impacts of public investments, mobility, planning and urban affairs, as well as researchers and policy makers in the transportation and infrastructure sector.

High speed rail (HSR) is being touted as a strategic investment for connecting people across regions, while also fostering prosperity and smart urban growth. However, as its popularity increases, its implementation has become contentious with various parties contesting the validity of socioeconomic and environmental objectives put forward as justification for investment. High Speed Rail and Sustainability explores the environmental, economic and social effects of developing a HSR system, presenting new evaluations of the proposed system in California in the US as well as lessons from international experience. Drawing upon the accumulated experience from past HSR system development around the world, leading experts present a diverse set of perspectives as well as diverse contexts of implementation. Assessments of the California case as well as cases from Japan, France, Germany, Italy, Spain, Taiwan, China, and the UK show how governments and stakeholders have bridged the gap between the vision and the realities of connecting metropolitan regions through HSR. This is a valuable resource for academics, researchers and policy-makers in the areas of urban planning, civil engineering, transportation and environmental design.

Presenting an analytical approach to assessing the socioeconomic impact of high speed rail in China, and using a multilevel spatial analysis approach at both the national and the regional level, this book emphasizes capturing the spatial spillover effects of rail infrastructure development on China’s economic geography in terms of land use, housing market, tourism, regional disparity, modal competition, the economy and environment.