Jump to ContentJump to Main Navigation
Show Summary Details
More options …

Journal of Benefit-Cost Analysis

More options …

The BCA of HSR: Should the Government Invest in High Speed Rail Infrastructure?

Ginés De Rus
Published Online: 2011-01-03 | DOI: https://doi.org/10.2202/2152-2812.1058

This paper deals with public investment in High-Speed Rail (HSR) infrastructure and tries to understand the economic rationale for allocating public money to the construction of new HSR lines. The examination of data on costs and demand shows that the case for investing in HSR requires several conditions to be met: an ex ante high volume of traffic in the corridor where the new lines are built, significant time savings, high average willingness of potential users to pay, the release of capacity in the conventional rail network and airports. On the contrary, net environmental benefits seem to be insignificant in influencing the social desirability of HSR investment. This paper discusses, within a cost-benefit analysis framework, under which conditions the expected benefits could justify the investment in HSR projects.

Keywords: infrastructure; public investment; high speed rail; benefit-cost analysis

About the article

Published Online: 2011-01-03


Citation Information: Journal of Benefit-Cost Analysis, Volume 2, Issue 1, ISSN (Online) 2152-2812, DOI: https://doi.org/10.2202/2152-2812.1058.

Export Citation

©2011 Walter de Gruyter GmbH & Co. KG, Berlin/Boston.Get Permission

Citing Articles

Here you can find all Crossref-listed publications in which this article is cited. If you would like to receive automatic email messages as soon as this article is cited in other publications, simply activate the “Citation Alert” on the top of this page.

[1]
Daniel Albalate, Javier Campos, and Juan Luis Jiménez
Annals of Tourism Research, 2017, Volume 65, Page 71
[2]
Lars Hultkrantz
Journal of Rail Transport Planning & Management, 2013, Volume 3, Number 1-2, Page 14
[3]
Ginés de Rus and M. Pilar Socorro
Transportation Research Part E: Logistics and Transportation Review, 2014, Volume 70, Page 374
[4]
Venkat Krishnan, Eirini Kastrouni, V. Dimitra Pyrialakou, Konstantina Gkritza, and James D. McCalley
Transportation Research Part C: Emerging Technologies, 2015, Volume 54, Page 131
[5]
Müfide Banar and Alp Özdemir
Transportation Research Part D: Transport and Environment, 2015, Volume 41, Page 88
[6]
Pablo Coto-Millán, Vicente Inglada, and Pedro Casares
Journal of Transportation Technologies, 2011, Volume 01, Number 04, Page 107
[7]
Lars Hultkrantz, Niclas A. Krüger, and Panagiotis Mantalos
Research in Transportation Economics, 2014, Volume 47, Page 70
[8]
Changmin Jiang and Anming Zhang
Transportation Research Part B: Methodological, 2014, Volume 60, Page 33
[9]
M. Pilar Socorro and M. Fernanda Viecens
Transportation Research Part A: Policy and Practice, 2013, Volume 49, Page 160

Comments (0)

Please log in or register to comment.
Log in