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Title:

Quantifying the Economic Development Impacts of Major Transport Infrastructure Projects: A Case Study of High-Speed Rail in Spain

Accession Number:

01516589

Record Type:

Component

Availability:

Transportation Research Board Business Office

500 Fifth Street, NW
Washington, DC 20001 United States

Abstract:

During the period between 2000 and 2010 the Spanish Government carried out the largest high-speed rail (HSR) construction programme in Europe. Consequently, by 2011 the Spanish HSR network had become the largest in Europe, exceeding France and Germany. By 2020, it is planned that 90% of the country population will live within a 50km radius to the nearest high-speed rail station. Investments in high-speed rail projects are frequently justified on the basis of projected positive effects on regional and national economic growth. Whether such benefits actually materialize is unclear and is the subject of this paper, focusing in particular on the economic impact of the Madrid-Barcelona corridor. The authors conduct an ex-post analysis to estimate how the high-speed rail corridor has influenced economic output at the regional level. The results conclude that the Madrid-Barcelona corridor has not produced any discernible significant positive effects on the output growth of the Spanish provinces, at least in the short to medium term.

Supplemental Notes:

This paper was sponsored by TRB committee AR010 Intercity Passenger Rail.

Monograph Accession #:

01503729

Report/Paper Numbers:

14-2023

Language:

English

Corporate Authors:

Transportation Research Board

500 Fifth Street, NW
Washington, DC 20001 United States

Authors:

Graham, Daniel J
Brage-Ardao, Ruben
Melo, Patricia C

Pagination:

20p

Publication Date:

2014

Conference:

Transportation Research Board 93rd Annual Meeting

Location: Washington DC
Date: 2014-1-12 to 2014-1-16
Sponsors: Transportation Research Board

Media Type:

Digital/other

Features:

Figures; References; Tables

Geographic Terms:

Subject Areas:

Economics; Public Transportation; Railroads; I10: Economics and Administration

Source Data:

Transportation Research Board Annual Meeting 2014 Paper #14-2023

Files:

TRIS, TRB, ATRI

Created Date:

Jan 27 2014 2:42PM