Arbeitspapier
When to invest in high-speed rail
High speed rail (HSR) is usually regarded as services operating at 250 kmph or more, and these invariably require construction of new purpose-built lines. According to the International Union of Railways (UIC), by 2012, a total of 13 000km of such lines had been built worldwide, half in Europe and half in Asia. China had the largest network at 3 426km, whilst Japan, France and Spain all had over 2 000km. There are plans for a further major expansion, with the European Commission calling for a trebling of the kilometrage in Europe by 2030.Yet high speed rail is an enormous investment, with a typical 500km line costing 6-12Bn euros in 2004 prices (Euros 12-24 Bn per km) (de Rus and Nash, 2009). It is necessary to consider very carefully in what circumstances such an outlay is justified.
- Language
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Englisch
- Bibliographic citation
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Series: International Transport Forum Discussion Paper ; No. 2013-25
- Classification
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Wirtschaft
- Event
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Geistige Schöpfung
- (who)
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Nash, Christopher
- Event
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Veröffentlichung
- (who)
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Organisation for Economic Co-operation and Development (OECD), International Transport Forum
- (where)
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Paris
- (when)
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2013
- Handle
- Last update
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20.09.2024, 8:23 AM CEST
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Nash, Christopher
- Organisation for Economic Co-operation and Development (OECD), International Transport Forum
Time of origin
- 2013
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