Scipediacontent: Scipediacontent moved page Draft Content 697231793 to Rus 2008a

2021-01-25T16:22:27Z

Scipediacontent moved page Draft Content 697231793 to Rus 2008a

Scipediacontent: Created page with " == Abstract == The allocation of traffic between different transport modes follows transport user decisions which depend on the generalized cost of travel in the available a..."

2021-01-25T16:22:23Z

Created page with " == Abstract == The allocation of traffic between different transport modes follows transport user decisions which depend on the generalized cost of travel in the available a..."

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== Abstract ==

The allocation of traffic between different transport modes follows transport user decisions which depend on the generalized cost of travel in the available alternatives. High Speed Rail (HSR) investment is a government decision with significant effects on the generalized cost of rail transport; and therefore on the modal split in corridors where private operators compete for traffic and charge prices close to total producer costs (infrastructure included). The rationale for HSR investment is not different to any other public investment decision. Public funds should be allocated to this mode of transport if its net expected social benefit is higher than in the next best alternative. The exam of data on costs and demand shows that the case for investing in HSR is strongly dependent on the existing volume of traffic where the new lines are built, the expected time savings and generated traffic and the average willingness to pay of potential users, the release of capacity in congested roads, airports or conventional rail lines and the net reduction of external effects. This paper discusses, within a cost-benefit analysis framework, under which conditions the expected benefits from deviated traffic (plus generated traffic), and other alleged external effects and indirect benefits justify the investment in HSR projects. It pays special attention to intermodal effects and pricing.

== Original document ==

The different versions of the original document can be found in:

* [http://dx.doi.org/10.1787/235171703148 http://dx.doi.org/10.1787/235171703148]

* [http://hdl.handle.net/10419/68746 http://hdl.handle.net/10419/68746]

* [https://www.oecd-ilibrary.org/the-economic-effects-of-high-speed-rail-investment_5kzbxtc1txnp.pdf?itemId=%2Fcontent%2Fpaper%2F235171703148&mimeType=pdf https://www.oecd-ilibrary.org/the-economic-effects-of-high-speed-rail-investment_5kzbxtc1txnp.pdf?itemId=%2Fcontent%2Fpaper%2F235171703148&mimeType=pdf]

* [https://internationaltransportforum.org/jtrc/DiscussionPapers/DP200816.pdf https://internationaltransportforum.org/jtrc/DiscussionPapers/DP200816.pdf],
: [https://www.oecd-ilibrary.org/transport/the-economic-effects-of-high-speed-rail-investment_235171703148 https://www.oecd-ilibrary.org/transport/the-economic-effects-of-high-speed-rail-investment_235171703148],
: [https://ideas.repec.org/p/oec/itfaaa/2008-16-en.html https://ideas.repec.org/p/oec/itfaaa/2008-16-en.html],
: [http://internationaltransportforum.org/jtrc/DiscussionPapers/DP200816.pdf http://internationaltransportforum.org/jtrc/DiscussionPapers/DP200816.pdf],
: [https://trid.trb.org/view/906794 https://trid.trb.org/view/906794],
: [https://www.econstor.eu/handle/10419/68746 https://www.econstor.eu/handle/10419/68746],
: [https://EconPapers.repec.org/RePEc:oec:itfaaa:2008/16-en https://EconPapers.repec.org/RePEc:oec:itfaaa:2008/16-en],
: [https://econpapers.repec.org/paper/oecitfaaa/2008_2f16-en.htm https://econpapers.repec.org/paper/oecitfaaa/2008_2f16-en.htm],
: [https://academic.microsoft.com/#/detail/2166003942 https://academic.microsoft.com/#/detail/2166003942]

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Rus 2008a - Revision history

Scipediacontent: Scipediacontent moved page Draft Content 697231793 to Rus 2008a

Scipediacontent: Created page with " == Abstract == The allocation of traffic between different transport modes follows transport user decisions which depend on the generalized cost of travel in the available a..."