Are high speed rails good for the economy?

This investment has spurred economic benefits around California and across the country. Investment in high-speed rail is supporting jobs, labor income and economic output across a number of California's regions, including some of those hardest hit by the Great Recession.



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High speed rail is not an economic development tool by itself, but it can activate economic development potential in numerous ways: saving time and money; expanding labor markets for employers and expanding employment opportunities for labor force; enhancing “clusters” of economic activity across regions; and creating ...

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HSR is electrically powered and can run 100% on clean, safe renewable energy. One high speed train powered by the wind can carry more passengers than 9 oil-burning, carbon-spewing airplanes!

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This paper highlights that HSR can help achieve accessibility of rural area and poverty alleviation simultaneously. An understanding of the effect is critical for policymakers to promote intra-regional development, balancing efficiency and regional equality.

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In 2021, Beijing-Shanghai High-speed Railway Co., Ltd. earned a total net profit of 4.8 billion yuan, an increase of more than 49 percent from the previous year. Established in Beijing in 2007, it is the only railroad company in China that introduces social cash investors and Sino-foreign cooperative operations.

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Eurostar estimates that a one-way train trip emits around 10 pounds (4.5 kilograms) of CO2 per passenger, making it a much more sustainable choice compared to flying.

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HSR reduces traffic congestion and gaseous waste emissions, as well as environmental pollution, by replacing traditional transportation (Anderson, 2014). According to the study of Chen et al. (2016), HSR has a significant and positive effect on environmental degradation.

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The empirical results from the difference-in-differences method show that HSR connection does not promote tourism revenue but does boost tourist arrivals, leading to a negative effect of HSR connection on tourism revenue per arrival; these results are further confirmed by the instrumental variable method to address the ...

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The results reveal that HSR can decrease carbon emissions by an average of 2.3 percent.

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If you can't walk or cycle, then public transport is usually your best option. Trains are particularly low-carbon ways to travel. Taking a train instead of a car for medium-length distances would cut your emissions by around 80%. Using a train instead of a domestic flight would reduce your emissions by around 86%.

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Is it really greener to go by train? Compared to flying, using the train emits on average six times less GHG emissions.

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High-speed rail is generally regarded as the pinnacle of attractive and green transportation. But all too often, it makes train travel more expensive and less flexible. In the end, costly high-speed lines may just push more people into cars.

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Social Benefits In addition to sprawl, a large country like the United States often has vast distances between populated areas. High-speed rail reduces the travelling distance between far flung suburbs and center cities. High-speed rail can also help to ease congestion of urban areas with mega-large populations.

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