Will high-speed rail help 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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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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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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The interstate highway system cost $129 billion — roughly $290 billion in current dollars — and took 35 years to complete, running from 1957 to 1992. The $1.2 trillion infrastructure bill enacted in 2021 has $102 billion for rail, but none of the money is set aside for high-speed rail.

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A story of US transportation Highways (as well as aviation) became the focus of infrastructure spending, at the expense of rail. This trend has continued, and not the least because highways require continuous maintenance, while the US's growing population demands more lanes and roads to relieve congestion.

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Infrastructure: we built it first. The US built its rail systems a long time ago. Updating it is incredibly expensive because old systems were not designed to be easily upgraded to newer technologies. No one knew what those newer technologies would even be.

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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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As mentioned earlier, I find that counties being affected by high-speed rail upgrade experienced 4-6 percent GDP and GDP per capita reduction, which can explain around 64 percent of the predicted GDP growth differentials between the control and treatment counties.

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Empirical results suggest that the newly launched HSR services have induced industrial gentrification in the developed station area. Except for the displacement of agricultural production activities, HSR-induced industrial gentrification has not yet been manifested in the newly developed station area.

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The results of a national survey that show that nearly two-thirds of Americans are interested in traveling by high-speed rail and the figure soars to 74 percent among those in the 18-24 age brackets.

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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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Our results suggest that HSR may on average have some but limited pollution-increasing effects, as a result of its economic promotion effect, but also reduce pollution emissions in heavily polluting industries and central areas due to its industrial and spatial restructuring effects.

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The International Council on Clean Transportation identified that short-haul flights between dense urban centers comprise a quarter of domestic US air travel. For these flights segments, electric high-speed rail could reduce emissions (compared to air travel) by 23%. Downtown Limburg, Germany.

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High-Speed Trains Provide Environmental, Social Benefits, Study Says. Bullet trains fuel real-estate booms, improve quality of life, reduce air pollution and traffic congestion, and provide a “safety valve” for crowded cities, especially in the developing world, according to a study by Chinese and U.S. economists.

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That works out to $200 million a mile for hilly areas. At these costs, Obama's original high-?speed rail plan would require well over $1 trillion, while the USHSR's plan would need well over $3 trillion. Building a system longer than China's would cost at least $4 trillion.

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lowers transport costs Commuting and traveling by high speed train is far cheaper than transport by car or airplane due to the extreme efficiency, and high capacity of high speed rail. With HSR as an option, families can own less cars, saving even more money.

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Implementing high-speed rail (HSR) will provide Americans with more transportation choices. It will also make sure that America remains an economic engine, and meets the environmental and energy challenges of this century.

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California's plan is to build an electric train that will connect Los Angeles with the Central Valley and then San Francisco in two hours and 40 minutes. But 15 years later, there is not a single mile of track laid, and executives involved say there isn't enough money to finish the project.

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The Great Depression of the 1930s forced some railroad companies into bankruptcy, creating hundreds of miles of disowned and subsequently abandoned railway properties; other railroad companies found incentive to merge or reorganize, during which excess or redundant rights-of-way were abandoned.

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