About this blog
A.R.T is the International Air Rail Organisation's blog, with news, articles and comment on all things related to air rail links world-wide. Your comments and thoughts are welcome: for obvious reasons, they will be moderated and may be edited.
Search
Categories
Recent Articles
Have you missed one?...
Archives
- May 2012 (2)
- April 2012 (9)
- March 2012 (9)
- February 2012 (23)
- January 2012 (12)
- December 2011 (19)
- November 2011 (18)
- October 2011 (14)
- September 2011 (24)
- August 2011 (32)
- July 2011 (14)
- June 2011 (13)
- more...
Friends of A.R.T
Syndicate this blog
- RSS 0.92 (Userland):
Posts, Comments - RSS 1.0 (RDF):
Posts, Comments - RSS 2.0 (Userland):
Posts, Comments - Atom 0.3:
Posts, Comments
Other Links
Jul13
Economic Impact of High Speed 1
This is the title of an excellent report by Colin Buchanan and Partners published in January 2009.
It looks at the economics of the high speed line between London and the Channel Tunnel and evaluates costs and benefits. This is a very useful model for people evaluating high-speed rail, because it goes deeper than just the fare revenue and the direct costs.
One issue it discusses, for example, is that of house prices. There is a relationship between house prices, accessibility and deprivation - social equity. As accessibility increases (through, in this case, a high speed line) so do house prices (as the area is more attractive to commuters).
What this does to deprivation is not fully discussed - and a full discussion would be fascinating. Does the increase in house prices lead to locals having to move out - to cheaper areas? Does it mean that some locals can commute further to higher-paying jobs, leaving the lower paying jobs they were doing locally to less well qualified people living locally? Is there a trickle-down effect as more houses and more people lead to more jobs locally?
All in all, a very useful report.
|
Comments:
No Comments for this post yet...
Comments are closed for this post.
