From Periphery to Core: Economic Adjustments to High Speed Rail

Konferenzbeitrag

This paper presents evidence that high speed rail systems sustainably promote economic activity within regions that enjoy an increase in accessibility. Our results one the one hand confirm expectations that have led to huge public investments into high speed rail all over the world, suggesting that these investments are economically viable. On the other hand, our results confirm theoretical predictions arising from a consolidate body of (New) Economic Geography literature taking a positive, man-made and reproducible shock as a case. We argue that the economic geography framework can help to derive ex-ante expectations on the economic impact of transport projects. The subject case is the German high speed rail track connecting Cologne and Frankfurt, which, provides exogenous variation in access to regions due to the construction of intermediate stations in the towns of Limburg and Montabaur.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: Beiträge zur Jahrestagung des Vereins für Socialpolitik 2010: Ökonomie der Familie - Session: Agglomeration, Transport and Trade ; No. G3-V4

Classification and Topics

• Classification: Wirtschaft ; Transportation Economics: General ; Regional Economic Activity: Growth, Development, Environmental Issues, and Changes ; Regional Development Planning and Policy
• Subject: NEG ; transport policy ; simulation ; market access ; accessibility

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Ahlfeldt, Gabriel M. ; Feddersen, Arne
• Event: Veröffentlichung
• (who): Verein für Socialpolitik
• (where): Frankfurt a. M.
• (when): 2010

Further information

• Handle: http://hdl.handle.net/10419/37243
• Last update: 10.03.2025, 11:44 AM CET