Are both the economic development and spatial impacts of High Speed Rail worth it?

Friday, September 20, 2013 - 07:30 in Mathematics & Economics

With the HS2 rail project being debated widely in both parliament and the media, it is important to review and understand the economic impacts of HSR. In research published in Transport Reviews, Anastasia Loukaitou-Sideris, Harrison Higgins, Matthew Piven and Wenbin Wei, make the link between past studies on HSR economic impacts and future predictions, while evaluating both the positive and negative effects of HSR on Planning and Urban form transformations. Their article, 'Tracks to Change or Mixed Signals? A Review of the Anglo-Saxon Literature on the Economic and Spatial Impacts of High-Speed Rail' provides an important contribution in understanding the ways HSR can impact the economic development and spatial transformation of cities. It evaluates the impact of HSR on job growth, real estate development, regional restructuring, tourism, and other economic effects.

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