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Unformatted text preview: peed rail has been that lines tend to get built first between areas
with strong and growing economies so that it's difficult for economists to be sure which effects are attributable to the
new rail line and which to existing factors. But because there was no economic rationale for building the line to
Limburg and Montabaur, they provided the perfect "laboratory" conditions for us to measure the effect of highspeed trains. 'It is quite clear that the line itself brought significant and lasting benefits in access to markets, growth,
employment and individual prosperity. One of our key findings is a positive market access elasticity, which means that
improvements in accessibility to other towns, cities and regions, will be reflected in economic growth. We believe this
research develops a new framework for predicting the economic effects of large-scale infrastructure projects and will help
governments to define future spending priorities.' } Internal: Employment Scenario – Interconnectivity
High Speed Rail solidifies the int...
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