Unformatted text preview: ed to a new high-speed line
saw their GDP rise by at least 2.7 per cent compared to neighbours not on the route. Their study also found that increased
market access through high-speed rail has a direct correlation with a rise in GDP – for each one per cent increase in
market access, there is a 0.25 per cent rise in GDP. The findings, from the London School of Economics and Political Science and
the University of Hamburg, may be used to support arguments for high-speed networks which are already being planned in the UK, US and
across the world. Until now, no one has demonstrated that high-speed rail brings clear economic gains along its routes. Authors Gabriel Ahlfeld
and Arne Feddersen presented their findings at the conference of the German Economic Association. The paper, From Periphery to Core:
economic adjustments to high-speed rail, also points to advantages in employment and GDP per capita for towns on the high-speed network.
Their research focused on the line between Cologne and Frankfurt, which opened in 2002 and runs trains at almost 185mph...
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- Fall '12
- The American, Rail transport, Rapid transit, High-speed rail, Passenger rail terminology, high speed rail