The First Phase of California’s High-Speed Rail Project Provides the Greatest Economic Benefits Compared to Full Build Out

Pablo PhD Fajgelbaum, Cecile PhD Gaubert and Matthew PhD Tauzer

Institute of Transportation Studies, Research Reports, Working Papers, Proceedings from Institute of Transportation Studies, UC Berkeley

Abstract: The California High-Speed Rail (HSR) project aims to transform transportation in the state. To understand the impact of this project as it “rolls out” across the state, we analyzed its economic benefits across each of its plannedphases, complementing official projections from the California High-Speed Rail Authority (CHSRA). Our analysis is based on a spatial economic model of the rail system model previously developed by members of our team. This model captures the direct potential travel benefits of the HSR project, such as quicker and sometimes cheaper transportation, for commuters, business travelers, and leisure travelers. It also captures wider economic benefits such as higher wages and land values stemming from greater concentration of employment in more productive areas.

Keywords: Business (search for similar items in EconPapers)
Date: 2025-01-01
New Economics Papers: this item is included in nep-ppm, nep-tre and nep-ure
References: View complete reference list from CitEc
Citations:

Downloads: (external link)
https://www.escholarship.org/uc/item/1zm5t77t.pdf;origin=repeccitec (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:cdl:itsrrp:qt1zm5t77t

Access Statistics for this paper

More papers in Institute of Transportation Studies, Research Reports, Working Papers, Proceedings from Institute of Transportation Studies, UC Berkeley Contact information at EDIRC.
Bibliographic data for series maintained by Lisa Schiff ().