High-Speed Rail : The Fast Track to Economic Development?
A high-speed rail service can deliver competitive advantage over airlines for journeys of up to about 3 hours or 750 km, particularly between city pairs where airports are located far from city centres. One suitable type of corridor is that which c...
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| Format: | Working Paper |
| Language: | English en_US |
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World Bank, Beijing
2017
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/680601468217156004/High-speed-rail-the-fast-track-to-economic-development http://hdl.handle.net/10986/27812 |
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okr-10986-27812 |
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oai_dc |
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Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
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World Bank Open Knowledge Repository |
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World Bank |
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English en_US |
| topic |
ACCELERATION ACCESSIBILITY ACCIDENTS AIR AIR SERVICES AIR TRANSPORT AIR TRAVEL AIRPORT AIRPORT DEVELOPMENT AIRPORTS AIRWAYS ALUMINUM AVERAGE SPEED BASIC BOTTLENECK BRAKING BRIDGES BUS CAR CAR OWNERS CARS CENTRAL BUSINESS DISTRICT CHANNEL TUNNEL CITY TRANSPORT CIVIL ENGINEERING CLIMATE CHANGE COMPANY CAR COMPONENTS CONGESTION CONNECTIVITY CONSTRUCTION COST-BENEFIT ANALYSIS DERAILMENTS DIESEL DOMESTIC TRAFFIC DOOR-TO-DOOR TRAVEL DRIVING ECONOMIES OF SCALE ENERGY CONSUMPTION ENVIRONMENTAL IMPACTS EQUIPMENT EXPRESS TRAINS EXPRESSWAYS EXTERNALITIES FACSIMILE FARE LEVELS FARE REDUCTIONS FARE STRUCTURE FAST TRAINS FATALITIES FINANCIAL PERFORMANCE FREEWAYS FREIGHT FREIGHT CUSTOMERS FREIGHT OPERATIONS FREIGHT SERVICES FREIGHT TRAFFIC FREIGHT TRAINS FREIGHT TRANSPORT GREENHOUSE GASES HAZARDOUS MATERIALS HEADWAYS HIGH SPEED TRAIN HIGH SPEEDS HIGH-SPEED HIGH-SPEED LINE HIGH-SPEED LINES HIGH-SPEED RAIL HIGH-SPEED RAIL NETWORK HIGH-SPEED RAIL PROJECT HIGH-SPEED RAIL SERVICES HIGH-SPEED RAIL SYSTEM HIGH-SPEED TRACK HIGH-SPEED TRAIN HIGH-SPEED TRAINS HIGHWAY HIGHWAYS INCOME INTERCITY RAIL INTERCONNECTIVITY INTERNATIONAL AIRPORTS INTERSTATE HIGHWAY INTERSTATE HIGHWAY SYSTEM JOINT VENTURES JOURNEY JOURNEYS KNOW-HOW LENGTH OF ROUTE LOCOMOTIVE LOCOMOTIVES LONG-DISTANCE METRO RAIL MIXED TRAFFIC MOBILITY MODES OF TRANSPORT MOTIVE POWER MULTIPLE UNIT TRAINS NATIONAL RAILWAY NATIONAL TRANSPORT NETWORKS PASSENGER CARS PASSENGER RAIL PASSENGER RAIL OPERATIONS PASSENGER REVENUE PASSENGER SERVICES PASSENGER TRAIN PASSENGER TRAINS PASSENGER TRANSPORT PASSENGER TRAVEL PASSENGERS PASSENGERS PER DAY PEAK HOURS POPULATION DENSITY PRICE SENSITIVE PRIVATE TRANSPORT PRIVATE VEHICLE PRIVATE VEHICLE TRAVEL RAIL ACCESS RAIL ADMINISTRATIONS RAIL CAPACITY RAIL CORRIDOR RAIL DEVELOPMENT RAIL FARES RAIL FREIGHT RAIL FREIGHT TRANSPORT RAIL INFRASTRUCTURE RAIL INVESTMENT RAIL JOURNEY RAIL LINE RAIL LINES RAIL LINK RAIL MARKET RAIL MARKET SHARE RAIL OPERATORS RAIL PASSENGER RAIL PASSENGERS RAIL PROJECTS RAIL SAFETY RAIL SERVICE RAIL SYSTEMS RAIL TRANSPORT RAIL TRAVEL RAILROAD RAILROAD INDUSTRY RAILROADS RAILS RAILWAY RAILWAY CAPACITY RAILWAY COMPANY RAILWAY DEVELOPMENT RAILWAY INDUSTRY RAILWAY LINE RAILWAY LINES RAILWAY NETWORK RAILWAY ROUTE RAILWAY SECTOR RAILWAY SERVICE RAILWAY STATIONS RAILWAY SYSTEM RAILWAYS REGIONAL TRAVEL RESETTLEMENT RIDERSHIP RIDERSHIP FORECASTS RIDING QUALITY ROAD ROAD CONGESTION ROAD CONNECTIONS ROAD TRAFFIC ROAD TRAFFIC ACCIDENTS ROAD TRANSPORT ROADS ROLLING STOCK ROUTE ROUTES SAFETY SAN SHARING SPEED SPEEDS STRUCTURES SURCHARGE ON FREIGHT SUSTAINABLE TRANSPORT TELECOMMUNICATIONS TERRAIN TRACKS TRAFFIC TRAFFIC GROWTH TRAFFIC VOLUME TRAFFIC VOLUMES TRAIN FARES TRAIN TRAVEL TRAINS TRAINS PER HOUR TRANSPORT TRANSPORT CORRIDORS TRANSPORT INDUSTRY TRANSPORT INFRASTRUCTURE TRANSPORT MODES TRANSPORT NETWORK TRANSPORT POLICIES TRANSPORT POLICY TRANSPORT PROJECTS TRANSPORT SYSTEM TRANSPORT USERS TRANSPORTATION TRANSPORTATION RESEARCH TRANSPORTATION SYSTEM TRAVEL DEMAND TRAVEL TIME TRAVELERS TRIP TRIP TIME TRIPS TUNNEL TUNNELS VALUE OF TIME WEBSITE WIND |
| spellingShingle |
ACCELERATION ACCESSIBILITY ACCIDENTS AIR AIR SERVICES AIR TRANSPORT AIR TRAVEL AIRPORT AIRPORT DEVELOPMENT AIRPORTS AIRWAYS ALUMINUM AVERAGE SPEED BASIC BOTTLENECK BRAKING BRIDGES BUS CAR CAR OWNERS CARS CENTRAL BUSINESS DISTRICT CHANNEL TUNNEL CITY TRANSPORT CIVIL ENGINEERING CLIMATE CHANGE COMPANY CAR COMPONENTS CONGESTION CONNECTIVITY CONSTRUCTION COST-BENEFIT ANALYSIS DERAILMENTS DIESEL DOMESTIC TRAFFIC DOOR-TO-DOOR TRAVEL DRIVING ECONOMIES OF SCALE ENERGY CONSUMPTION ENVIRONMENTAL IMPACTS EQUIPMENT EXPRESS TRAINS EXPRESSWAYS EXTERNALITIES FACSIMILE FARE LEVELS FARE REDUCTIONS FARE STRUCTURE FAST TRAINS FATALITIES FINANCIAL PERFORMANCE FREEWAYS FREIGHT FREIGHT CUSTOMERS FREIGHT OPERATIONS FREIGHT SERVICES FREIGHT TRAFFIC FREIGHT TRAINS FREIGHT TRANSPORT GREENHOUSE GASES HAZARDOUS MATERIALS HEADWAYS HIGH SPEED TRAIN HIGH SPEEDS HIGH-SPEED HIGH-SPEED LINE HIGH-SPEED LINES HIGH-SPEED RAIL HIGH-SPEED RAIL NETWORK HIGH-SPEED RAIL PROJECT HIGH-SPEED RAIL SERVICES HIGH-SPEED RAIL SYSTEM HIGH-SPEED TRACK HIGH-SPEED TRAIN HIGH-SPEED TRAINS HIGHWAY HIGHWAYS INCOME INTERCITY RAIL INTERCONNECTIVITY INTERNATIONAL AIRPORTS INTERSTATE HIGHWAY INTERSTATE HIGHWAY SYSTEM JOINT VENTURES JOURNEY JOURNEYS KNOW-HOW LENGTH OF ROUTE LOCOMOTIVE LOCOMOTIVES LONG-DISTANCE METRO RAIL MIXED TRAFFIC MOBILITY MODES OF TRANSPORT MOTIVE POWER MULTIPLE UNIT TRAINS NATIONAL RAILWAY NATIONAL TRANSPORT NETWORKS PASSENGER CARS PASSENGER RAIL PASSENGER RAIL OPERATIONS PASSENGER REVENUE PASSENGER SERVICES PASSENGER TRAIN PASSENGER TRAINS PASSENGER TRANSPORT PASSENGER TRAVEL PASSENGERS PASSENGERS PER DAY PEAK HOURS POPULATION DENSITY PRICE SENSITIVE PRIVATE TRANSPORT PRIVATE VEHICLE PRIVATE VEHICLE TRAVEL RAIL ACCESS RAIL ADMINISTRATIONS RAIL CAPACITY RAIL CORRIDOR RAIL DEVELOPMENT RAIL FARES RAIL FREIGHT RAIL FREIGHT TRANSPORT RAIL INFRASTRUCTURE RAIL INVESTMENT RAIL JOURNEY RAIL LINE RAIL LINES RAIL LINK RAIL MARKET RAIL MARKET SHARE RAIL OPERATORS RAIL PASSENGER RAIL PASSENGERS RAIL PROJECTS RAIL SAFETY RAIL SERVICE RAIL SYSTEMS RAIL TRANSPORT RAIL TRAVEL RAILROAD RAILROAD INDUSTRY RAILROADS RAILS RAILWAY RAILWAY CAPACITY RAILWAY COMPANY RAILWAY DEVELOPMENT RAILWAY INDUSTRY RAILWAY LINE RAILWAY LINES RAILWAY NETWORK RAILWAY ROUTE RAILWAY SECTOR RAILWAY SERVICE RAILWAY STATIONS RAILWAY SYSTEM RAILWAYS REGIONAL TRAVEL RESETTLEMENT RIDERSHIP RIDERSHIP FORECASTS RIDING QUALITY ROAD ROAD CONGESTION ROAD CONNECTIONS ROAD TRAFFIC ROAD TRAFFIC ACCIDENTS ROAD TRANSPORT ROADS ROLLING STOCK ROUTE ROUTES SAFETY SAN SHARING SPEED SPEEDS STRUCTURES SURCHARGE ON FREIGHT SUSTAINABLE TRANSPORT TELECOMMUNICATIONS TERRAIN TRACKS TRAFFIC TRAFFIC GROWTH TRAFFIC VOLUME TRAFFIC VOLUMES TRAIN FARES TRAIN TRAVEL TRAINS TRAINS PER HOUR TRANSPORT TRANSPORT CORRIDORS TRANSPORT INDUSTRY TRANSPORT INFRASTRUCTURE TRANSPORT MODES TRANSPORT NETWORK TRANSPORT POLICIES TRANSPORT POLICY TRANSPORT PROJECTS TRANSPORT SYSTEM TRANSPORT USERS TRANSPORTATION TRANSPORTATION RESEARCH TRANSPORTATION SYSTEM TRAVEL DEMAND TRAVEL TIME TRAVELERS TRIP TRIP TIME TRIPS TUNNEL TUNNELS VALUE OF TIME WEBSITE WIND Amos, Paul Bullock, Dick Sondhi, Jitendra High-Speed Rail : The Fast Track to Economic Development? |
| geographic_facet |
East Asia and Pacific China |
| description |
A high-speed rail service can deliver
competitive advantage over airlines for journeys of up to
about 3 hours or 750 km, particularly between city pairs
where airports are located far from city centres. One
suitable type of corridor is that which connects two large
cities 250-500 km apart. But another promising situation is
a longer corridor that has very large urban centres located,
say, every 150-300 km apart. On these longer corridors,
typical of some being built in China, high-speed rail has
the ability to serve multiple city-pairs, both direct and
overlapping. The overall financial performance of high-speed
train services depends on enough people being able to pay a
premium to use them. In Japan there is a surcharge for
high-speed rail which doubles the fare on conventional
services. China high-speed train fares are about three times
conventional train fares. But in order to generate the
required volume of passengers it will usually be necessary
not only to target the most affluent travelers but also to
adopt a fare structure that is affordable for the middle
income population and, if any spare capacity still exists,
to offer discount tickets with restrictions on use and
availability that can fill otherwise unused seats. The
combination of supportive features that exist on the eastern
plains of China including very high population density,
rapidly growing disposable incomes, and the prevalence of
many large cities in reasonable proximity to one another
(creating not just one city-pair but a string of such pairs)
are not found in most developing countries. Nor could all
countries assemble the focused collective capacity building
effort and the economies of scale in construction costs that
arise when a government can commit the country, politically
and economically, to a decades-long program over a vast land
area. Even in China, the sustainability of railway debt
arising from the program as it proceeds will need to be
closely monitored and payback periods will not be short, as
they cannot be for such "lumpy" and long-lived
assets. But a combination of those factors that create
favorable conditions of both demand and supply comes
together in China in a way that is distinctly favorable to
delivering a successful high-speed rail system. |
| format |
Working Paper |
| author |
Amos, Paul Bullock, Dick Sondhi, Jitendra |
| author_facet |
Amos, Paul Bullock, Dick Sondhi, Jitendra |
| author_sort |
Amos, Paul |
| title |
High-Speed Rail : The Fast Track to Economic Development? |
| title_short |
High-Speed Rail : The Fast Track to Economic Development? |
| title_full |
High-Speed Rail : The Fast Track to Economic Development? |
| title_fullStr |
High-Speed Rail : The Fast Track to Economic Development? |
| title_full_unstemmed |
High-Speed Rail : The Fast Track to Economic Development? |
| title_sort |
high-speed rail : the fast track to economic development? |
| publisher |
World Bank, Beijing |
| publishDate |
2017 |
| url |
http://documents.worldbank.org/curated/en/680601468217156004/High-speed-rail-the-fast-track-to-economic-development http://hdl.handle.net/10986/27812 |
| _version_ |
1764465137833476096 |
| spelling |
okr-10986-278122021-04-23T14:04:44Z High-Speed Rail : The Fast Track to Economic Development? Amos, Paul Bullock, Dick Sondhi, Jitendra ACCELERATION ACCESSIBILITY ACCIDENTS AIR AIR SERVICES AIR TRANSPORT AIR TRAVEL AIRPORT AIRPORT DEVELOPMENT AIRPORTS AIRWAYS ALUMINUM AVERAGE SPEED BASIC BOTTLENECK BRAKING BRIDGES BUS CAR CAR OWNERS CARS CENTRAL BUSINESS DISTRICT CHANNEL TUNNEL CITY TRANSPORT CIVIL ENGINEERING CLIMATE CHANGE COMPANY CAR COMPONENTS CONGESTION CONNECTIVITY CONSTRUCTION COST-BENEFIT ANALYSIS DERAILMENTS DIESEL DOMESTIC TRAFFIC DOOR-TO-DOOR TRAVEL DRIVING ECONOMIES OF SCALE ENERGY CONSUMPTION ENVIRONMENTAL IMPACTS EQUIPMENT EXPRESS TRAINS EXPRESSWAYS EXTERNALITIES FACSIMILE FARE LEVELS FARE REDUCTIONS FARE STRUCTURE FAST TRAINS FATALITIES FINANCIAL PERFORMANCE FREEWAYS FREIGHT FREIGHT CUSTOMERS FREIGHT OPERATIONS FREIGHT SERVICES FREIGHT TRAFFIC FREIGHT TRAINS FREIGHT TRANSPORT GREENHOUSE GASES HAZARDOUS MATERIALS HEADWAYS HIGH SPEED TRAIN HIGH SPEEDS HIGH-SPEED HIGH-SPEED LINE HIGH-SPEED LINES HIGH-SPEED RAIL HIGH-SPEED RAIL NETWORK HIGH-SPEED RAIL PROJECT HIGH-SPEED RAIL SERVICES HIGH-SPEED RAIL SYSTEM HIGH-SPEED TRACK HIGH-SPEED TRAIN HIGH-SPEED TRAINS HIGHWAY HIGHWAYS INCOME INTERCITY RAIL INTERCONNECTIVITY INTERNATIONAL AIRPORTS INTERSTATE HIGHWAY INTERSTATE HIGHWAY SYSTEM JOINT VENTURES JOURNEY JOURNEYS KNOW-HOW LENGTH OF ROUTE LOCOMOTIVE LOCOMOTIVES LONG-DISTANCE METRO RAIL MIXED TRAFFIC MOBILITY MODES OF TRANSPORT MOTIVE POWER MULTIPLE UNIT TRAINS NATIONAL RAILWAY NATIONAL TRANSPORT NETWORKS PASSENGER CARS PASSENGER RAIL PASSENGER RAIL OPERATIONS PASSENGER REVENUE PASSENGER SERVICES PASSENGER TRAIN PASSENGER TRAINS PASSENGER TRANSPORT PASSENGER TRAVEL PASSENGERS PASSENGERS PER DAY PEAK HOURS POPULATION DENSITY PRICE SENSITIVE PRIVATE TRANSPORT PRIVATE VEHICLE PRIVATE VEHICLE TRAVEL RAIL ACCESS RAIL ADMINISTRATIONS RAIL CAPACITY RAIL CORRIDOR RAIL DEVELOPMENT RAIL FARES RAIL FREIGHT RAIL FREIGHT TRANSPORT RAIL INFRASTRUCTURE RAIL INVESTMENT RAIL JOURNEY RAIL LINE RAIL LINES RAIL LINK RAIL MARKET RAIL MARKET SHARE RAIL OPERATORS RAIL PASSENGER RAIL PASSENGERS RAIL PROJECTS RAIL SAFETY RAIL SERVICE RAIL SYSTEMS RAIL TRANSPORT RAIL TRAVEL RAILROAD RAILROAD INDUSTRY RAILROADS RAILS RAILWAY RAILWAY CAPACITY RAILWAY COMPANY RAILWAY DEVELOPMENT RAILWAY INDUSTRY RAILWAY LINE RAILWAY LINES RAILWAY NETWORK RAILWAY ROUTE RAILWAY SECTOR RAILWAY SERVICE RAILWAY STATIONS RAILWAY SYSTEM RAILWAYS REGIONAL TRAVEL RESETTLEMENT RIDERSHIP RIDERSHIP FORECASTS RIDING QUALITY ROAD ROAD CONGESTION ROAD CONNECTIONS ROAD TRAFFIC ROAD TRAFFIC ACCIDENTS ROAD TRANSPORT ROADS ROLLING STOCK ROUTE ROUTES SAFETY SAN SHARING SPEED SPEEDS STRUCTURES SURCHARGE ON FREIGHT SUSTAINABLE TRANSPORT TELECOMMUNICATIONS TERRAIN TRACKS TRAFFIC TRAFFIC GROWTH TRAFFIC VOLUME TRAFFIC VOLUMES TRAIN FARES TRAIN TRAVEL TRAINS TRAINS PER HOUR TRANSPORT TRANSPORT CORRIDORS TRANSPORT INDUSTRY TRANSPORT INFRASTRUCTURE TRANSPORT MODES TRANSPORT NETWORK TRANSPORT POLICIES TRANSPORT POLICY TRANSPORT PROJECTS TRANSPORT SYSTEM TRANSPORT USERS TRANSPORTATION TRANSPORTATION RESEARCH TRANSPORTATION SYSTEM TRAVEL DEMAND TRAVEL TIME TRAVELERS TRIP TRIP TIME TRIPS TUNNEL TUNNELS VALUE OF TIME WEBSITE WIND A high-speed rail service can deliver competitive advantage over airlines for journeys of up to about 3 hours or 750 km, particularly between city pairs where airports are located far from city centres. One suitable type of corridor is that which connects two large cities 250-500 km apart. But another promising situation is a longer corridor that has very large urban centres located, say, every 150-300 km apart. On these longer corridors, typical of some being built in China, high-speed rail has the ability to serve multiple city-pairs, both direct and overlapping. The overall financial performance of high-speed train services depends on enough people being able to pay a premium to use them. In Japan there is a surcharge for high-speed rail which doubles the fare on conventional services. China high-speed train fares are about three times conventional train fares. But in order to generate the required volume of passengers it will usually be necessary not only to target the most affluent travelers but also to adopt a fare structure that is affordable for the middle income population and, if any spare capacity still exists, to offer discount tickets with restrictions on use and availability that can fill otherwise unused seats. The combination of supportive features that exist on the eastern plains of China including very high population density, rapidly growing disposable incomes, and the prevalence of many large cities in reasonable proximity to one another (creating not just one city-pair but a string of such pairs) are not found in most developing countries. Nor could all countries assemble the focused collective capacity building effort and the economies of scale in construction costs that arise when a government can commit the country, politically and economically, to a decades-long program over a vast land area. Even in China, the sustainability of railway debt arising from the program as it proceeds will need to be closely monitored and payback periods will not be short, as they cannot be for such "lumpy" and long-lived assets. But a combination of those factors that create favorable conditions of both demand and supply comes together in China in a way that is distinctly favorable to delivering a successful high-speed rail system. 2017-08-15T14:49:03Z 2017-08-15T14:49:03Z 2010-07 Working Paper http://documents.worldbank.org/curated/en/680601468217156004/High-speed-rail-the-fast-track-to-economic-development http://hdl.handle.net/10986/27812 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Beijing Publications & Research :: Working Paper Publications & Research East Asia and Pacific China |