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Social Benefit Of HSR

Posted on:2012-01-07Degree:MasterType:Thesis
Country:ChinaCandidate:J LianFull Text:PDF
GTID:2189330335950882Subject:Statistics
Abstract/Summary:PDF Full Text Request
The construction of high-speed railway has strong connection with national economy and social productive forces. Economically, high-speed railway is a product at stage of economic and society development.High cost has became mechanical damage of high-speed railway. From the experience of Japanese and European high-speed railway, we know that at the initial period losses are inevitable. Because the maintenance cost is high. But we should see that, after the dark period, all of them have gone to the path of profitability. As a developing county, if China have the power to support the construction of high-speed railway? And how to estimate the cost and benefit of high-speed railway? And when will high-speed railway get the its profitable? All of these questions will be analyzed in this paper. At the same time, we also contrast the cost and benefit between our country's and other countries' high-speed railway. From the process, we will get some reference points.When we consider about the dispute of high fares of high-speed railway, few people will consider about the fringe benefit brought by high-speed railway, for example, to stimulate the economy along, reduce environmental pollution and noise pollution, and so on. All of them are consist in external return, rarely being noticed ether. Some external effects such as these are often ignored by most people. If you do not consider these hidden factors, a simple look at the issue from a financial aspect and concluded that high-speed rail is a loss, seems also to be biased.In this article, we explore the problem of costs and benefits of high-speed railway is no longer a simple departure from the financial aspects, but in the social welfare level as a starting point, more comprehensive view of existence of high-speed rail the value of this infrastructure.
Keywords/Search Tags:HSR, Social cost, Social benefit, Public product, Natural monopoly
PDF Full Text Request
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