When supply travels far beyond demand: Causes of oversupply in Spain's transport infrastructure

Albalate, Daniel; Bel, Germà; Fageda, Xavier

doi:10.1016/j.tranpol.2015.03.004

Cited by 41 publications

(27 citation statements)

References 12 publications

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“…By contrast, the density of use of the Spanish AVE railway network at the beginning of this decade, whether measured in passenger/km or passenger*km, Germany 2.6 times (Albalate et al, 2015).…”

Section: Plurinational States and Infrastructuresmentioning

confidence: 86%

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Plurinational states and infrastructures

Bel

2017

Annual Review

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Mature economies tend to invest less in new construction and more in maintenance and management. This is particularly important in the case of Spain, which in addition to being a mature economy presents a huge excess capacity in all interurban modes, and particularly in the radial corridors. The key to a reorganisation of the infrastructure policy in a hypothetical state that recognises itself as multinational is the transfer of management to units forming the federation; in some cases, ownership should be transferred as well. In this regard, this paper presents a new model of infrastructure policy for a different Spain, and it does so by taking advantage of lessons taught from other infrastructure policies widely applied in parts of Europe and the US.

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Section: Plurinational States and Infrastructuresmentioning

confidence: 86%

“…With regard to the latest infrastructure policies, the mismatch between supply and demand has been documented and analysed by Bel (2010) and Albalate, et al (2015).…”

Section: Highlights Of This Spanish Infrastructure Model In the Constmentioning

confidence: 99%

Plurinational states and infrastructures

Bel

2017

Annual Review

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“…In a climate of worldwide financial crisis, the exorbitant cost of building a new HSR line requires empirical evidence of its economic and social efficiency and this fact has generated a great debate in the scientific community (Betancor and Llobet, 2015;Albalate and Bel, 2015;Albalate et al, 2015). Especially in countries with high tourism attractiveness, future HSR line projects need all possible benefits to be studied.…”

Section: Hsr Impact On Tourism: Literature Reviewmentioning

confidence: 99%

The Assessment of the HSR Impacts on Spanish Tourism: An Approach Based on Multivariate Panel Data Analysis

Guirao

Campa

Lambas

2016

Transportation Research Procedia

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Literature review shows that little research has done so far to estimate how tourism indicators are affected by new High Speed Rail (HSR) lines. In 2012, a multivariate panel analysis developed by Chen and Haynes was applied to the Chinese regions to quantify the HSR impact on tourism output. The Chinese experience confirmed that, during the period 1999-2010, emerging high speed rail services did have significant positive impacts on boosting tourism in China. Since them, no similar empirical tool has ever been tested in Europe.The aim of this paper is to analyze and validate the suitability of this tool to assess empirically the effects of HSR on Spanish tourism during the period 1999-2014, and to enhance the abovementioned model with a tourism database. With more than 20 years' HSR experience, and operating the longest HSR network in Europe (2,900 km), Spain offers a good scenario for this model application because Spanish tourism sector represents 10.2% of its gross domestic product (GDP). Results clearly show that there is a direct linkage between the evolution of certain Spanish tourism outputs and the construction of the HSR network. However, authors´ recommendations include future new research on some variables limitations like the type of tourism output considered or the consideration of alternative explanatory indicators.

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“…In a climate of worldwide financial crisis, the exorbitant cost of building a new HSR line requires empirical evidence of its economic and social efficiency and this fact has generated a great debate in the scientific community (Coto-Millán et al, 2007;de Rus and Nombela;2007 Betancor andLlobet, 2015;Albalate and Bel, 2015;Albalate et al, 2015) Especially in countries with high tourism attractiveness, future HSR line projects need all possible benefits to be studied. Tourism impacts on HSR could be considered as a benefit variable although we recognize that tourism is a complex phenomenon to analyze (Sinclair and Stabler, 1997;Caccomo and Solonandrasana, 2001), a form of complementary demand for which the main components are transport, food, and accommodation (Morley, 1992).…”

Section: Hsr Impacts On Tourism: Literature Reviewmentioning

confidence: 99%

The assessment of the HSR impacts on Spanish tourism: an approach based on multivariate panel data analysis

Guirao

2016

Libro De Actas CIT2016. XII Congreso De Ingeniería Del Transporte

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Literature review shows that little research has done so far to estimate how tourism indicators are affected by new HSR lines. In 2012, a multivariate panel analysis developed by Chen and Haynes was applied to the Chinese regions to quantify the HSR impact on tourism output. The Chinese experience confirmed that, during the period 1999-2010, emerging high speed rail services did have significant positive impacts on boosting tourism in China. Since them, no similar empirical tool has ever been tested in Europe.The aim of this paper is to analyze and validate the suitability of this tool to assess empirically the effects of HSR on Spanish tourism during the period 1999-2014, and to enhance the abovementioned model with a tourism database. With more than 20 years' HSR experience, and operating the longest HSR network in Europe (2,900 km), Spain offers a good scenario for this model application because Spanish tourism sector represents 10.2% of its gross domestic product (GDP). Results clearly show that there is a direct linkage between the evolution of certain Spanish tourism outputs and the construction of the HSR network. However, authors´ recommendations include future new research on some variables limitations like the type of tourism output considered or the consideration of alternative explanatory indicators.

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When supply travels far beyond demand: Causes of oversupply in Spain's transport infrastructure

Cited by 41 publications

References 12 publications

Plurinational states and infrastructures

Plurinational states and infrastructures

The Assessment of the HSR Impacts on Spanish Tourism: An Approach Based on Multivariate Panel Data Analysis

The assessment of the HSR impacts on Spanish tourism: an approach based on multivariate panel data analysis

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