High-Speed Rail in California: A Cost-Benefit Analysis
- Author(s): Kockelman, Kara;
- et al.
Published Web Locationhttps://doi.org/10.5070/BP39113073
Very high speed rail may be a competitive mode of trans portation for California's future. This article presents an evaluation of the economic and comprehensive benefits and costs associated with such an endeavor. The results indicate competitive comprehensive rates of return and a potential for project self-financing, suggesting that such a project merits serious consideration by the State.