brian/
Publications

Report on High-Speed Rail: Recommendations for a New Era of American Infrastructure

Brian Zhou, Arik Karim, Vivian Zhu, Jake Zeng, Anant Khandelwal, Sam Chen, Hanming Sun, Venkata Yenuganti, Zach Chen
SSRN, 2023
SSRNLink
BibTeX
@misc{zhou2023highspeedrail,
  title        = {Report on High-Speed Rail: Recommendations for a New Era of American Infrastructure},
  author       = {Zhou, Brian and Karim, Arik and Zhu, Vivian and Zeng, Jake and Khandelwal, Anant and Chen, Sam and Sun, Hanming and Yenuganti, Venkata and Chen, Zach},
  year         = {2023},
  month        = apr,
  day          = {4},
  howpublished = {SSRN},
  url          = {https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4408880}
}

Abstract

High-speed rail has the potential to revitalize the decaying American passenger rail system and public transit infrastructure at large. However, while other countries have far surpassed America's HSR network, ongoing projects in America face delayed construction, rising costs, legal challenges, and poor support infrastructure. Despite these challenges, HSR still has the potential to revolutionize American transit and revitalize the American economy, offering an alternative to car and air travel, reducing carbon emissions, and connecting vast cities and regions. Support for improved infrastructure enjoys bipartisan support, and the growing political sway of the younger generation is increasingly advocating for improved rail transit. However, actions are needed by the Federal government and state legislatures to allow for these HSR projects to succeed. We analyze the involvement of stakeholders through the development of HSR, their incentive structures and influence, and propose actions that can be taken by governments on the state and federal levels to encourage the growth and development of a national HSR project.

See also