Gibbons, Stephen ORCID: 0000-0002-2871-8562, Heblich, Stephan and Pinchbeck, Edward W.
(2024)
The spatial impacts of a massive rail disinvestment program: the beeching axe.
Journal of Urban Economics.
ISSN 0094-1190
(In Press)
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Text (The Spatial Impacts of a Massive Rail Disinvestment Program The Beeching Axe)
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Abstract
This paper investigates the reversibility of the effects of transport infrastructure investments, based on a programme that removed much of the rail network in Britain during the mid-20ℎ century. We find that a 10% loss in rail access between 1950 and 1980 caused a persistent 3% decline in local population relative to unaffected areas, implying that the 1 in 5 places most exposed to the cuts saw 24 percentage points less population growth than the 1 in 5 places that were least exposed. The cuts reduced local jobs and shares of skilled workers and young people.
Item Type: | Article |
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Additional Information: | © 2024 |
Divisions: | Geography & Environment Centre for Economic Performance |
JEL classification: | H - Public Economics > H5 - National Government Expenditures and Related Policies > H54 - Infrastructures; Other Public Investment and Capital Stock R - Urban, Rural, and Regional Economics > R1 - General Regional Economics > R10 - General R - Urban, Rural, and Regional Economics > R4 - Transportation Systems > R40 - General N - Economic History > N7 - Transport, International and Domestic Trade, Energy, Technology, and Other Services > N74 - Europe: 1913- |
Date Deposited: | 13 Aug 2024 10:18 |
Last Modified: | 13 Aug 2024 11:45 |
URI: | http://eprints.lse.ac.uk/id/eprint/124531 |
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