
Assessment of Drivers and Deterrents of Development of High-Speed Passenger Railway Transportation
Author(s) -
М. М. Железнов,
Oleg Karasev,
D. A. Rakov,
Е. А. Шитов
Publication year - 2022
Publication title -
mir transporta
Language(s) - English
Resource type - Journals
ISSN - 1992-3252
DOI - 10.30932/1992-3252-2020-19-4-11
Subject(s) - transport engineering , investment (military) , ranking (information retrieval) , business , passenger transport , road transport , environmental economics , computer science , economics , engineering , machine learning , politics , political science , law
Reduction in travel time is one of the eloquent trends in transport developments. It is consistent with the desire of leading transport companies to create conditions to increase traffic speeds. The objective of the article is to analyse prospects and drivers for development of high-speed rail transportation as of a priority transport segment characterised by best safety rates and environmental friendliness as compared to other types of transportation. The review of core parameters of HSR is suggested to show features of its global development. Ecological friendliness, encouragement of labour and other mobility of people, of innovative technology development of railways and interconnected industries are most relevant as universal drivers of HSR development. Constraints due to substantial investment needs, long payback period, necessity to implement additional side projects to develop interrelated transport infrastructure to obtain more tangible economic and social effects, to provide for sufficient passenger flow at the initial or further stages of HSR operation were considered as main deterrents. The factors, their parameters, assessment of their priority ranking when making decisions on construction or development of HSR are determined in each country by transport development strategies, current economic conditions, and a set of other factors.