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The spatial impacts of a massive rail disinvestment program: The Beeching Axe

Stephen Gibbons, Stephan Heblich, Edward W. Pinchbeck

2024Journal of Urban Economics15 citationsDOIOpen Access PDF

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-20th 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.

Topics & Concepts

DisinvestmentBusinessEconomicsMacroeconomicsForeign direct investmentUrban and Freight Transport LogisticsAviation Industry Analysis and TrendsTransport and Economic Policies
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