Spain: highs and lows of 20 years of HSR operation

摘要

This paper has been written in response to the Viewpoint contribution by the author Button (2012) entitled: "Is there any economic justification for high-speed railways in the United States?". In this article, the Spanish HSR high-speed rail network is used as an argument against certain HSR investments. Several of the data presented by the author are misleading and some of the information given in connection with Spain is incomplete. As the Journal of Transport Geography is widely read by policymakers and the scientific community, Button's misrepresentation could cause serious damage. We therefore set out to clarify the data used by Kenneth Button and to explore some points in greater detail, although in no case eschewing criticism of Spain. Although excessive Spanish investment in public infrastructure over the last twenty years has probably had a negative impact on the real estate bubble, investments in HSR infrastructure in Spain have specifically been accompanied by two particular facts that need to be distinguished from other countries' experience. These facts cannot be overlooked and will be discussed in this paper. They relate firstly to the total amount of European funds used in HSR construction and secondly to the technological and scientific innovations developed in Spain linked to the HSR market.