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The Spatial Impacts of a Massive Rail Disinvestment Program: The Beeching Axe / Steve Gibbons, Stephan Heblich, Edward W. Pinchbeck.
- Format:
- Book
- Author/Creator:
- Gibbons, Steve.
- Series:
- Working Paper Series (National Bureau of Economic Research) no. w32800.
- NBER working paper series no. w32800
- Language:
- English
- Physical Description:
- 1 online resource: illustrations (black and white);
- Place of Publication:
- Cambridge, Mass. National Bureau of Economic Research 2024.
- Summary:
- 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.
- Notes:
- August 2024.
- Print version record
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