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-20๐กโ 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.
Original language | English |
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Article number | 103691 |
Number of pages | 15 |
Journal | Journal of Urban Economics |
Volume | 143 |
Early online date | 17 Aug 2024 |
DOIs | |
Publication status | Published - Sept 2024 |
Keywords
- Rail
- Infrastructure
- Beeching cuts