HS2: economic forecasts
Response to a request about the economic forecasts used in ‘do minimum’ and High Speed 2 (HS2) forecasts.
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Response to a Freedom of Information (FOI) request for information about the economic forecasts used in the ‘do minimum’ and HS2 forecasts. The requester asked:
- if the incomes elasticities on demand continue to be those clarified in the HS2 technical seminars
- why the Department for Transport (DfT) persists with the distance term and high cap
- whether, if Passenger Demand Forecasting Handbook (PDFH) 5.0 values for income elasticities are adopted, it would reduce projected passenger demand
- how much DfT predict that demand for long distance West Coast, Midland and East Coast main line services would reduce by