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New evidence suggests that air services do boost regionaleconomic growth

Blonigen, Bruce and Cristea, Anca (2015) New evidence suggests that air services do boost regionaleconomic growth. USApp– American Politics and Policy Blog (21 Apr 2015). Blog Entry.

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Abstract

Airports have become a familiar presence both in and near many U.S. cities in recent decades, but are they actually beneficial to a region’s economic growth? In new research which takes advantage of 1978’s Aviation Deregulation Act to study air services’ effects, Bruce Blonigen and Anca Cristea find that a 50 percent increase in air traffic leads to a 7.5 percent rise in a region’s real GDP over 20 years. They also find that this growth occurs almost exclusively in the service and retail sectors.

Item Type: Website (Blog Entry)
Official URL: http://blogs.lse.ac.uk/usappblog/
Additional Information: © 2015 The Authors
Subjects: H Social Sciences > HF Commerce
H Social Sciences > HG Finance
H Social Sciences > HN Social history and conditions. Social problems. Social reform
Sets: Collections > LSE American Politics and Policy (USAPP) Blog
Date Deposited: 15 May 2015 11:15
Last Modified: 15 May 2015 11:15
URI: http://eprints.lse.ac.uk/id/eprint/61959

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