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Increasing the number of destinations and passengers an airport serves has a positive effect on regional economic development.

Bilotkach, Volodymyr (2015) Increasing the number of destinations and passengers an airport serves has a positive effect on regional economic development. USApp– American Politics and Policy Blog (03 Jul 2015). Website.

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Abstract

As the economic recovery continues, airports are experiencing growing passenger numbers. But does economic growth create more demand for air travel, or does air travel help to drive economic growth? In new research which looks at data from metropolitan areas over 17 years, Volodymyr Bilotkach finds that adding 100 passengers a day to the volume an airport served can lead to between 98 and 315 new local jobs, and that adding a new destination can lead to between 98 and 223 new jobs and the opening of between 4 and 15 new businesses.

Item Type: Online resource (Website)
Official URL: http://blogs.lse.ac.uk/usappblog/
Additional Information: © 2015 The Author, USApp – American Politics and Policy Blog, The London School of Economics and Political Science.
Divisions: LSE
Subjects: H Social Sciences > HB Economic Theory
H Social Sciences > HD Industries. Land use. Labor
H Social Sciences > HE Transportation and Communications
Date Deposited: 12 Aug 2015 08:59
Last Modified: 17 Oct 2024 17:03
URI: http://eprints.lse.ac.uk/id/eprint/63085

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