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Up in the air: The role of airports for regional economic development
Rotman School of Management, University of Toronto.
Jönköping University, Jönköping International Business School, JIBS, The Prosperity Institute of Scandinavia (PIS). Jönköping University, Jönköping International Business School, JIBS, Economics.
Jönköping University, Jönköping International Business School, JIBS, Statistics.
2015 (English)In: The annals of regional science, ISSN 0570-1864, E-ISSN 1432-0592, Vol. 54, no 1, 197-214 p.Article in journal (Refereed) Published
Abstract [en]

Our research examines the role of airports in regional development. Specifically, we examine two things: (1) the factors associated with whether or not a metro will have an airport, and (2) the effect of airport activities on regional economic development. Based on multiple regression analysis for U.S. metros, our research generates four key findings. First, airports are more likely to be located in larger metros with higher shares of cultural workers and warmer winters. Second, airports add significantly to regional development measured as economic output per capita. Third, the effect of airports on regional development occurs through two channels—their capacity to move both people and cargo, with the former being somewhat more important. Fourth, the impact of airports on regional development varies with their size and scale.

Place, publisher, year, edition, pages
2015. Vol. 54, no 1, 197-214 p.
Keyword [en]
Headquarters, information, cities, impact
National Category
Economics
Identifiers
URN: urn:nbn:se:hj:diva-28363DOI: 10.1007/s00168-014-0651-zISI: 000350035800008Scopus ID: 2-s2.0-84925511444Local ID: IHHPISISOAI: oai:DiVA.org:hj-28363DiVA: diva2:873014
Available from: 2015-11-22 Created: 2015-11-22 Last updated: 2015-12-16Bibliographically approved

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CiteExportLink to record
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Cite
Citation style
  • apa
  • harvard1
  • ieee
  • modern-language-association-8th-edition
  • vancouver
  • Other style
More styles
Language
  • de-DE
  • en-GB
  • en-US
  • fi-FI
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  • nn-NB
  • sv-SE
  • Other locale
More languages
Output format
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