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Airports and Economic Development

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  • Richard K. Green

    (The George Washington University School of Business)

Abstract

This article tests whether the activity at a metropolitan area's airport helps predict population and employment growth. In regression equations explaining employment and population growth, the article uses various measures of airport activity, including boardings, originations, hub status and cargo volume. Because airports may be a function of, as well as a cause of, growth, the article instruments for airports by using geographical and lagged variables. It finds that, under a variety of specifications, passenger activity is a powerful predictor of growth; cargo activity is not. Copyright 2007 American Real Estate and Urban Economics Association

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Bibliographic Info

Paper provided by School of Business, The George Washington University in its series Working Papers with number 0002.

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Date of creation: Mar 2006
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Handle: RePEc:gwu:wpaper:0002

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Web page: http://www.business.gwu.edu/
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Blog mentions

As found by EconAcademics.org, the blog aggregator for Economics research:
  1. Two cents (or maybe a nickel) on Texas.
    by Richard K. Green in Richard's Real Estate and Urban Economics Blog on 2011-08-23 16:27:00
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Cited by:
  1. Edward L. Glaeser & Joshua D. Gottlieb, 2008. "The Economics of Place-Making Policies," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 39(1 (Spring), pages 155-253.
  2. Dieter Bogai & Mirko Wesling, 2011. "Beschäftigungseffekte von Großflughäfen: Eine kritische Bestandsaufnahme," Jahrbuch für Regionalwissenschaft, Springer, vol. 31(1), pages 75-91, June.
  3. Florida, Richard & Mellander, Charlotta & Holgersson, Thomas, 2012. "Up in the Air: The Role of Airports for Regional Economic Development," Working Paper Series in Economics and Institutions of Innovation 267, Royal Institute of Technology, CESIS - Centre of Excellence for Science and Innovation Studies.
  4. Malina, Robert & Albers, Sascha & Kroll, Nathalie, 2011. "Airport incentive programs: A European perspective," Working Paper Series 107, University of Cologne, Department of Business Policy and Logistics.
  5. Blonigen, Bruce A. & Cristea, Anca D., 2012. "Airports and Urban Growth: Evidence from a Quasi-Natural Policy Experiment," MPRA Paper 40304, University Library of Munich, Germany.
  6. Xavier Fageda, 2014. "“What hurts the dominant airlines at hub airports?”," IREA Working Papers 201414, University of Barcelona, Research Institute of Applied Economics, revised May 2014.
  7. Yan, Jia & Oum, Tae Hoon, 2014. "The effect of government corruption on the efficiency of US commercial airports," Journal of Urban Economics, Elsevier, vol. 80(C), pages 119-132.
  8. Allroggen, Florian & Malina, Robert & Lenz, Ann-Katrin, 2013. "Which factors impact on the presence of incentives for route and traffic development? Econometric evidence from European airports," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 60(C), pages 49-61.
  9. Kirsi Mukkala & Hannu Tervo, 2012. "Regional airports and regional growth: which way does the causality run?," ERSA conference papers ersa12p642, European Regional Science Association.
  10. Shujie Yao & Xiuyun Yang, . "Airport Development and Regional Economic Growth in China," Discussion Papers 08/07, University of Nottingham, GEP.
  11. Sheard, Nicholas, 2014. "Airports and urban sectoral employment," Journal of Urban Economics, Elsevier, vol. 80(C), pages 133-152.

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