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Up in the Air: The Role of Airports for Regional Economic Development

Author

Listed:
  • Florida, Richard

    (University of Toronto)

  • Mellander, Charlotta

    (Jönköping International Business School)

  • Holgersson, Thomas

    (Jönköping International Business School)

Abstract

Short on the role of airports in for regional development in earlier work, our research examines two things: (1) the likelihood for the region to have an airport in the first place and (2) the effects of airports for regional economic development. Based on multiple regression analysis for US metros, we find that airports are more likely in larger metros with higher shares of more cultural workers and warmer winters are more likely to have an airport in the first place. We also find that airports add significantly to economic output per capita, when controlling for other variables, and that the size of the airport activities matters.

Suggested Citation

  • 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.
    • Handle: RePEc:hhs:cesisp:0267
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    References listed on IDEAS

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    Keywords

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    JEL classification:

    • R00 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General - - - General
    • R40 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Transportation Economics - - - General

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