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

Richard Florida (), Charlotta Mellander and Thomas Holgersson ()
Additional contact information
Richard Florida: University of Toronto
Thomas Holgersson: Jönköping International Business School

No 267, Working Paper Series in Economics and Institutions of Innovation from Royal Institute of Technology, CESIS - Centre of Excellence for Science and Innovation Studies

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.

Keywords: Airports; economic development (search for similar items in EconPapers)
JEL-codes: R00 R40 (search for similar items in EconPapers)
Pages: 21 pages
Date: 2012-03-13
New Economics Papers: this item is included in nep-tre and nep-ure
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (5)

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Journal Article: Up in the air: the role of airports for regional economic development (2015)
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Persistent link: https://EconPapers.repec.org/RePEc:hhs:cesisp:0267

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