The Value of Government Services: Evidence From Flight Delays During the 2025 Shutdown
Russell Wong
Richmond Fed Economic Brief, 2025, vol. 25, issue 45
Abstract:
The value of government services is difficult to determine, but when they are disrupted, the value they provide can be inferred from the resulting losses. The flight delays occurring during the government shutdown provides an opportunity to place a value on government services in aviation. An analysis shows that an estimated 1 million extra work-hours of delay were incurred during the 43 days of shutdown beginning Oct. 1, costing $66 million.
Keywords: employment; and; labor; markets (search for similar items in EconPapers)
Date: 2025
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