A Spatial Econometric Analysis of the Aerotropolis Atlanta

Seongsu David Kim () and Andrew T. Carswell

International Regional Science Review, 2025, vol. 48, issue 2, 180-209

Abstract: Following the public-private collaborative partnership announcement in 2014, the Aerotropolis of the Hartsfield-Jackson Atlanta International Airport gathered much attention. This study conducts a spatiotemporal analysis using a difference-in-differences analysis on similar properties sold before and after this announcement, set apart by the location respective to the Aerotropolis border. The result shows a higher price appreciation of properties inside the border sold in the postannouncement period, which shows evidence of a positive externality effect of this policy initiative.

Keywords: Aerotropolis Atlanta; difference-in-differences; externality effect; spatial error model (SEM); spatiotemporal analysis; R11 (growth, development, and changes); R58 (regional development policy) (search for similar items in EconPapers)
Date: 2025
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Persistent link: https://EconPapers.repec.org/RePEc:sae:inrsre:v:48:y:2025:i:2:p:180-209

DOI: 10.1177/01600176241268103

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