The Economic Impact of U.S. Airports During the Recession and the Recovery

Nick Larsen and Chris Mier

Municipal Finance Journal, 2012, vol. 33, issue 1, 59 - 113

Abstract: Airports are essential infrastructure to the economies of their host states, enabling economic activity to occur both among states and between states and countries. Even with the rapid advancement of communication technology in the last quarter century—including videoconferencing, conference calling, and Internet communication—airports continue to move billions of pounds of freight and millions of people faster, or more efficiently, than trucks, trains, or boats. This study addresses the economic impact airports have on their respective state economies, analyzing how various airports were susceptible to changes in the economic business cycle during the recession and recovery.

Date: 2012
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