An Economic Impact of Development Project: Case of Phuket International Airport in Thailand

Wannaphong Durongkaveroj

MPRA Paper from University Library of Munich, Germany

Abstract: The purpose of this study was to estimate the total economic impact of development project of Phuket International Airport (Thailand) using Input-Output Multiplier. The result revealed that the positive economic impact borne to Phuket province was about 32 billion baht or almost 120 percent increasing from initial impact of 15 billion baht. Also, total economic impact to AOT was around 3.6 billion baht or 99 percent increasing from initial impact of 1.8 billion baht. Development project of Phuket International Airport was thus worthwhile to do so as to improve our facilities for being able to fit a higher demand in tourism industry in the near future. From economic integration like AEC, we should take this advantages by developing our infrastructures or facilities to match with greater interdependence.

Keywords: economic analysis; input output multiplier; economic impact; development project (search for similar items in EconPapers)
JEL-codes: L9 L93 O18 O50 R40 (search for similar items in EconPapers)
Date: 2013-09-30, Revised 2014-02-24
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:53931

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