1994•Compendium of Technical Papers, 64th ITE Annual MeetingInstitute of Transportation Engineers (ITE)Requires access

AIRPORT AREA ECONOMIC DEVELOPMENT MODEL: MODEL AND CASE STUDY

Roanne Neuwirth, Glen Weisbrod

Abstract

This paper, which is based on studies by Cambridge Systematics of airports in Europe, Japan and North America, is intended to provide a framework for better understanding economic impacts and planning for development around new or expanded airports. Based on the experience in the vicinity of these airports, the authors developed a model system for forecasting economic impact and planning for airport area land development. The Airport Area Economic Development Model divides impacts in terms of airport facility employment, directly-related business activity, businesses attracted to the surrounding area, and spin-off development.

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Key concepts: Regional science, Business, Economic impact analysis, Environmental planning, Transport engineering, Geography, Economic growth, Engineering