The economic impact study is a tool frequently used by airport operators, planners, and regulatory agencies to measure the economic value that an airport contributes to its local and regional surroundings. It has become one of the standard airport planning documents, along with the airport master plan update, noise compatibility study, and required environmental documents. The traditional methods used in airport economic impact studies are based on guidance material provided at least 20 years ago. These methods, which focus on applying multipliers to airport jobs and visitor spending, may be inadequate today for capturing the unique value of an airport to its community. A new guide might be desirable in the future. This synthesis study documenting the state of practice today is the first step toward a new guide.


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    Title :

    Airport Economic Impact Methods and Models. A Synthesis of Airport Practice


    Contributors:
    J. Karlsson (author) / J. R. Ludders (author) / D. Wilde (author) / D. Mochrie (author) / C. Seymour (author)

    Publication date :

    2008


    Size :

    75 pages



    Type of media :

    Report


    Type of material :

    No indication


    Language :

    English