Do airport activities affect regional economies? Regional analysis of New Zealand’s airport system
Publication Name
Regional Studies
Abstract
This study investigates the impacts of airport activities on regional economies using annual data on all regions and 22 airports in New Zealand from 2001 to 2016. In addition to fixed effects estimation, the system generalized method of moments approach and the dynamic common correlated effects estimator are used to account for cross-sectional dependence, cross-regional heterogeneity and feedback effects. The study shows clear and consistent evidence that aviation activities positively affect regional economies, and that it is beneficial for policy-makers and airport owners in a region to promote aviation activities.
Open Access Status
This publication is not available as open access
Volume
55
Issue
4
First Page
707
Last Page
722
Funding Number
BE2E
Funding Sponsor
Massey University