Title

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

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Link to publisher version (DOI)

http://dx.doi.org/10.1080/00343404.2020.1851359