ANALYSIS OF ECONOMIC IMPACT ASSOCIATED WITH DEVELOPMENT OF AN AIRPORT-INDUSTRIAL COMPLEX. (ABRIDGEMENT)

The development is described of the economic impact analysis that formed part of the site evaluation process for the new Louisville Jefferson county airport. Three major sources of direct employment associted with the airport-industrial complex development are identified. Land development, industrial land requirements, and the estimation of airport construction costs are discussed. Comments are made on the development of an economic base employment multiplier, and on a computerized model to calculate the impact of alternative projects on investment, employment, payroll and taxes. The model requires 2 major inputs: construction costs and emplanements. The model was run under 3 sets of conditions: pessimistic, likely and optimistic. The analysis also determined the effect of the airport-industrial development on local tax revenues.

• Record URL:
  http://onlinepubs.trb.org/Onlinepubs/trr/1976/588/588-006.pdf
• Record URL:
  https://scholar.google.com/scholar_lookup?title=ANALYSIS+OF+ECONOMIC+IMPACT+ASSOCIATED+WITH+DEVELOPMENT+OF+AN+AIRPORT-INDUSTRIAL+COMPLEX.+(ABRIDGEMENT)&author=J.+Jarvis&author=V.+Unger&author=J.+Corradino&author=C.+Schimpeler&publication_year=1976
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• Supplemental Notes:
  • Publication of this paper sponsored by Committee on Social, Economic, and Environmental Factors of Transportation. Distribution, posting, or copying of this PDF is strictly prohibited without written permission of the Transportation Research Board of the National Academy of Sciences. Unless otherwise indicated, all materials in this PDF are copyrighted by the National Academy of Sciences. Copyright © National Academy of Sciences. All rights reserved
• Authors:
  • Jarvis, John J
  • Unger, V E
  • Corradino, Joseph C
  • Schimpeler, Charles C
• Publication Date: 1976

Media Info

• Media Type: Print
• Features: References;
• Pagination: pp 35-37
• Monograph Title: Airport and air transport planning
• Serial:
  • Transportation Research Record
  • Issue Number: 588
  • Publisher: Transportation Research Board
  • ISSN: 0361-1981

Subject/Index Terms

• TRT Terms: Airport planning; Airports; Construction; Costs; Development; Economic development; Economic impacts; Employment; Industrial areas; Industrial buildings; Investments; Location; Mathematical models; Real estate development; Taxation; Time intervals
• Uncontrolled Terms: Construction costs; Industrial development; Models; Payroll; Site investigation
• Old TRIS Terms: Airport location
• Subject Areas: Aviation; Construction; Economics; Finance; Terminals and Facilities;

Filing Info

• Accession Number: 00159713
• Record Type: Publication
• ISBN: 0309025540
• Files: TRIS, TRB
• Created Date: Sep 20 1977 12:00AM