Development of a Web-based Economic Impact Calculator for Small and Medium Size Airports

Development of a Web-based Economic Impact Calculator for Small and Medium Size Airports
Author: William C. Gartner
Publisher:
Total Pages: 46
Release: 2005
Genre: Airports
ISBN:

This report details the development of a Web-based economic impact calculator for Minnesota's Small and Medium Size, General Aviation airports. In this case, "economic impact" is defined as the result of expenditures or sales transactions between businesses or other entities that can be directly traced to the presence of an airport. The process involved site visits to 51 airports, meetings with airport managers, Fixed Base Operators (FBO), and Metropolitan council officials, as well as data collection of financials from airport sponsors and FBOs. After testing on the calculator was completed, it was transferred to the Mn/DOT Aeronautics server and can be found at http://dotapp1.dot.state.mn.us:8080/aeic/main.htm. We recommend, however, that a new effort be considered to obtain more detailed financials for FBOs as a way to improve calculator accuracy. Although the current model provides a good estimation of FBO expenditures, greater accuracy could be obtained with more data.

The Development of a Web-based Small Airport Economic Impact Model

The Development of a Web-based Small Airport Economic Impact Model
Author: Jeffrey D. Borowiec
Publisher:
Total Pages: 0
Release: 2020
Genre: Airports
ISBN:

Knowing the current economic impact of an airport is critical to both airport sponsors and the Texas Department of Transportation (TxDOT). While TxDOT periodically commissions a statewide economic impact study, the ability to provide updated or more precise economic impact values to airport sponsors and other stakeholders is needed. Having updated and current numbers is important because many local officials use the airport's economic impact values to justify airport investment. Researchers built the input/output model using IMPLAN multipliers, visitor spending data from the Texas Governor's Office, Terminal Area Forecast data from the Federal Aviation Administration, and the latest available data from the recently completed statewide economic impact study of Texas airports. The web tool, called the Small Airport Economic Impact Estimator, takes the model and provides an interface for users to calculate the economic impact of the airport of their choice. The user has the option to calculate using the default data or provide new inputs based on his or her knowledge of current conditions. The Small Airport Economic Impact Estimator Tool provides a resource for airport managers, planners, and local officials. As economic conditions change and the airport develops, the Estimator provides up-to-date economic impact numbers that can support grant applications and local funding matches, as well as attract new development. In addition, the Estimator can estimate economic impacts that may be realized if certain improvements are made that increase airport activity.

Department Publications

Department Publications
Author: University of Minnesota. Department of Applied Economics
Publisher:
Total Pages: 50
Release: 2005
Genre: Agriculture
ISBN:

Annual Report

Annual Report
Author: University of Minnesota. Center for Transportation Studies
Publisher:
Total Pages: 48
Release: 2005
Genre: Transportation
ISBN:

Bulletin of the Atomic Scientists

Bulletin of the Atomic Scientists
Author:
Publisher:
Total Pages: 116
Release: 1970-06
Genre:
ISBN:

The Bulletin of the Atomic Scientists is the premier public resource on scientific and technological developments that impact global security. Founded by Manhattan Project Scientists, the Bulletin's iconic "Doomsday Clock" stimulates solutions for a safer world.

Border Management Modernization

Border Management Modernization
Author: Gerard McLinden
Publisher: World Bank Publications
Total Pages: 401
Release: 2010-11-30
Genre: Social Science
ISBN: 0821385976

Border clearance processes by customs and other agencies are among the most important and problematic links in the global supply chain. Delays and costs at the border undermine a country’s competitiveness, either by taxing imported inputs with deadweight inefficiencies or by adding costs and reducing the competitiveness of exports. This book provides a practical guide to assist policy makers, administrators, and border management professionals with information and advice on how to improve border management systems, procedures, and institutions.