Airport Economic Impact Methods and Models (2008) / Chapter Skim
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Pages 16-19
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From page 16... ...
17 Four studies were selected from the literature review to illustrate the different facets of economic impact and approaches used to assess impact. The focus here is to highlight specific methodologies, particularly innovative ones.
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From page 17... ...
more than $1.3 billion in overall economic activity, including $307 million in payroll, $11.5 million in taxes, $1.1 billion in spending, and more than 10,000 jobs. The most interesting part of this methodology is that the values indicated are the "net contribution" to the regional economy and represent those values that are contributed owing to the existence of the six airports.
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From page 18... ...
19 impact estimate. According to the study, the airport accounts for $45.4 million in business activity and provides 450 jobs.
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From page 19... ...
• Wages -- payroll expended for employees, including all taxes and benefits. • Economic activity -- commonly referred to as output, this represents business sales.
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