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Assessing the wider economic benefits of air transport

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  • Forsyth, Peter

Abstract

•This paper provides a systematic review of the growing research into the wider economic benefits, or WEBs, of air transport.•It analyses what constitutes a WEB, distinguishing them from related wider economic impacts (WEIs).•The paper provides a critical discussion of possible sources of WEBs and how WEBs might be evaluated.•The paper provides an overall review of the characteristics of suggested WEBs and ways of improving their measurement.

Suggested Citation

  • Forsyth, Peter, 2021. "Assessing the wider economic benefits of air transport," Transport Policy, Elsevier, vol. 104(C), pages 11-18.
    • Handle: RePEc:eee:trapol:v:104:y:2021:i:c:p:a11-a18
    DOI: 10.1016/j.tranpol.2020.06.007
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    References listed on IDEAS

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    5. Johannes Bröcker & Jean Mercenier, 2011. "General Equilibrium Models for Transportation Economics," Chapters, in: André de Palma & Robin Lindsey & Emile Quinet & Roger Vickerman (ed.), A Handbook of Transport Economics, chapter 2, Edward Elgar Publishing.
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    10. Forsyth, Peter, 2006. "Martin Kunz Memorial Lecture. Tourism benefits and aviation policy," Journal of Air Transport Management, Elsevier, vol. 12(1), pages 3-13.
    11. Panzar, John C, 1979. "Equilibrium and Welfare in Unregulated Airline Markets," American Economic Review, American Economic Association, vol. 69(2), pages 92-95, May.
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