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Economic development and the impact of the EU--US Transatlantic Open Skies Air Transport Agreement

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  • Kenneth Button
  • Rui Neiva
  • Junyang Yuan

Abstract

This article examines the economic impacts on the United States east coast regions of the EU--US Open Skies Agreement that liberalized air service over the North Atlantic. It considers the link between air travel volumes before and after the Agreement and the economies of the main metropolitan areas. It finds, using a number of model specifications, that the economic impacts of air traffic increased after the enactment of the Agreement.

Suggested Citation

  • Kenneth Button & Rui Neiva & Junyang Yuan, 2014. "Economic development and the impact of the EU--US Transatlantic Open Skies Air Transport Agreement," Applied Economics Letters, Taylor & Francis Journals, vol. 21(11), pages 767-770, July.
    • Handle: RePEc:taf:apeclt:v:21:y:2014:i:11:p:767-770
    DOI: 10.1080/13504851.2014.889794
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    References listed on IDEAS

    as
    1. Button, Kenneth & Taylor, Samantha, 2000. "International air transportation and economic development," Journal of Air Transport Management, Elsevier, vol. 6(4), pages 209-222.
    2. Richard K. Green, 2007. "Airports and Economic Development," Real Estate Economics, American Real Estate and Urban Economics Association, vol. 35(1), pages 91-112, March.
    3. Jan K. Brueckner, 2003. "Airline Traffic and Urban Economic Development," Urban Studies, Urban Studies Journal Limited, vol. 40(8), pages 1455-1469, July.
    4. Debbage, Keith G. & Delk, Dawn, 2001. "The geography of air passenger volume and local employment patterns by US metropolitan core area: 1973–1996," Journal of Air Transport Management, Elsevier, vol. 7(3), pages 159-167.
    5. Button, Kenneth & Lall, Somik & Stough, Roger & Trice, Mark, 1999. "High-technology employment and hub airports," Journal of Air Transport Management, Elsevier, vol. 5(1), pages 53-59.
    6. Aschauer, David Alan, 1989. "Is public expenditure productive?," Journal of Monetary Economics, Elsevier, vol. 23(2), pages 177-200, March.
    7. Button, Kenneth, 2009. "The impact of US–EU “Open Skies†agreement on airline market structures and airline networks," Journal of Air Transport Management, Elsevier, vol. 15(2), pages 59-71.
    8. Pitfield, D.E., 2009. "The assessment of the EU–US Open Skies Agreement: The counterfactual and other difficulties," Journal of Air Transport Management, Elsevier, vol. 15(6), pages 308-314.
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    Cited by:

    1. Zhang, Shengrun & Derudder, Ben & Fuellhart, Kurt & Witlox, Frank, 2018. "Carriers’ entry patterns under EU-US open skies agreement," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 111(C), pages 101-112.
    2. Tello Contreras, Juan, 2017. "An Analysis Of The Open Skies Policy And Its Effects On The Tourism Industry In Mexico," Journal of Tourism, Sustainability and Well-being, Cinturs - Research Centre for Tourism, Sustainability and Well-being, University of Algarve, vol. 5(4), pages 376-399.

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