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Title: RECOMMENDED REGIONAL ECONOMIC IMPACT PROCEDURES FOR AVIATION-RELATED PROJECTS
Accession Number: 00476125
Record Type: Component
Availability: Find a library where document is available Abstract: In this paper is presented a stepwise system, in descending order, based on sales, payroll, and employees for measuring the regional economic impact of aviation-related projects. The procedure is based on the Regional Input-Output Modeling System (RIMS II) developed by the U.S. Department of Commerce. Also presented are a brief discussion of the RIMS II methodology, general issues associated with aviation-related economic impact studies, an overview of all major studies using RIMS II multipliers, and recommended procedures for future studies. Every agency, or their lead consultants, that had completed or was conducting a major aviation-related economic study with RIMS II responded to a questionnaire used to gather information for this paper. Every respondent reported overall satisfaction with RIMS II. Input-output analysis is the preferred technique for evaluating regional economic impacts of business activity. Developmental problems associated with input-output analysis have been overcome with the development of RIMS II. Since 1983 the RIMS II multiplier methodology has become the dominant economic impact methodology for evaluating regional aviation impacts. In March 1986, 10 major aviation economic studies encompassing 30 primary commercial service and more than 200 general aviation airports were under way or completed. Because the application of RIMS II multipliers to the aviation industry is so recent, discussion and more precise guidelines on the use of the methodology as applied directly to the aviation industry are needed.
Supplemental Notes: Publication of this paper sponsored by Committee on Aviation Economics and Forecasting. 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
Monograph Title: Monograph Accession #: 01418190
Authors: McLeod, Douglas SPagination: pp 15-24
Publication Date: 1988
Serial: Conference:
67th Annual Meeting of the Transportation Research Board
Location:
Washington District of Columbia, United States ISBN: 030904653X
Media Type: Print
Features: Figures
(1)
; References
(16)
; Tables
(3)
TRT Terms: Old TRIS Terms: Subject Areas: Aviation; Economics; Highways; Society
Files: TRIS, TRB
Created Date: Sep 30 1988 12:00AM
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