
Direct Economic Impact Analysis of the World’s Top Five Busiest Airports in 2018
Author(s) -
Sundaram Nataraja,
Robert L. Peterson
Publication year - 2019
Publication title -
international journal of business administration
Language(s) - English
Resource type - Journals
eISSN - 1923-4015
pISSN - 1923-4007
DOI - 10.5430/ijba.v10n6p22
Subject(s) - international airport , beijing , china , atlanta , economic impact analysis , business , capital city , service (business) , geography , economic growth , marketing , economics , economic geography , metropolitan area , cartography , archaeology , microeconomics
The purpose of this study is to analyze the direct economic impacts of the world’s top five busiest airports in 2018 as they contribute to the economic well-being of the larger communities they serve. This study uses a descriptive case-study methodology since the direct economic impacts of the world’s top five busiest airports are going to be studied in a case-by-case with an intention of reporting the research findings that are not related to specific variables. Amongst the 17,678 commercial service airports in the world, Hartsfield-Jackson Atlanta International Airport (USA), Beijing Capital International Airport (Peoples Republic of China), Dubai International Airport (United Arab Emirates), Los Angeles International Airport (USA), and Tokyo Haneda International Airport (Japan) have been ranked respectively as the top five busiest airports in the world on the basis of passenger volume handled in 2018. The research findings indicate that these airports have tremendously benefited their respective communities in terms of employment generation, income generation, and total direct economic impacts. These airports have generated a total of $181.4 billion worth of direct economic benefits to their respective communities and regions.