Air accessibility and growth – The economic effects of a capacity expansion at Vienna International Airport

Air Passenger Transport and Regional Development: Cause and Effect in Europe

“…The overlap between catchment areas and NUTS2-regions is complex, and may include the following possibilities: 1) Some catchment areas are larger than the proposed NUTS2-regions. For example, the actual catchment area of Vienna International Airport in Austria also covers parts of Western Slovakia and Hungary, and Southern Czech Republic [51]. 2) NUTS2-regions without an airport are not included in our analysis, although they might be influenced by airports located in adjacent NUTS2-regions.…”

Anytime? Anywhere? The seasonality of flight offers in Central Europe

“…The number of flights offered by Prague and Warsaw is approximately 10 thousand per year. All three airports can be considered major international hubs with a wide offer of flights and available final destinations, and they are primarily served by major airlines (Sellner and Nagl, 2010). From the group of analysed airports, Salzburg and Frankfurt-Hahn can be classified as mid-size, with 1,800 and 900 departures per year, respectively.…”

Air connectivity and foreign direct investments: economic effects of the introduction of new routes

“…Whereas most studies have shown that air accessibility has a significant impact on gross domestic product, employment levels, regional inequalities and investment growth, see for example [29,18], only some have addressed the correlation between air connectivity and foreign investments (Table 1).…”

“…Many authors have analyzed the impact of air connection on local economic development and some of them have demonstrated that the opposite causal relationship is less common [10]. For example Sellner and Nagl [29] estimated a seemingly unrelated regression to control for circular causality between air accessibility and GDP and investment growth while Button et al [8] utilized a Granger causality test. In particular, as concerns FDI, Bel and Fageda [4], by employing a simultaneous equation system, proved that the causality is clearly from the air transport supply to the decision to locate foreign headquarters.…”

“…Past studies have unanimously demonstrated that the geography of FDIs is related to the desire of large multinational companies to access primary international airports [9]. Although the internationalization process has begun to include a growing number of Small and Medium Enterprises (SMEs), literature traditionally has focused on larger multinational firms located in global cities [4,29]. To our knowledge, no study has yet analyzed the impact of the airline network on FDI decisions by SMEs in secondary cities, by considering the effect of the introduction of specific routes.…”