{"title":"Reconsidering airport economic impact assessments: A bottom-up comparative analysis of Belgian airports","authors":"Jolien Pauwels , Sven Buyle , Wouter Dewulf , Bart Jourquin","doi":"10.1016/j.jairtraman.2025.102854","DOIUrl":null,"url":null,"abstract":"<div><div>This study analyses and compares the economic impact of Belgium's five commercial airports on their region and country. The airports represent different types, including Belgium's main airport, Brussels Airport and four regional airports: a low-cost regional airport (Brussels South Charleroi Airport), a specialised cargo regional airport (Liège Airport), and two small regional airports (Antwerp Airport and Ostend-Bruges Airport). The economic impact is measured through input-output analysis, which assesses added value and employment on a direct, indirect, and induced level. To improve accuracy, we employ a bottom-up approach that links company-level employment and added value data to the input-output framework via NACE classifications. Additionally, a Monte Carlo sensitivity analysis is introduced to strengthen the robustness of our findings.</div><div>Our results demonstrate significant differences in the airports' economic contributions based on airport size and operational focus, with Liège Airport's cargo specialisation generating a particularly strong regional impact. These findings lead to a broader discussion on airport subsidies based on the economic impact. Beyond the Belgian context, our bottom-up approach provides a replicable framework for more precise airport impact assessments.</div></div>","PeriodicalId":14925,"journal":{"name":"Journal of Air Transport Management","volume":"128 ","pages":"Article 102854"},"PeriodicalIF":3.9000,"publicationDate":"2025-07-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Journal of Air Transport Management","FirstCategoryId":"5","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S0969699725001176","RegionNum":2,"RegionCategory":"工程技术","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q2","JCRName":"TRANSPORTATION","Score":null,"Total":0}
引用次数: 0
Abstract
This study analyses and compares the economic impact of Belgium's five commercial airports on their region and country. The airports represent different types, including Belgium's main airport, Brussels Airport and four regional airports: a low-cost regional airport (Brussels South Charleroi Airport), a specialised cargo regional airport (Liège Airport), and two small regional airports (Antwerp Airport and Ostend-Bruges Airport). The economic impact is measured through input-output analysis, which assesses added value and employment on a direct, indirect, and induced level. To improve accuracy, we employ a bottom-up approach that links company-level employment and added value data to the input-output framework via NACE classifications. Additionally, a Monte Carlo sensitivity analysis is introduced to strengthen the robustness of our findings.
Our results demonstrate significant differences in the airports' economic contributions based on airport size and operational focus, with Liège Airport's cargo specialisation generating a particularly strong regional impact. These findings lead to a broader discussion on airport subsidies based on the economic impact. Beyond the Belgian context, our bottom-up approach provides a replicable framework for more precise airport impact assessments.
期刊介绍:
The Journal of Air Transport Management (JATM) sets out to address, through high quality research articles and authoritative commentary, the major economic, management and policy issues facing the air transport industry today. It offers practitioners and academics an international and dynamic forum for analysis and discussion of these issues, linking research and practice and stimulating interaction between the two. The refereed papers in the journal cover all the major sectors of the industry (airlines, airports, air traffic management) as well as related areas such as tourism management and logistics. Papers are blind reviewed, normally by two referees, chosen for their specialist knowledge. The journal provides independent, original and rigorous analysis in the areas of: • Policy, regulation and law • Strategy • Operations • Marketing • Economics and finance • Sustainability