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A study on the economic impact of the 2001 Madeira airport enlargement
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Authors
Advisor(s)
Abstract(s)
O alargamento do Aeroporto da Madeira em 2001
supunha-se catalisador da procura turística e capaz
de reconverter o turismo madeirense e, assim, reforçar
a dinâmica de desenvolvimento regional. Sete anos
volvidos, importa avaliar os seus impactos, mormente
no que respeita à criação de novas rotas turísticas
e desenvolvimento da procura. Baseados em dados
estimámos o impacto do alargamento em termos de
procura e PIB. Os resultados mostram um crescimento
moderado a partir de 2001, mas é de admitir que,
sem ele, ter-se-ia assistido a um desempenho menos
favorável. A metodologia proposta constitui, contudo,
um ponto de partida na abordagem à problemática
dos transportes em geral e da oferta de transporte
aéreo no contexto do desenvolvimento regional em
particular.
The expansion works at the Madeira Airport in 2001 were expected to foster tourist demand and to structurally change the tourism industry in Madeira, thereby reinforcing the dynamics of regional development. Seven years on, it is now important to assess the various areas where it impacted, namely with regards to the creation of new tourist destinations and the expansion of demand. Using data on passengers’ travels and tourism demand, and making estimated the impact of the expansion both in terms of demand and GDP. The results show a decreasing rate of growth from 2001 on, although a concession must be made to allow for the fact that, without the expansion, a not so favourable result might have emerged. The proposed methodology is, however, a starting point for the approach to the transport sector in general and the supply of air transport within the context of regional development in particular.
The expansion works at the Madeira Airport in 2001 were expected to foster tourist demand and to structurally change the tourism industry in Madeira, thereby reinforcing the dynamics of regional development. Seven years on, it is now important to assess the various areas where it impacted, namely with regards to the creation of new tourist destinations and the expansion of demand. Using data on passengers’ travels and tourism demand, and making estimated the impact of the expansion both in terms of demand and GDP. The results show a decreasing rate of growth from 2001 on, although a concession must be made to allow for the fact that, without the expansion, a not so favourable result might have emerged. The proposed methodology is, however, a starting point for the approach to the transport sector in general and the supply of air transport within the context of regional development in particular.
Description
Keywords
Madeira airport enlargement 2001 Economic impact . Faculdade de Ciências Sociais
Citation
Almeida, A., & Barros, V. (2008). A study on the economic impact of the 2001 Madeira airport enlargement. Revista Portuguesa de Estudos Regionais, (19), 89-110.
Publisher
Associação Portuguesa para o Desenvolvimento Regional