We analyze the conditions driving the organization of the territory near airports by studying the distribution of economic activities. We consider how commercial firms, service operators, and con- sumers compete for land. The theoretical setting iden- tifies an aerotropolis (airport city) as a land equilib- rium outcome characterized by the following spatial sequence: services area, commercial area, residential area. Using data on the distribution of establishments in the United States, we analyze the existence and determinants of aeropolitan configurations. Estima- tions performed with parametric methods detect some interesting dynamic patterns affecting the density and distribution of activities around selected U.S. airports.
|Journal||Land economics : a quarterly journal of planning, housing & public utilities|
|Publication status||Published - 2016|