Advanced Air Mobility, Economic Impacts, and Equity Considerations

Authors

  • Robert M. McNab Department of Economics, Strome College of Business, Old Dominion University, Norfolk, Virginia, USA https://orcid.org/0000-0002-0093-3973

DOI:

https://doi.org/10.58567/jea03020009

Keywords:

Air mobility; transport; economic impact; equity; unmanned systems

Abstract

Advanced Air Mobility (AAM) may, in the coming decades, result in tens of thousands of new jobs and billions of dollars in additional economic activity. While much of the discussion surrounding AAM focuses on the technical aspects of the nascent industry, estimates of the potential economic impact vary significantly. Much less attention has been paid in the literature to potential externalities, positive and negative, and how these externalities may impact estimates of economic impact. We argue that much work remains to be done before policy advisors and decisions makers can formulate and implement strategies based on the projections of future economic impact of AAM.

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2023-09-13

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McNab, R. M. . (2023). Advanced Air Mobility, Economic Impacts, and Equity Considerations. Journal of Economic Analysis, 3(2), 134–146. https://doi.org/10.58567/jea03020009

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