Direct economic impacts Sample Clauses

Direct economic impacts. Usually throughput metrics is the most common way to calculate the transport function that measures and brings how much growth for local economy of an airport. The throughput metrics contains passenger throughput and cargo throughput etc. But throughput metrics have a drawback that it will not give exact quantities of value, so it is not possible to get the exact value amount of economic impact directly through the throughput metrics. Besides, the direct economic impact and indirect economic impact should have same measurement standard and throughput metrics cannot meet these requirements. Throughput metrics cannot intuitively reflect the capacity of direct economic impacts, so it is not possible to add the direct economic impacts capacity and indirect economic impacts amount to get the total economic impact by using the throughput metrics. Nowadays using the “added value” seems to the most appropriate way of measure the direct economic impacts volume. The “added value” is the value differences between outputs and inputs during the operating and manufacturing process. Compared to throughput metrics, added value will reflect the economic impacts capacity in a more profound way. The activities which contribute to direct economic impact should be the airport ’s necessary economic activities. Additionally, those necessary economic activities could not exist alone without some government enterprises and institutions’ aid. Those government enterprises and institutions comprise the air transportation industry and created the added value. We can get the added value by calculating the value of each unit in government enterprises and institutions, and then the summation of each value will be the added value of airport’s economic activities. Using the added value measurement can intuitively reflect the total amount of airport’s economic impact. Nevertheless, measure the economic contribute of airport only by calculating the value quantity is not comprehensive. There are still many aspects which benefited from airport activity such as employment, the added value cannot meet the requirement of measuring the airport’s impact to employment. So measure the economic contribute of airport only by calculating the value quantity is not comprehensive, more indicators should be used to describe the economic impact of airport. These supplement indicators are: Employment figures The positive influence to local employment is one of important symbols in an airport’s economic impact...
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