Want Growth? Getting More Flights Might Help
Some years ago, I did some work on whether air traffic could predict population growth and job growth. The process of doing so is not as straightforward as it sounds, because something might simultaneously explain both air-traffic and growth, and so it is necessary to go through a complicated econometric procedure to purge any correlation of air traffic and growth of variables that might explain both. In the end, I found that air traffic matters a lot to population growth and job growth. I also think Jan Brueckner found similar results in his paper on the subject, as do Blonigen and Christea in their paper.
It is time to redo the exercise using newer data. I start with a scatterplot of boardings per capita in 2000 against population growth between 2000 and 2010 for the 50 largest Metropolitan areas.
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