An Economic Impact of Development Project: Case of Phuket International Airport in Thailand

durongkaveroj, wannaphong (2013): An Economic Impact of Development Project: Case of Phuket International Airport in Thailand.

Abstract

The purpose of this study was to estimate the total economic impact of development project of Phuket International Airport (Thailand) using Input-Output Multiplier. The result revealed that the positive economic impact borne to Phuket province was about 32 billion baht or almost 120 percent increasing from initial impact of 15 billion baht. Also, total economic impact to AOT was around 3.6 billion baht or 99 percent increasing from initial impact of 1.8 billion baht. Development project of Phuket International Airport was thus worthwhile to do so as to improve our facilities for being able to fit a higher demand in tourism industry in the near future. From economic integration like AEC, we should take this advantages by developing our infrastructures or facilities to match with greater interdependence.

• Item Type: MPRA Paper
• Language: English
• Keywords: economic analysis, input output multiplier, economic impact, development project
• Subjects: L - Industrial Organization > L9 - Industry Studies: Transportation and Utilities; L - Industrial Organization > L9 - Industry Studies: Transportation and Utilities > L93 - Air Transportation; O - Economic Development, Innovation, Technological Change, and Growth > O1 - Economic Development > O18 - Urban, Rural, Regional, and Transportation Analysis ; Housing ; Infrastructure; O - Economic Development, Innovation, Technological Change, and Growth > O5 - Economywide Country Studies > O50 - General; R - Urban, Rural, Regional, Real Estate, and Transportation Economics > R4 - Transportation Economics > R40 - General

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