Open Access Journal Article

Advanced Air Mobility, Economic Impacts, and Equity Considerations

by Robert M. McNab a,* orcid
a
Department of Economics, Strome College of Business, Old Dominion University, Norfolk, Virginia, USA
*
Author to whom correspondence should be addressed.
JEA  2024 3(2):61; https://doi.org/10.58567/jea03020009
Received: 27 July 2023 / Accepted: 31 August 2023 / Published Online: 15 June 2024
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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.

Keywords: Air mobility; transport; economic impact; equity; unmanned systems;
Copyright: © 2024 by McNab. This is an open-access article distributed under the terms of the Creative Commons Attribution License (CC BY) (Creative Commons Attribution 4.0 International License). The use, distribution or reproduction in other forums is permitted, provided the original author(s) or licensor are credited and that the original publication in this journal is cited, in accordance with accepted academic practice. No use, distribution or reproduction is permitted which does not comply with these terms.

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ACS Style
McNab, R. M. Advanced Air Mobility, Economic Impacts, and Equity Considerations. Journal of Economic Analysis, 2024, 3, 61. https://doi.org/10.58567/jea03020009
AMA Style
McNab R M. Advanced Air Mobility, Economic Impacts, and Equity Considerations. Journal of Economic Analysis; 2024, 3(2):61. https://doi.org/10.58567/jea03020009
Chicago/Turabian Style
McNab, Robert M. 2024. "Advanced Air Mobility, Economic Impacts, and Equity Considerations" Journal of Economic Analysis 3, no.2:61. https://doi.org/10.58567/jea03020009
APA style
McNab, R. M. (2024). Advanced Air Mobility, Economic Impacts, and Equity Considerations. Journal of Economic Analysis, 3(2), 61. https://doi.org/10.58567/jea03020009

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