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Economic Effects of Short-Term Close for Small Airports in China — Case Study on Weihai International Airport

Economic effects of short-term close for small airports include direct economic losses and indirect economic losses. The indirect economic losses can be calculated by the input-output method in term of the economic effect of short-term close on revelant regions and industries. The direct economic losses comes mainly from airport agencies and can be obtained in accordance with Civil Airport Charge Reform Scheme (2007). The Weihai International Airport of China is a study case chosen to estimate the economic effects of short-term close. The results demonstrate that the direct economic loss of short-term close is 93,048,915¥ and the indirect economic loss of short-term close is more than 30,000,000¥. Pulling effects of the airport have significant influence on energy source industry, manufacturing industry, air transportation, etc. Promoting effects of the airport have enormous effect on postal industry, air transportation, etc.