How do ferry stations contribute to the economic development of coastal communities?
Best insight from top research papers
Ferry stations play a crucial role in the economic development of coastal communities by enhancing connectivity and accessibility, thereby stimulating socio-economic growth. Studies show that improved ferry services positively impact users' willingness to pay for quality attributes like frequency and operating hours . Empowerment initiatives in coastal communities aim to enhance skills and income levels, ultimately boosting economic activities and commodity trading . Additionally, inclusive development strategies, such as promoting environmental quality and women empowerment, through village head elections, contribute to the welfare and prosperity of coastal communities . Furthermore, active participatory empowerment programs focusing on entrepreneurship and MSME development help increase economic independence in coastal areas . Overall, ferry stations act as catalysts for economic progress in coastal regions by facilitating better access, skill enhancement, and inclusive development initiatives.
Answers from top 5 papers
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| Papers (5) | Insight |
|---|---|
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04 Jan 2021 | Not addressed in the paper. |
| Ferry stations enhance economic development in coastal communities by improving accessibility, facilitating trade, and boosting economic activities, aligning with the goal of empowering coastal communities through enhanced skills and income. | |
17 Citations | Ferry stations contribute to economic development in coastal communities by providing valued quality attributes like increased operating days and reduced headways, positively impacting users' welfare and prosperity. |
1 Citations | Ferry stations enhance economic growth in coastal communities by improving accessibility, boosting property prices, increasing employment opportunities, and attracting development interest, as observed in the NYC ferry service case. |
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