TITLE:
An Economic Study of the US Post-9/11 Aviation Security
AUTHORS:
James Ford, Ardeshir Faghri, Dian Yuan, Saumabha Gayen
KEYWORDS:
Aviation Security, Post 9/11 Security, Economic Efficiency, Cost Breakdown
JOURNAL NAME:
Open Journal of Business and Management,
Vol.8 No.5,
August
7,
2020
ABSTRACT: The Aviation Security world changed drastically following the terrorist
attacks of September 11th, 2001. In this paper we look at 1) the changes that
occurred to the aviation security sector and 2) how the United States aviation
security compares to other parts of the world. Currently the United States has
the most expensive aviation security infrastructure in the world. The main
motivation of this topic was to find out why the United States was spending so
much and assessing whether its aviation security sector was economically
efficient. In this paper the authors provide the history of aviation security
and the changes that took place post 9/11. A cost breakdown is presented and
whether the amount of money being spent is worth the benefits received is
discussed. This study also compares the United States’ aviation security to
that of Europe and Canada. These comparisons analyze how the total expenditure
for the U.S. Transportation Security Administration (TSA) is similar/dissimilar
to the aviation security expenditures in Europe and Canada. Recommendations for
future budgets and tax revenues are also made. Overall, it is concluded that
the amount of TSA’s spending on aviation security is justified.