WOS: 000456465200006
Emerging Sources Citation Index
The aim of this study was to empirically examine the development of air transport in Turkey in the period between 1980 and 2015. The study intended, within its scope, to determine the developments experienced in air transport in Turkey and the probable causes of the structural changes. Moreover, it was aimed at highlighting the years in which the structural changes in air transport were realized. In line with this objective, the one-break Zivot Anderews (1992) unit root test, the two-break Clemente-MontatiOs-Reyes (1998) unit root test, and the one-break and two-break LM were applied to the domestic and international air transport data of the 1980-2015 period. The results of the study show that there were substantial economic and political developments both at home and abroad in the years that the significant structural breaks that affect air transport took place.
Document type: Article
Abstract
WOS: 000456465200006
Emerging Sources Citation Index
The aim of this study was to empirically examine the development of air transport in Turkey in the period between 1980 and 2015. The study intended, within its scope, to determine the developments experienced in air transport [...]
In this paper we compare two types of models for forecasting Russia’s GDP under the structural breaks. We consider models that allow breaks in a deterministic trend, in which the dates of structural breaks set exogenously, and more flexible class of models – with a stochastic trend. We show that models with a stochastic trend demonstrate the best result in GDP growth rates forecasting for a year ahead. For shorter horizons, the best forecasting model is the error correction model with a break in the deterministic trend in the GDP level.
Abstract
In this paper we compare two types of models for forecasting Russia’s GDP under the structural breaks. We consider models that allow breaks in a deterministic trend, in which the dates of structural breaks set exogenously, and more flexible class of models – with a [...]
This review discusses methods of testing for a cointegration in a time series in the
presence of structural breaks. The review covers a large number of recently developed
testing methods based on both one equation and multiple equation frameworks. In addition,
various methods for estimating the dating of break dates and constructing of their confidence
intervals are presented. In addition, nonlinear cointegration methods with regime swithings
are considered
Abstract
This review discusses methods of testing for a cointegration in a time series in the
presence of structural breaks. The review covers a large number of recently developed
testing methods based on both one equation and multiple equation frameworks. In addition,
various [...]
Analysis of the Determinant Factors of the Historical Development of Air Transport: An Empirical Application to Turkey 