Scipediacontent: Scipediacontent moved page Draft Content 981870028 to Kucukonal Sedefoglu 2017a

2021-02-03T15:24:38Z

Scipediacontent moved page Draft Content 981870028 to Kucukonal Sedefoglu 2017a

Scipediacontent: Created page with " == Abstract == transport is one of the most important industries in the world with its rapid growth, and direct and indirect contribution to world economy. In other words,..."

2021-02-03T15:24:36Z

Created page with " == Abstract == transport is one of the most important industries in the world with its rapid growth, and direct and indirect contribution to world economy. In other words,..."

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== Abstract ==

transport is one of the most important industries in the world with its rapid growth, and direct and indirect contribution to world economy. In other words, GDP, tourism and employment are the key factors causing that growth in air transport and an increase in those factors boost the demand for air transport. However, uncertainty in economy, rising unemployment and increased terrorist attacks towards tourism would be a big threat to the growth of air transport in the future. To understand the importance of the mentioned factors, we first aim to apply an econometric approach which is panel Granger causality analysis. To achieve that, data from World Bank data set for OECD countries between the year of 2000 and 2013 is used in this study. We apply Pesaran CDLM test and Friedman’s test which are preferred when the number of units (N) is higher than the time (T) to test cross-sectional dependence and we then perform Granger causality analysis in order to see whether there is a causal relationship (unidirectional or bidirectional) or not among air transport, tourism, economic growth and employment. Econometric results indicate that there is a unidirectional short run causal relationship between economic growth, tourism, employment and air transport and that those factors play an important role in the growth of air transport. In this paper, we also aim to discuss the future challenges for air transport within the frame of econometric results and statistical analysis. Publisher version

== Original document ==

The different versions of the original document can be found in:

* [https://doi.org/10.1016/j.trpro.2017.12.164 https://doi.org/10.1016/j.trpro.2017.12.164] under the license cc-by-nc-nd

* [http://hdl.handle.net/10679/5775 http://hdl.handle.net/10679/5775],
: [https://www.sciencedirect.com/science/article/pii/S2352146517310840 https://www.sciencedirect.com/science/article/pii/S2352146517310840]

* [https://api.elsevier.com/content/article/PII:S2352146517310840?httpAccept=text/xml https://api.elsevier.com/content/article/PII:S2352146517310840?httpAccept=text/xml],
: [https://api.elsevier.com/content/article/PII:S2352146517310840?httpAccept=text/plain https://api.elsevier.com/content/article/PII:S2352146517310840?httpAccept=text/plain],
: [http://dx.doi.org/10.1016/j.trpro.2017.12.164 http://dx.doi.org/10.1016/j.trpro.2017.12.164] under the license https://www.elsevier.com/tdm/userlicense/1.0/

* [https://www.sciencedirect.com/science/article/pii/S2352146517310840 https://www.sciencedirect.com/science/article/pii/S2352146517310840],
: [https://eresearch.ozyegin.edu.tr/xmlui/handle/10679/5775 https://eresearch.ozyegin.edu.tr/xmlui/handle/10679/5775],
: [https://core.ac.uk/display/154279296 https://core.ac.uk/display/154279296],
: [https://academic.microsoft.com/#/detail/2785868276 https://academic.microsoft.com/#/detail/2785868276]

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Kucukonal Sedefoglu 2017a - Revision history

Scipediacontent: Scipediacontent moved page Draft Content 981870028 to Kucukonal Sedefoglu 2017a

Scipediacontent: Created page with " == Abstract == transport is one of the most important industries in the world with its rapid growth, and direct and indirect contribution to world economy. In other words,..."