Air traffic and economic growth: the case of developing countries

Abstract : This paper investigates the relationship between air traffic and economic growth in various developing regions and compares it with an “enduring industry fact” of an elasticity around 2 for the developed world. The analysis is conducted from two distinct databases, both with regional aggregates and with country-level ECM estimations. We conclude that there does not seem to be substantial differences in elasticities across the various regions and we show that the introduction of autonomous country-specific time trends leads to a substantial reduction of elasticity estimates.
Type de document :
Pré-publication, Document de travail
G-MonD Working Paper n°46. 2016
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https://halshs.archives-ouvertes.fr/halshs-01332085
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Soumis le : mercredi 15 juin 2016 - 11:09:10
Dernière modification le : lundi 2 octobre 2017 - 14:36:01

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WP46-GmonD-air-traffic-june201...
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  • HAL Id : halshs-01332085, version 1

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François Bourguignon, Pierre-Emmanuel Darpeix. Air traffic and economic growth: the case of developing countries . G-MonD Working Paper n°46. 2016. 〈halshs-01332085〉

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