TY  - CHAP
AB  - Abstract During the last few decades, rising intra-regional volumes of trade as well as air passenger traffic have been key characteristics of Asia-Pacific’s economic development. Although conceptual and empirical linkages between rising levels of trade and air passenger flows are often assumed, relatively little is known about the potential causality in these parallels. In this chapter, we seek to empirically uncover this causality through the application of heterogeneous Time Series Cross Section Granger causality analysis for the period 1980–2010. Four scenarios are found amongst the different country-pairs: (1) there is no co-evolution, implying that both patterns develop independently (e.g. Japan–Australia); (2) there is ‘real’ co-evolution in that both patterns influence each other through feedback loops (e.g. South Korea–Philippines); (3) air passenger traffic is facilitated by trade (e.g., South Korea–Philippines); or (4) trade is facilitated by air passenger traffic (e.g. Australia–Malaysia). Some possible interpretations of this heterogeneity are discussed.
VL  - 4
SN  - 978-1-78350-639-2/2212-1609
DO  - 10.1108/S2212-160920140000004008
UR  - https://doi.org/10.1108/S2212-160920140000004008
AU  - Van De Vijver Elien
AU  - Derudder Ben
AU  - Witlox Frank
PY  - 2014
Y1  - 2014/01/01
TI  - An Assessment of the Causal Relationship between Air Passenger Traffic and Trade in Asia-Pacific
T2  - The Economics of International Airline Transport
T3  - Advances in Airline Economics
PB  - Emerald Group Publishing Limited
SP  - 235
EP  - 254
Y2  - 2024/04/18
ER  -