A New Look at the Relationship Between Aviation Demand and Economic Growth: Structural Model Estimation for the Case of Turkey
Yazarlar (2)
Doç. Dr. Nisa Seçilmiş Türkiye
Doç. Dr. Hüseyin Levent KORAP Kastamonu Üniversitesi, Türkiye
| Makale Türü | Özgün Makale (MLA dergilerinde yayınlanan tam makale) | ||
| Dergi Adı | The Journal of International Social Research | ||
| Dergi ISSN | 1307-9581 | ||
| Dergi Tarandığı Indeksler | EBSCO, MLA, Proquest CSA, Index Copernicus, EuroPub Database, Index Islamicus, SOBIAD | ||
| Makale Dili | İngilizce | Basım Tarihi | 01-2017 |
| Cilt / Sayı / Sayfa | 10 / 49 / 661–667 | DOI | – |
| Makale Linki | https://www.sosyalarastirmalar.com/archive/jisr-volume-10-issue-49-year-2017.html | ||
| UAK Araştırma Alanları |
Enflasyon
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| Özet |
| This study aims to consider the relationship between aviation demand and economic growth in an empirical way. For this purpose, the Turkish data are used in light of the advances in time series estimation techniques. The results reveal that cointegration between the variables cannot be rejected. Aviation demand is found like a luxury good and economic growth tend to act as a constraint on demand conditions. Further, a positive real income shock in a structural vector error correction framework leads nearly one-to-one significant response in aviation demand. The forecast error variance decomposition findings give support to these results. |
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