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AIR-TRANSPORT AND MACROECONOMIC PERFORMANCE IN ASIAN COUNTRIES: An Analysis

Bilal MEHMOOD, Muhammad ALEEM

2010enair transportmacroeconomicperformanceAsiaeconomics

Abstract

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This research investigates the role of air transport in the macroeconomic performance of Asian countries from 1970 to 2014. The objective was to analyze the contribution of air transport to economic growth using various econometric techniques, including Pesaran Cross-Sectional Dependence Test, Cross-Sectional Augmented IPS, Mean Group (MG), Common Correlated Effect Mean Group (CCEMG), Augmented Mean Group (AMG), and Panel Granger Causality. The methodology involved empirical testing of the relationship between air transport and macroeconomic outcomes across sampled countries. Results confirm that air transport significantly influences economic growth, and a feedback effect from macroeconomic performance to air transport is also evident. Given these findings, it is recommended that the air transport sector receive formal incentives to enhance its macroeconomic contributions to growth.

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Cite This Work

@article{32aabb99-7d8a-42ed-9e7f-98d20cf9a4df,
  title={AIR-TRANSPORT AND MACROECONOMIC PERFORMANCE IN ASIAN COUNTRIES: An Analysis},
  author={Bilal MEHMOOD and Muhammad ALEEM},
  year={2010},
  language={en}
}
TY  - JOUR
TI  - AIR-TRANSPORT AND MACROECONOMIC PERFORMANCE IN ASIAN COUNTRIES: An Analysis
AU  - Bilal MEHMOOD
AU  - Muhammad ALEEM
PY  - 2010
LA  - en
ER  -

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