Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
6780188 | Transportation Research Part A: Policy and Practice | 2018 | 11 Pages |
Abstract
This paper presents a comprehensive gravity model in which the most important determinants for air travel demand have been identified using a two-stage least squares technique. Besides including the standard demand factors like GDP, population and tourism, the effects of other determinants such as domestic traffic, low-cost carrier (LCC) activity and public service obligations are also estimated. The profound contribution of the paper lies in the inclusion of two innovative variables in the estimations: ethnic links and aviation-dependent employment. The econometric results show that both ethnic links between countries and the share of aviation-dependent employment increase passenger demand. Moreover, the results confirm that LCC presence leads to a significant increase in passenger demand, particularly on routes where Europe's largest LCCs, Ryanair and easyJet, are active.
Keywords
Related Topics
Physical Sciences and Engineering
Engineering
Civil and Structural Engineering
Authors
Thijs Boonekamp, Joost Zuidberg, Guillaume Burghouwt,