Evolution of the Airport Industry and Regional Growth in the Pacific Alliance Member Countries

IF 3.9 2区 工程技术 Q2 TRANSPORTATION
Wolfgang Dupeyrat Luque, Chunyan Yu
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引用次数: 0

Abstract

This study examines the relationship between airports and regional economic growth, and explores the extent to which airport privatization and commercialization have influenced air traffic growth within Pacific Alliance countries. Utilizing a comprehensive dataset comprising 86 airports across Chile, Colombia, Mexico, and Peru from 2006 to 2019, we employed Granger causality tests, Vector Autoregression (VAR), and Instrumental Variables (IV) with Two-Stage Least Squares (2SLS) models. Our findings reveal that privatization and commercialization significantly enhance airport traffic, which, in turn, promotes regional economic growth. Furthermore, we identified a bidirectional causal relationship between airport traffic and economic growth in Colombia, Mexico, and Peru. However, no evidence of such causality was observed in Chile.
太平洋联盟成员国机场产业演变与区域增长
本研究考察机场与区域经济增长之间的关系,并探讨机场私有化和商业化对太平洋联盟国家空中交通增长的影响程度。利用2006年至2019年智利、哥伦比亚、墨西哥和秘鲁86个机场的综合数据集,我们采用格兰杰因果检验、向量自回归(VAR)和工具变量(IV)与两阶段最小二乘法(2SLS)模型。研究发现,机场民营化与商业化显著提升机场客流量,进而促进区域经济增长。此外,我们确定了哥伦比亚、墨西哥和秘鲁机场交通与经济增长之间的双向因果关系。然而,在智利没有观察到这种因果关系的证据。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
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来源期刊
CiteScore
12.40
自引率
11.70%
发文量
97
期刊介绍: The Journal of Air Transport Management (JATM) sets out to address, through high quality research articles and authoritative commentary, the major economic, management and policy issues facing the air transport industry today. It offers practitioners and academics an international and dynamic forum for analysis and discussion of these issues, linking research and practice and stimulating interaction between the two. The refereed papers in the journal cover all the major sectors of the industry (airlines, airports, air traffic management) as well as related areas such as tourism management and logistics. Papers are blind reviewed, normally by two referees, chosen for their specialist knowledge. The journal provides independent, original and rigorous analysis in the areas of: • Policy, regulation and law • Strategy • Operations • Marketing • Economics and finance • Sustainability
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