{"title":"油价波动会影响航空旅行需求吗?韩国和日本的对称和不对称见解","authors":"Jungho Baek , Soojoong Nam","doi":"10.1016/j.jairtraman.2025.102856","DOIUrl":null,"url":null,"abstract":"<div><div>This article investigates how fluctuations in oil prices influence air travel demand in Korea and Japan, considering short- and long-term impacts. Using both ARDL and NARDL models, the study reveals that oil prices significantly influence air travel demand, with asymmetrical impacts more pronounced in Korea than in Japan. While both countries show short-term sensitivity to oil prices, Korea also experiences long-term effects. Economic growth and exchange rates are also critical factors affecting air travel demand. These findings suggest tailored policy approaches for Korea and Japan to enhance the resilience of their aviation sectors in response to oil price changes.</div></div>","PeriodicalId":14925,"journal":{"name":"Journal of Air Transport Management","volume":"128 ","pages":"Article 102856"},"PeriodicalIF":3.6000,"publicationDate":"2025-07-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":"{\"title\":\"Do oil price fluctuations influence air travel Demand? Symmetric and asymmetric insights from Korea and Japan\",\"authors\":\"Jungho Baek , Soojoong Nam\",\"doi\":\"10.1016/j.jairtraman.2025.102856\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"<div><div>This article investigates how fluctuations in oil prices influence air travel demand in Korea and Japan, considering short- and long-term impacts. Using both ARDL and NARDL models, the study reveals that oil prices significantly influence air travel demand, with asymmetrical impacts more pronounced in Korea than in Japan. While both countries show short-term sensitivity to oil prices, Korea also experiences long-term effects. Economic growth and exchange rates are also critical factors affecting air travel demand. These findings suggest tailored policy approaches for Korea and Japan to enhance the resilience of their aviation sectors in response to oil price changes.</div></div>\",\"PeriodicalId\":14925,\"journal\":{\"name\":\"Journal of Air Transport Management\",\"volume\":\"128 \",\"pages\":\"Article 102856\"},\"PeriodicalIF\":3.6000,\"publicationDate\":\"2025-07-07\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Journal of Air Transport Management\",\"FirstCategoryId\":\"5\",\"ListUrlMain\":\"https://www.sciencedirect.com/science/article/pii/S096969972500119X\",\"RegionNum\":2,\"RegionCategory\":\"工程技术\",\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"Q2\",\"JCRName\":\"TRANSPORTATION\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Journal of Air Transport Management","FirstCategoryId":"5","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S096969972500119X","RegionNum":2,"RegionCategory":"工程技术","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q2","JCRName":"TRANSPORTATION","Score":null,"Total":0}
Do oil price fluctuations influence air travel Demand? Symmetric and asymmetric insights from Korea and Japan
This article investigates how fluctuations in oil prices influence air travel demand in Korea and Japan, considering short- and long-term impacts. Using both ARDL and NARDL models, the study reveals that oil prices significantly influence air travel demand, with asymmetrical impacts more pronounced in Korea than in Japan. While both countries show short-term sensitivity to oil prices, Korea also experiences long-term effects. Economic growth and exchange rates are also critical factors affecting air travel demand. These findings suggest tailored policy approaches for Korea and Japan to enhance the resilience of their aviation sectors in response to oil price changes.
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