Air Traffic and Economic Output: Projections for ASEAN
Volume 3, Issue 3 DEWANSH RAHEJA, R. GUO, S. M. PHYOE, Y. X. LEE, Z. W. ZHONG
Published online: 22 June 2017
Article Views: 25
Abstract
The transportation sector is significant for development purpose. Over the past decade, there has been a considerable growth in passenger traffic,which has in turn uplifted the aircraft movements across destinations. Our study aims to analyze the growth in aircraft movements across top five country pairs in the ASEAN region. The literature review indicated that gross domestic product plays a significant role in determining the air traffic. Hence,a simple econometric model using real GDP, modified to include time dummies, was used to forecast the air traffic across chosen origin-destination country pairs. The results of the study supported the increasing aircraft movements and the positive effect of economic output on air traffic. The forecasts in this paper can be helpful in long-term airway capacity planning,while simulation and modeling offer an understanding of flight movements across countries in ASEAN.
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To Cite this article
Raheja, D., Guo, R., Phyoe, S. M., Lee, Y. X., & Zhong, Z. W. (2017). Air traffic and economic output: Projections for ASEAN. International Journal of Business and Administrative Studies, 3(3), 92-99.
