Título:
Long-run relationship between economic growth and passenger air transport in Mexico
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Autor:
Brida, Gabriel
Lanzilotta, Bibiana
Brindis, Martín
Rodríguez-Collazo, Silvia
Lanzilotta, Bibiana
Brindis, Martín
Rodríguez-Collazo, Silvia
Tutor:
Tipo de documento:
Documento de trabajo
Editor:
Palabras clave:
Air transport and growth
Nonlinear co-integration
Non-parametric causality tests
Mexico
Nonlinear co-integration
Non-parametric causality tests
Mexico
Descriptores:
Año de publicación:
2014
Contenido:
Resumen:
Air transport is a strategic factor that can play a key role in facilitating
economic development, particularly in developing countries and in enhancing
long-term economic growth. Conversely, the economic growth of a country can
also have significant effects on air transport expansion.
This paper analyzes the dynamic relationship between Mexican air transport
(from the perspective of passengers’ movement) and economic growth. By
applying nonlinear techniques, we explore whether air transport leads -on the
long run- to economic growth, or, alternatively, economic expansion drives air
transport growth, or indeed a bi-directional relationship exists between the
two variables. To this end, non-parametric cointegration and non-parametric
causality test are applied to quarterly data of GDP and air passengers in
Mexico for the period 1995-2013. Our results show that we cannot reject the
existence of a linearity relationship between air transport and economic
growth. The nonparametric causality tests, confirm bidirectional causality
between transport and growth. Finally, the paper compares the results of the
nonlinear approach with those obtained by using the traditional linear
methodology.
Descripción:
Editorial:
Udelar. FCEA-IESTA
EN:
Serie DT (14 /04);
Financiadores:
Citación:
Brida, G, Lanzilotta, B, Brindis, M y otros. Long-run relationship between economic growth and passenger air transport in Mexico [en línea]. Montevideo : Udelar. FCEA-IESTA, 2014
Citación:
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Documento del Gobiberno:
URI:
http://hdl.handle.net/20.500.12008/10539
ISBN:
e-ISBN:
ISSN:
1688-6453
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Licencia:
Licencia Creative Commons Atribución – No Comercial – Sin Derivadas (CC BY-NC-ND 4.0)
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| Ficheros | Descripción | Tamaño | Formato | ||
|---|---|---|---|---|---|
| ddt_04_20141.pdf | — | 274.55 KB | Adobe PDF |