Domestic air passenger traffic and economic growth in China: Evidence from heterogeneous panel models

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成果类型：

期刊论文

作者：

Hu, Yi;Xiao, Jin;Deng, Ying;Xiao, Yi;Wang, Shouyang*

通讯作者：

Wang, Shouyang

作者机构：

[Hu, Yi] Univ Chinese Acad Sci, Sch Management, Beijing 100190, Peoples R China.

[Xiao, Jin] Sichuan Univ, Sch Business, Chengdu 610064, Peoples R China.

[Deng, Ying] Univ Int Business & Econ, Sch Int Trade & Econ, Beijing 100029, Peoples R China.

[Xiao, Yi] Cent China Normal Univ, Sch Informat Management, Wuhan 430079, Peoples R China.

[Wang, Shouyang] Chinese Acad Sci, Acad Math & Syst Sci, Beijing 100190, Peoples R China.

通讯机构：

[Wang, Shouyang] C

Chinese Acad Sci, Acad Math & Syst Sci, 55 Zhongguancun East Rd, Beijing 100190, Peoples R China.

语种：

英文

关键词：

Air passenger traffic;Economic growth;Heterogeneous panels;Panel Granger causality

期刊：

Journal of Air Transport Management

ISSN：

0969-6997

年：

2015

卷：

页码：

95-100

DOI：

10.1016/j.jairtraman.2014.09.003

机构署名：

本校为其他机构

院系归属：

信息管理学院

摘要：

This paper applies recent panel methodology to examine the short-run dynamics, the long-run equilibrium relationships and the Granger causal relationship between economic growth and domestic air passenger traffic. It is based on the quarterly panel data of 29 provinces in China from the period of 2006Q1 to 2012Q3. Tests for panel unit roots, cointegration in heterogeneous panels and panel causality are employed in a bi-variate panel vector error correction model (PVECM), which is estimated by the system generalized moment method (SYS-GMM). The results show evidence of a long-run equilibrium re...

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Domestic air passenger traffic and economic growth in China: Evidence from heterogeneous panel models

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