4.5 Article

Air cargo expansion and economic growth: Finding the empirical link

Journal

JOURNAL OF AIR TRANSPORT MANAGEMENT
Volume 15, Issue 5, Pages 264-265

Publisher

ELSEVIER SCI LTD
DOI: 10.1016/j.jairtraman.2008.09.016

Keywords

Granger causality; Air cargo; Economic growth; Taiwan

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This paper applies Granger causality tests to examine the causal relationship between air cargo expansion and economic growth in Taiwan for the period 1974-2006. The results of cointegration tests show a long-run equilibrium and bi-directional relationship between air cargo expansion and economic growth in the case of Taiwan. (C) 2008 Elsevier Ltd. All rights reserved.

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