Air passengers during the economic crisis: The Spanish case

Marcén, Miriam and Morales, Marina (2018): Air passengers during the economic crisis: The Spanish case.

Abstract

This paper examines whether there is a relationship between the recent economic and financial crisis and air passengers in Spain. Static and dynamic models are estimated using data for the period 2004-2016. Initially, no relationship can be discerned between the variables; however, the estimates also show a possible dynamic relationship between the economic crisis and the number of passengers using Spanish airports, depending on the proportion of low-cost airlines at each airport.

• Item Type: MPRA Paper
• Language: Spanish
• Keywords: Economic crisis, Air passengers, Low-cost airlines
• Subjects: L - Industrial Organization > L8 - Industry Studies: Services > L83 - Sports ; Gambling ; Restaurants ; Recreation ; Tourism; L - Industrial Organization > L9 - Industry Studies: Transportation and Utilities > L93 - Air Transportation

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