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Persistence on airline accidents

Author

Listed:
  • Carlos P. Barros

    (Technical University of Lisbon)

  • Joao R. Faria

    (Nottingham Trent University)

  • Luis A. Gil-Alana

    (() Facultad de Ciencias Económicas y Empresariales, Universidad de Navarra)

Abstract

This paper analyses airline accidents data from 1927-2006. The fractional integration methodology is adopted. It is shown that airline accidents are persistent and (fractionally) cointegrated with airline traffic. Thus, there exists an equilibrium relation between air accidents and airline traffic, with the effect of the shocks to that relationship disappearing in the long run. Policy implications are derived for countering accidents events.

Suggested Citation

  • Carlos P. Barros & Joao R. Faria & Luis A. Gil-Alana, 2009. "Persistence on airline accidents," Faculty Working Papers 08/09, School of Economics and Business Administration, University of Navarra.
    • Handle: RePEc:una:unccee:wp0809
    as

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    File URL: http://www.unav.edu/documents/10174/6546776/1257096789_WP_UNAV_08_09.pdf
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    References listed on IDEAS

    as
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