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Air passengers during the economic crisis: The Spanish case

Author

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  • Marcén, Miriam
  • Morales, Marina

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.

Suggested Citation

  • Marcén, Miriam & Morales, Marina, 2018. "Air passengers during the economic crisis: The Spanish case," MPRA Paper 87907, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:87907
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    References listed on IDEAS

    as
    1. Frédéric Dobruszkes, 2013. "The geography of European low-cost airline networks: A contemporary analysis," ULB Institutional Repository 2013/135954, ULB -- Universite Libre de Bruxelles.
    2. Egon Smeral, 2009. "Tourismus im Sog der Finanzmarkt- und Wirtschaftskrise," WIFO Monatsberichte (monthly reports), WIFO, vol. 82(3), pages 195-208, March.
    3. Rey, Belén & Myro, Rafael L. & Galera, Asun, 2011. "Effect of low-cost airlines on tourism in Spain. A dynamic panel data model," Journal of Air Transport Management, Elsevier, vol. 17(3), pages 163-167.
    4. Dobruszkes, Frédéric, 2013. "The geography of European low-cost airline networks: a contemporary analysis," Journal of Transport Geography, Elsevier, vol. 28(C), pages 75-88.
    5. Héctor Bellido & Miriam Marcén, 2019. "Fertility and the business cycle: the European case," Review of Economics of the Household, Springer, vol. 17(4), pages 1289-1319, December.
    6. Justin Wolfers, 2006. "Did Unilateral Divorce Laws Raise Divorce Rates? A Reconciliation and New Results," American Economic Review, American Economic Association, vol. 96(5), pages 1802-1820, December.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Economic crisis; Air passengers; Low-cost airlines;
    All these keywords.

    JEL classification:

    • L83 - Industrial Organization - - Industry Studies: Services - - - Sports; Gambling; Restaurants; Recreation; Tourism
    • L93 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Air Transportation

    NEP fields

    This paper has been announced in the following NEP Reports:

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