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| Miriam Marcén and Marina Morales |
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| ''Air passengers during the economic crisis: The Spanish case'' |
| ( 2020, Vol. 40 No.2 ) |
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| 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. |
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| Keywords: Economic crisis, Air passengers, Low-cost airlines |
JEL: J6 - Mobility, Unemployment, and Vacancies: General
L9 - Industry Studies: Transportation and Utilities: General |
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| Manuscript Received : Nov 28 2018 | | Manuscript Accepted : May 06 2020 |
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