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

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