Exploring the Impact of Air Transport on Economic Growth: New Evidence from Australia

Khanal, Avishek; Rahman, Mohammad Mafizur; Khanam, Rasheda; Velayutham, Eswaran

doi:10.3390/su141811351

Cited by 5 publications

(4 citation statements)

References 63 publications

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“…Furthermore, we acquire that banking development advancements (FD-POS) accept a bigger appulse on CO2 emissions than banking development setbacks (FD-NEG). These investigations abutment Khanal et al (2022) findings. According to Wang et al (2012c), a one-unit abatement in technology alteration (TT_NEG) after-effects in a 0.860 abatement in CO2 emissions, admitting a one-unit acceleration in technology alteration (TT_POS) after-effects in a 0.883 access (R. Zhao et al, 2015).…”

Section: Nardl Long-run and Short-run Valuationssupporting

confidence: 64%

“…The CO2 will drop by 0.647 units, for instance, if green investment increases by one unit. According to empirical research, the government must make rational decisions and retain short-term control over all factors in order to provide accurate estimations for computations, which eventually become long-term obstacles (Khanal, Rahman, Khanam, & Velayutham, 2022).…”

Section: Nardl Long-run and Short-run Valuationsmentioning

confidence: 99%

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Eco-Friendly Transitions in Top Ten CO2 Producing Countries: A Dynamic Panel Investigation of Green Finance, Technology Transfer and Financial Development for Reducing Environmental Degradation

Shafqat,

Idrees,

Zaman

et al. 2023

iRASD J. Eco.

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This study delves into the imperative challenge of fostering eco-friendly transitions within the top 10 CO2 producing countries, employing a sophisticated dynamic panel investigation. Centered on the pivotal drivers of green finance, technology transfer, and financial development, the research seeks to comprehensively understand their synergistic role in mitigating environmental degradation. Utilizing advanced econometric techniques, notably the Nonlinear Autoregressive Distributed Lag (NARDL) model, the investigation unfolds the intricate dynamics and nonlinear relationships shaping the effectiveness of these transitions over time. The findings not only contribute empirical insights but also bear substantial policy implications. They underscore the necessity for robust regulatory frameworks and international cooperation to incentivize green investments, facilitate technology transfer, and promote financial development geared towards sustainability. In addressing the environmental challenges posed by these leading CO2 emitters, this research advocates for a holistic approach that integrates economic growth with environmental stewardship, thereby paving the way for transformative and resilient eco-friendly practices on a global scale.

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Section: Nardl Long-run and Short-run Valuationssupporting

confidence: 64%

Section: Nardl Long-run and Short-run Valuationsmentioning

confidence: 99%

Eco-Friendly Transitions in Top Ten CO2 Producing Countries: A Dynamic Panel Investigation of Green Finance, Technology Transfer and Financial Development for Reducing Environmental Degradation

Shafqat,

Idrees,

Zaman

et al. 2023

iRASD J. Eco.

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“…The impact of air transport on economic growth is evident [20][21][22]. Air transport and tourism are inextricably linked [23].…”

Section: Air Transport and Mobility Policiesmentioning

confidence: 99%

The Liberalisation of Air Transport and the Impacts on Travel and Tourism: The Case of the Azores Archipelago

2023

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This paper intends to fill a gap by analysing the changes wrought by full air liberalisation and its impacts on travel and tourism in the Azores archipelago. This study examines the Tourism Planning Plan of the Autonomous Region of the Azores (POTRAA), the new air transport model and several statistics related to air transport and tourism dynamics before and after the liberalisation, which took place in 2015. Time series analyses were used, and the period under analysis was defined (2013–2022). The results show that the entry of low-cost carriers (LCCs) resulted in flag carriers having to change to keep being competitive. Furthermore, a more extensive exposure of the destination through the LCCs created opportunities for all airlines. The results directly related to tourism include tourist numbers increasing in inter-island, national, and international flights, new routes opening to Europe and the USA, higher accommodation occupancy, and market diversification.

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“…Despite this significant development, the air transport sector faces significant problems, such as excessive fuel consumption, higher fuel prices, increase in air traffic, competition, economic crisis, aviation emissions, safety, design, and operational chal-lenges [2]. Air transport also makes an important contribution to economic growth by creating opportunities for employment and increasing gross domestic product (GDP) [3], [4]. However, it should be noted that air transport is an extremely sensitive mode of transport, as confirmed by various crisis situations that have led to a decline in passenger traffic [5].…”

Section: Introductionmentioning

confidence: 99%

Structural analysis of air passenger flow in the Republic of Croatia from the COVID–19 pandemic impact perspective

2022

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Air transport is a globally significant mode of transport that carries people and goods over relatively long distances in a relatively short time. In the case of the Republic of Croatia there are some relevant geographical factors that make it necessary to connect the country to domestic and international airlines, such as territorial division (Dubrovnik’s disconnection from the rest of the Croatian mainland), rugged shape and mountainous terrain. In addition, as a tourist destination, the country should offer good transport links to provide the best experience for tourists. The aim of this research is to conduct an in-depth structural analysis of the intensity and dynamics of passenger air traffic at the global, European, and national (i.e. Croatian) level, considering the specific crisis of the COVID-19 pandemic as a relevant factor in the development of passenger flow. To achieve the defined objective of this research, a structural analysis of the relevant indicators for the development of passenger flow at the airports of the Republic of Croatia was conducted. In addition, a comparative analysis of the intensity, structure and dynamics of passenger flow was carried out within the framework of a comparison of the relevant criteria and statistical data on the indicators of passenger flow at the international, regional, and national levels. The COVID-19 pandemic has significantly affected the state of passenger flow in air transport in terms of organisation and logistics, and especially in terms of the intensity and dynamics of passenger flows. Accordingly, uniform criteria for monitoring passenger flow, systematisation and structural analysis of relevant formation indicators are the basic requirements for continuous monitoring and planning of passenger flow in air transport.

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Exploring the Impact of Air Transport on Economic Growth: New Evidence from Australia

Cited by 5 publications

References 63 publications

Eco-Friendly Transitions in Top Ten CO2 Producing Countries: A Dynamic Panel Investigation of Green Finance, Technology Transfer and Financial Development for Reducing Environmental Degradation

Eco-Friendly Transitions in Top Ten CO2 Producing Countries: A Dynamic Panel Investigation of Green Finance, Technology Transfer and Financial Development for Reducing Environmental Degradation

The Liberalisation of Air Transport and the Impacts on Travel and Tourism: The Case of the Azores Archipelago

Structural analysis of air passenger flow in the Republic of Croatia from the COVID–19 pandemic impact perspective

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