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      <dc:title>Macroeconomic Determinants of Air Travel Demand in Spain.</dc:title>
      <dc:creator>González-Alegre, Juan</dc:creator>
      <dc:subject>Macroeconomía</dc:subject>
      <dc:subject>Viajes aéreos</dc:subject>
      <dc:subject>Economía regional</dc:subject>
      <dc:description>This paper constructs and estimates a panel data model that predicts the number of air traﬃc passengers from several macroeconomic and geographic variables. The model is estimated with data from Spain (1999–2014) at the provincial level. Results reveal that economic growth and average income are the main forces driving demand, while a size eﬀect is also clearly identiﬁed. Coastal provinces and, overall, islands also experience larger demand. Finally, a positive coeﬃcient is estimated for the number of passengers in neighbouring airports, which reveals that the relationship of the demand among airports is characterised by complementarity rather than competition.</dc:description>
      <dc:date>2024-02-01T11:03:32Z</dc:date>
      <dc:date>2024-02-01T11:03:32Z</dc:date>
      <dc:date>2020</dc:date>
      <dc:date>2020-01-01</dc:date>
      <dc:type>journal article</dc:type>
      <dc:identifier>Gonzalez-Alegre, J. (2020). Macroeconomic Determinants of Air Travel Demand in Spain. Journal of Transport Economics and Policy (JTEP), 54(1), 40-57.</dc:identifier>
      <dc:identifier>https://hdl.handle.net/10630/29588</dc:identifier>
      <dc:language>eng</dc:language>
      <dc:rights>open access</dc:rights>
      <dc:publisher>University of Bath</dc:publisher>
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