A GRAPHICAL ANALYSIS OF AIR TRAVEL DEMAND AND SOCIAL DEVELOPMENT: THE ROLE OF FINANCIAL INCLUSION¶
Abstract¶
Although the airline industry presents similar operational and management strategies worldwide, there might be particular characteristics among developed and developing economies that might impact demand accordingly. In this paper, the objective is to gather evidence that social development indicators might explain the development of air transportation services in emerging economies while specifically investigating the role of financial inclusion. Our results suggest that financial inclusion may not be associated to more passengers in High Income and in Low Income countries. However, the evolution of financial access could represent an indicator to increase demand in Upper Middle Income, Middle Income and Lower Middle Income countries. Therefore, financial inclusion may represent a dimension to be further explored in the literature of the determinants of air travel demand in developing economies. Further statistical analyzes are required to corroborate our results.
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Citing¶
@inproceedings{SIT200,
author = {LUCA JOSÉ DOS SANTOS; ALESSANDRO VINICIUS MARQUES DE OLIVEIRA},
title = {A GRAPHICAL ANALYSIS OF AIR TRAVEL DEMAND AND SOCIAL DEVELOPMENT: THE ROLE OF FINANCIAL INCLUSION},
booktitle = {Proceedings of the 2022 Air Transportation Symposium},
series = {SITRAER 2022},
year = {2022},
pages = {534-540},
publisher = {SBTA - Brazilian Air Transportation Research Society},
address = {São José dos Campos, Brazil,}
}
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