248954

Air Freight Economic Factors of Demand in Egypt

Article

Last updated: 04 Jan 2025

Subjects

-

Tags

الاقتصاد الدولي - االنظم السياسية

Abstract

In Egypt international freight relies mainly on maritime transport, which requires studying of main economic factors of air freight, for its enhancement to induce international trade and economic growth. The paper investigates main economic factors of air freight in Egypt, during the period 1982 till 2019 investigating the interaction between short and long run variables using VECM "Vector error correction model" that found long run equilibrium relationship among model variables. Short run dynamics found that exports and GDP are positively significant, while inflation and exchange rate are negatively significant to air freight which goes with economic literature. Further analysis of dynamics among studied variables carried using IRF "Impulse Response Function" finding same results of VECM and Variance decomposition which found that the highest contribution to air freight changes is exchange rate and exports followed by inflation and the weakest is GDP. The findings contribute to literature of air freight demand factors.

DOI

10.21608/jocu.2022.135309.1178

Keywords

VECM, GDP, Trade, air freight, Egypt

Authors

First Name

رشا فؤاد عبدالرحمن محمد

Last Name

يونس

MiddleName

-

Affiliation

الاکاديمية العربية للعلوم والتکنولوجيا والنقل البحري

Email

rashafa@hotmail.com

City

القاهرة

Orcid

-

Volume

16

Article Issue

15

Related Issue

35548

Issue Date

2022-07-01

Receive Date

2022-04-22

Publish Date

2022-07-01

Page Start

198

Page End

214

Print ISSN

2636-4166

Online ISSN

2735-3176

Link

https://jocu.journals.ekb.eg/article_248954.html

Detail API

https://jocu.journals.ekb.eg/service?article_code=248954

Order

7

Type

مقالات سیاسیة واقتصادیة

Type Code

1,296

Publication Type

Journal

Publication Title

مجلة السياسة والاقتصاد

Publication Link

https://jocu.journals.ekb.eg/

MainTitle

Air Freight Economic Factors of Demand in Egypt

Details

Type

Article

Created At

22 Jan 2023