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258868

Air Transportation and Economic Growth in Egypt using ARDL Approach

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Last updated: 26 Dec 2024

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Abstract

Development of air transportation sector is of crucial importance for stimulation of “economic growth". Most of international freight in Egypt relies on maritime transportation, which requires further study of air transportation in the Egyptian economy. The paper analyzes short-run and long-run dynamics among studied variables on annual basis from 1970 till 2019 to investigate the relationship between “economic growth" and air transportation. The paper derived economic hypotheses using logical deduction, then empirical testing through econometric methods deploying ARDL “Autoregressive Distributed Lag" technique based on specification and model examination, estimating three models; first model main hypothesis that air transportation accelerates “economic growth" estimation found positive statistical significance of infrastructure and air passengers on “economic growth", and insignificance of air freight, second model main hypothesis “economic growth" accelerates air passenger which found to be statistically positive significant, third model main hypothesis that “economic growth" accelerates air freight which found to be insignificant. The study recommends further investment in air transportation to enhance economic growth.   

Keywords

Egypt, ARDL, Economic growth, Air Transport, air passenger, air freight

Authors

First Name

Rasha

Last Name

Fouad Abdel Rahman Mohamed Yones

MiddleName

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Affiliation

Assistant Professor of Economics and Vice Dean of College of International Transport and Logistics - Arab Academy for Science, Technology and Maritime Transport. rashafouad@aast.edu

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Volume

36

Article Issue

3

Related Issue

36542

Issue Date

2022-09-01

Receive Date

2022-09-10

Publish Date

2022-09-01

Page Start

71

Page End

110

Print ISSN

1110-2373

Online ISSN

2682-4876

Link

https://sjrbs.journals.ekb.eg/article_258868.html

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https://sjrbs.journals.ekb.eg/service?article_code=258868

Order

17

Type

المقالة الأصلية

Type Code

1,324

Publication Type

Journal

Publication Title

المجلة العلمية للبحوث والدراسات التجارية

Publication Link

https://sjrbs.journals.ekb.eg/

MainTitle

Air Transportation and Economic Growth in Egypt using ARDL Approach

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Article

Created At

23 Jan 2023