An Empirical Study on the Indirect Impact of Flight Delay on China’s Economy
AbstractDue to the influence on the sectors and industries that have strong relationships with the air transportation industry, flight delays have a huge impact on China’s economy. In this study, the input–output method and the Ghosh model were used to analyze the indirect economic impacts of flight delays on China’s economy. We also constructed simultaneous demand-fare equations to estimate the direct output of the air industry as a result of flight delay control. The final results showed that the total indirect impact of flight delays on China was Ұ350.71 billion in 2013, stressing the importance of controlling flight delays. Since delay control not only provides direct benefits to passengers and carriers, but also indirectly contributes to regional economies, the efforts benefit the entire Chinese society. The great investment in flight delay governance should be shared among various producing sectors. View Full-Text
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Chen, Y.; Yu, J.; Tsai, S.-B.; Zhu, J. An Empirical Study on the Indirect Impact of Flight Delay on China’s Economy. Sustainability 2018, 10, 357.
Chen Y, Yu J, Tsai S-B, Zhu J. An Empirical Study on the Indirect Impact of Flight Delay on China’s Economy. Sustainability. 2018; 10(2):357.Chicago/Turabian Style
Chen, Yuxiu; Yu, Jian; Tsai, Sang-Bing; Zhu, Jinfu. 2018. "An Empirical Study on the Indirect Impact of Flight Delay on China’s Economy." Sustainability 10, no. 2: 357.
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