Persistence in Airline Accidents

This paper analyses airline accident data from 1927-2006, through fractional integration. It is shown that airline accidents are persistent and (fractionally) cointegrated with airline traffic. There exists a negative relation between air accidents and airline traffic, with the effect of the shocks to that relationship disappearing in the long run. Policy implications are derived for countering accident events.

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Year of publication:	2008-03
Authors:	Barros, Carlos Pestana ; Faria, João Ricardo ; Gil-Alana, Luis A.
Institutions:	ISEG - School of Economics and Management, Department of Economics, University of Lisbon
Subject:	Accidents \| airline \| Time series \| Persistence \| Long memory \| Cointegration

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Extent:	application/pdf
Series:	Working Papers Department of Economics.
Type of publication:	Book / Working Paper
Language:	English
Notes:	Number 2008/18
Classification:	D79 - Analysis of Collective Decision-Making. Other ; H56 - National Security and War
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005628406