Marazzo, Marcial; Scherre, Rafael; Fernandes, Elton - In: Transportation Research Part E: Logistics and … 46 (2010) 2, pp. 261-269
We investigate the relationship between air transport demand (passenger-kilometer: PAX) and economic growth (GDP) between 1966 and 2006 in Brazil. Special attention is paid to stationary features and the existence of a long-run equilibrium between variables to work in a vector autoregressive...