Air cargo expansion and economic growth: Finding the empirical link

Air cargo expansion and economic growth: Finding the empirical link

Journal: Air Transport Management

Author: Yu-Hern Chang, Yu-Wei Chang

Published: 2009

Abstract

This paper applies Granger causality tests to examine the causal relationship between air cargo expansion and economic growth in Taiwan for the period 1974–2006. The results of cointegration tests show a long-run equilibrium and bi-directional relationship between air cargo expansion and economic growth in the case of Taiwan.

Keywords: Granger causality, Air cargo, Economic growth, Taiwan

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