Aviation Demand and Economic Growth in the Czech Republic: Cointegration Estimation and Causality Analysis
The main purpose of the paper is to empirically examine the aviation-led growth hypothesis for the Czech Republic by testing causality between aviation and economic growth. We resort to econometric tests such as unit root tests and test of cointegration purposed by Johansen (1988). Fully Modified OL...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Czech Statistical Office
2014-03-01
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| Series: | Statistika: Statistics and Economy Journal |
| Subjects: | |
| Online Access: | http://www.czso.cz/csu/2014edicniplan.nsf/engc/A800468D01/$File/32019714q1054.pdf |