Assessing the impact of the September 11 terrorist attacks on U.S. airline demand
Copyright © 2004 Elsevier Inc. All rights reserved.
| Veröffentlicht in: | Journal of economics and business. - 1978. - 57(2005), 1 vom: 01. Jan., Seite 75-95 |
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| Format: | Online-Aufsatz |
| Sprache: | English |
| Veröffentlicht: |
2005
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| Zugriff auf das übergeordnete Werk: | Journal of economics and business |
| Schlagworte: | Journal Article Airlines Attenuating shock September 11 Structural change |
| Zusammenfassung: | Copyright © 2004 Elsevier Inc. All rights reserved. This paper assesses the impact of the September 11 terrorist attacks and its after-effects on U.S. airline demand. Using monthly time-series data from 1986 to 2003, we find that September 11 resulted in both a negative transitory shock of over 30% and an ongoing negative demand shock amounting to roughly 7.4% of pre-September 11 demand. This ongoing demand shock has yet to dissipate (as of November 2003) and cannot be explained by economic, seasonal, or other factors |
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| Beschreibung: | Date Revised 14.04.2020 published: Print-Electronic Citation Status PubMed-not-MEDLINE |
| ISSN: | 0148-6195 |
| DOI: | 10.1016/j.jeconbus.2004.06.003 |