Exploring the nexus between air transport and regional growth in central and eastern European NUTS2 Regions

This paper examines the intricate and reciprocal relationship between air transport and regional economic growth in the NUTS2 regions of Central and Eastern Europe. By employing a dynamic panel data estimation approach using the Arellano-Bond methodology on data pertaining to 12 CEE countries, inclu...

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Main Authors: Erzsebet GÁL, Graţiela Georgiana NOJA, Petru Marin ŞTEFEA
Format: Article
Language:English
Published: General Association of Economists from Romania 2024-05-01
Series:Theoretical and Applied Economics
Subjects:
Online Access: https://store.ectap.ro/suplimente/Theoretical_and_Applied_Economics_2024_Special_Issue_Autumn.pdf#page=93
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author Erzsebet GÁL
Graţiela Georgiana NOJA
Petru Marin ŞTEFEA
author_facet Erzsebet GÁL
Graţiela Georgiana NOJA
Petru Marin ŞTEFEA
author_sort Erzsebet GÁL
collection DOAJ
description This paper examines the intricate and reciprocal relationship between air transport and regional economic growth in the NUTS2 regions of Central and Eastern Europe. By employing a dynamic panel data estimation approach using the Arellano-Bond methodology on data pertaining to 12 CEE countries, including Austria, Bulgaria, Switzerland, Czechia, Croatia, Hungary, Lithuania, Poland, Romania, Slovenia, Slovakia, and Serbia for a time span between 2017 and 2022, the study aims to determine whether air transport stimulates regional growth and employment. The results indicate that the total number of air passengers generally has a significant, positive impact on RGDP. However, while air transport may create employment opportunities, its influence on regional employment is less robust compared to its impact on RGDP.
format Article
id doaj-art-80980ff30a8c4b379c0727e93c8fcd21
institution Kabale University
issn 1841-8678
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language English
publishDate 2024-05-01
publisher General Association of Economists from Romania
record_format Article
series Theoretical and Applied Economics
spelling doaj-art-80980ff30a8c4b379c0727e93c8fcd212024-11-26T14:53:18ZengGeneral Association of Economists from RomaniaTheoretical and Applied Economics1841-86781844-00292024-05-01XXXISpecial, Autumn9311418418678Exploring the nexus between air transport and regional growth in central and eastern European NUTS2 RegionsErzsebet GÁL0Graţiela Georgiana NOJA1Petru Marin ŞTEFEA2 West University of Timisoara, Romania West University of Timisoara, Romania West University of Timisoara, Romania This paper examines the intricate and reciprocal relationship between air transport and regional economic growth in the NUTS2 regions of Central and Eastern Europe. By employing a dynamic panel data estimation approach using the Arellano-Bond methodology on data pertaining to 12 CEE countries, including Austria, Bulgaria, Switzerland, Czechia, Croatia, Hungary, Lithuania, Poland, Romania, Slovenia, Slovakia, and Serbia for a time span between 2017 and 2022, the study aims to determine whether air transport stimulates regional growth and employment. The results indicate that the total number of air passengers generally has a significant, positive impact on RGDP. However, while air transport may create employment opportunities, its influence on regional employment is less robust compared to its impact on RGDP. https://store.ectap.ro/suplimente/Theoretical_and_Applied_Economics_2024_Special_Issue_Autumn.pdf#page=93 air transportcentral and eastern europedata panel analysisemploymentregional growth
spellingShingle Erzsebet GÁL
Graţiela Georgiana NOJA
Petru Marin ŞTEFEA
Exploring the nexus between air transport and regional growth in central and eastern European NUTS2 Regions
Theoretical and Applied Economics
air transport
central and eastern europe
data panel analysis
employment
regional growth
title Exploring the nexus between air transport and regional growth in central and eastern European NUTS2 Regions
title_full Exploring the nexus between air transport and regional growth in central and eastern European NUTS2 Regions
title_fullStr Exploring the nexus between air transport and regional growth in central and eastern European NUTS2 Regions
title_full_unstemmed Exploring the nexus between air transport and regional growth in central and eastern European NUTS2 Regions
title_short Exploring the nexus between air transport and regional growth in central and eastern European NUTS2 Regions
title_sort exploring the nexus between air transport and regional growth in central and eastern european nuts2 regions
topic air transport
central and eastern europe
data panel analysis
employment
regional growth
url https://store.ectap.ro/suplimente/Theoretical_and_Applied_Economics_2024_Special_Issue_Autumn.pdf#page=93
work_keys_str_mv AT erzsebetgal exploringthenexusbetweenairtransportandregionalgrowthincentralandeasterneuropeannuts2regions
AT gratielageorgiananoja exploringthenexusbetweenairtransportandregionalgrowthincentralandeasterneuropeannuts2regions
AT petrumarinstefea exploringthenexusbetweenairtransportandregionalgrowthincentralandeasterneuropeannuts2regions