Assessing the impact of the September 11 terrorist attacks on U.S. airline demand

被引：136

作者：

Ito, Harumi ^{[1
]}

Lee, Darin ^{[2
]}

机构：

[1] Brown Univ, Dept Econ, Providence, RI 02912 USA

[2] LECG Corp, 350 Massachusetts Ave,Suite 300, Cambridge, MA 02139 USA

来源：

JOURNAL OF ECONOMICS AND BUSINESS | 2005年 / 57卷 / 01期

关键词：

Airlines; Structural change; Attenuating shock; September; 11;

D O I：

10.1016/j.jeconbus.2004.06.003

中图分类号：

F8 [财政、金融];

学科分类号：

0202 ;

摘要：

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. (C) 2004 Elsevier Inc. All rights reserved.

引用

页码：75 / 95

页数：21

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