Open AccessEmpirical Analysis of the Relationship between Trade Wars and Sea-Air Transportati
Author(s) -
Kasım Kiraci,
Ercan Akan
Publication year - 2020
Publication title -
economics and business review/the poznań university of economics review
Language(s) - English
Resource type - Journals
eISSN - 2392-1641
pISSN - 1643-5877
DOI - 10.18559/ebr.2020.3.2
Subject(s) - causality (physics) , air transport , sea transport , value (mathematics) , economics , international economics , international trade , panel data , empirical evidence , granger causality , economic geography , econometrics , mathematics , engineering , physics , statistics , philosophy , epistemology , quantum mechanics , transport engineering
The aim of this paper is to empirically analyse the relationship between the trade wars and modes of transport for selected countries. For this purpose the causality relationship between trade value and sea transport / air transportation for EU-G20 and US-G20 countries was examined. Panel causality analysis was used as a method in the study. The empirical findings of the study show the existence of a causality relationship between the trade value and modes of transport (sea transport and air transport) for country groups. This shows that the countries' sea and air transport will be adversely affected by trade wars.