Open AccessAn Econometric Analysis Of Air Travel Demand: The Moroccan Case
Author(s) -
Elmostafa Erraitab
Publication year - 2016
Publication title -
european scientific journal
Language(s) - English
Resource type - Journals
eISSN - 1857-7881
pISSN - 1857-7431
DOI - 10.19044/esj.2016.v12n7p367
Subject(s) - per capita , tourism , econometric model , air travel , aviation , civil aviation , econometric analysis , air transport , gross domestic product , economics , consumption (sociology) , index (typography) , regression analysis , econometrics , consumer price index (south africa) , product (mathematics) , geography , transport engineering , macroeconomics , engineering , statistics , computer science , population , social science , mathematics , aerospace engineering , archaeology , sociology , world wide web , geometry , monetary policy , demography
Given the importance of the air traffic analysis both for airlines and civil aviation authorities, the main aim of this paper is to develop an econometric model to analyze, assess and forecast the air travel demand in Morocco. To select the relevant variables, the all possible regression procedure was conducted. The model containing price index consumer, the gross national product, household final consumption per capita and international tourist’s arrivals is the most appropriate model to represent the demand for air travel in Morocco.