Assessing the impact of the September 11 terrorist attacks on U.S. airline demand
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.
| Medienart: |
E-Artikel |
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| Erscheinungsjahr: |
2005 |
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| Erschienen: |
2005 |
| Enthalten in: |
Zur Gesamtaufnahme - volume:57 |
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| Enthalten in: |
Journal of economics and business - 57(2005), 1 vom: 01. Jan., Seite 75-95 |
| Sprache: |
Englisch |
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| Beteiligte Personen: |
Ito, Harumi [VerfasserIn] |
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| Links: |
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| Themen: |
Airlines |
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| Anmerkungen: |
Date Revised 14.04.2020 published: Print-Electronic Citation Status PubMed-not-MEDLINE |
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| doi: |
10.1016/j.jeconbus.2004.06.003 |
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| funding: |
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| Förderinstitution / Projekttitel: |
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NLM308724577 |
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| 520 | |a Copyright © 2004 Elsevier Inc. All rights reserved. | ||
| 520 | |a 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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