Dynamic relationship between air transport, economic growth and inbound tourism in Cambodia, Laos, Myanmar and Vietnam

Colin C.H. Law, Yahua Zhang, Jeff Gow and Xuan-Binh Vu

Journal of Air Transport Management, 2022, vol. 98, issue C

Abstract: Cambodia, Laos, Myanmar and Vietnam (the CLMV countries) in Mainland Southeast Asia share a similar history in their political systems, development of their aviation industries and their economic development in general. This study examines the relationship between air transport development, economic growth and inbound tourism in the CLMV countries. There is bi-directional causality between air passenger traffic and economic growth in the long run. Inbound tourism has a significant impact on air transport demand in the long run but no significant relationship exists between the two in the short run. Air transport deregulation had a positive and significant impact on traffic volumes, particularly for Cambodia. Further reforms are still needed before such an outcome can occur in Myanmar.

Keywords: Air transport; Tourism; Economic growth; Deregulation; Autoregressive distributed lag (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (14)

Downloads: (external link)
http://www.sciencedirect.com/science/article/pii/S0969699721001423
Full text for ScienceDirect subscribers only

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eee:jaitra:v:98:y:2022:i:c:s0969699721001423

DOI: 10.1016/j.jairtraman.2021.102161

Access Statistics for this article

Journal of Air Transport Management is currently edited by Anne Graham

More articles in Journal of Air Transport Management from Elsevier
Bibliographic data for series maintained by Catherine Liu ().