Forecasting temporal world recovery in air transport markets in the presence of large economic shocks: The case of COVID-19.
Forecasting temporal world recovery in air transport markets in the presence of large economic shocks: The case of COVID-19.
复制标题
在发生巨大的经济冲击的情况下,预测航空运输市场中的暂时世界恢复:COVID-19。
DOI:
10.1016/j.jairtraman.2020.102007
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发表时间:
2021-03
影响因子:
6
通讯作者:
Redondi, R.
中科院分区:
文献类型:
--
作者:
Gudmundsson, S., V;Cattaneo, M.;Redondi, R.
This paper estimates the relationship between the strength of economic shocks and temporal recovery in the world air transport industry. Our results show that world recovery of passenger demand to pre-COVID-19 levels is estimated to take 2.4 years (recovery by late-2022), with the most optimistic estimate being 2 years (recovery by mid-2022), and the most pessimistic estimate 6 years (recovery in 2026). Large regional differences are detected, Asia Pacific has the shortest estimated average recovery time 2.2 years, followed by North America 2.5 years and Europe 2.7 years. For air freight the results show a shorter average world recovery time of 2.2 years compared to passenger demand. At the regional level, Europe and Asia Pacific are comparable with average recovery times of 2.2 years while North America is predicted to recover faster in 1.5 years. The results show that the strength of economic shocks of various origins impacts the linear growth of passenger and freight traffic and the temporal recovery of the industry in a predictable transitory way. Hence, the impact of the COVID-19 recession will represent a temporary, although long-lasting, correction to previous growth levels.
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DOI:
10.1016/j.tre.2020.102050
发表时间:
2020-10-01
影响因子:
10.6
作者:
Birolini, Sebastian;Cattaneo, Mattia;Morlotti, Chiara
通讯作者:
Morlotti, Chiara
影响因子:
6
作者:
Chin, ATH;Tay, JH
通讯作者:
Tay, JH
影响因子:
3.4
作者:
Jungmittag, Andre
通讯作者:
Jungmittag, Andre
DOI:
10.1016/b978-0-444-59568-3.00015-8
发表时间:
2013-02-27
期刊:
Handbook of Computable General Equilibrium Modeling
影响因子:
--
作者:
McKibbin WJ;Wilcoxen PJ
通讯作者:
Wilcoxen PJ
影响因子:
8.9
作者:
Bonham, C.;Edmonds, C.;Mak, J.
通讯作者:
Mak, J.