Journal of the Korean Society for Aviation and Aeronautics (한국항공운항학회지)

The Korean Society for Aviation and Aeronautics (한국항공운항학회)
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Analysis of Influencing Factors on Air Passenger and Cargo Transport between Korea, China and Japan

  • Lim, Jae-Hwan (Department of Aviation Management & Logistics, Catholic Kwandong University) ;
  • Kim, Young-Rok (Department of Aeronautical Science & Flight Operation, Silla University) ;
  • Choi, Yun-Chul (Department of Aviation, Hanseo University) ;
  • Kang, Dal-Won (Department of Aviation Management & Logistics, Catholic Kwandong University)
  • Received : 2021.05.03
  • Accepted : 2021.05.03
  • Published : 2021.06.30
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Abstract

In this study, the main factors affecting the number of passengers and cargo volume transported by air between Korea, China and Japan over the past 20 years are to be identified. For the analysis, data from three countries' GDP and per capita as well as exchange rates and international oil prices were used, and OLS multiple regression analysis and fixed effect analysis were performed. As a result of the analysis, both the number of passengers and cargo volume transported by air showed a negative (-) direction for GDP, which represents the country's economic power, and a positive (+) direction, for per capita GDP, which represents income level. And the increase in the exchange rate between China and Japan acted in a positive (+) direction on the increase in the number of passengers, and the effect of oil prices was found to be limited.

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References

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