14
views
0
recommends
+1 Recommend
0 collections
    0
    shares
      • Record: found
      • Abstract: found
      • Article: not found

      Assessing the impact of the September 11 terrorist attacks on U.S. airline demand

      research-article
      a , 1 , b , *
      Journal of Economics and Business
      Elsevier Inc.
      Airlines, Structural change, Attenuating shock, September 11

      Read this article at

      ScienceOpenPublisherPMC
      Bookmark
          There is no author summary for this article yet. Authors can add summaries to their articles on ScienceOpen to make them more accessible to a non-specialist audience.

          Abstract

          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.

          Related collections

          Most cited references11

          • Record: found
          • Abstract: not found
          • Article: not found

          Airport Congestion When Carriers Have Market Power

            Bookmark
            • Record: found
            • Abstract: not found
            • Article: not found

            High-technology employment and hub airports

              Bookmark
              • Record: found
              • Abstract: not found
              • Article: not found

              Crisis in the Cockpit? The Role of Market Forces in Promoting Air Travel Safety

                Bookmark

                Author and article information

                Contributors
                Journal
                J Econ Bus
                J Econ Bus
                Journal of Economics and Business
                Elsevier Inc.
                0148-6195
                0148-6195
                28 October 2004
                January-February 2005
                28 October 2004
                : 57
                : 1
                : 75-95
                Affiliations
                [a ]Department of Economics, Box B, Brown University, Providence, Rhode Island 02912, USA
                [b ]LECG, Corp. 350 Massachusetts Avenue, Suite 300, Cambridge, MA 02139, USA
                Author notes
                [* ]Corresponding author. Tel.: +1 617 761 0108; fax: +1 617 621 8018. darin_lee@ 123456lecg.com
                [1]

                Tel.: +1 650 329 9743; fax: +1 401 863 1970.

                Article
                S0148-6195(04)00070-0
                10.1016/j.jeconbus.2004.06.003
                7112671
                32287526
                dbd507b0-d49a-4b19-bbc4-3dd1b6a163db
                Copyright © 2004 Elsevier Inc. All rights reserved.

                Since January 2020 Elsevier has created a COVID-19 resource centre with free information in English and Mandarin on the novel coronavirus COVID-19. The COVID-19 resource centre is hosted on Elsevier Connect, the company's public news and information website. Elsevier hereby grants permission to make all its COVID-19-related research that is available on the COVID-19 resource centre - including this research content - immediately available in PubMed Central and other publicly funded repositories, such as the WHO COVID database with rights for unrestricted research re-use and analyses in any form or by any means with acknowledgement of the original source. These permissions are granted for free by Elsevier for as long as the COVID-19 resource centre remains active.

                History
                : 3 July 2003
                : 25 May 2004
                : 8 June 2004
                Categories
                Article

                airlines,structural change,attenuating shock,september 11

                Comments

                Comment on this article