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Fly and trade: Evidence from the Italian manufacturing industry

Author

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  • Alderighi, Marco
  • Gaggero, Alberto A.
Abstract
This paper offers an empirical investigation of the relationship between air transport service and trade, using a panel of 20 Italian regions and 24 European countries observed, half-yearly, over the period 1998–2010. We apply a Newey-West two-step GMM estimator to produce estimates which are robust to the presence of heteroskedasticity and autocorrelation. Our findings suggest that air transport service positively affects the export of Italian manufacturers and that full-service carriers are mainly responsible for this result.

Suggested Citation

  • Alderighi, Marco & Gaggero, Alberto A., 2017. "Fly and trade: Evidence from the Italian manufacturing industry," Economics of Transportation, Elsevier, vol. 9(C), pages 51-60.
    • Handle: RePEc:eee:ecotra:v:9:y:2017:i:c:p:51-60
    DOI: 10.1016/j.ecotra.2017.02.001
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    More about this item

    Keywords

    Airlines; Non-stop flights; Full-service carriers; Low-cost carriers; Export; Manufacturing firms;
    All these keywords.

    JEL classification:

    • L93 - Industrial Organization - - Industry Studies: Transportation and Utilities - - - Air Transportation
    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • N7 - Economic History - - Economic History: Transport, International and Domestic Trade, Energy, and Other Services

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