Sep 21, 2010

Articles in journals

Barros, C., Gil-Alana, L., Faria, R.

34

15

This paper analyses airline accident data from 1927-2006, through fractional integration and cointegration. It is shown that airline accidents are persistent and (fractionally) cointegrated with airline traffic. There exists a negative relation between air accidents and airline traffic, with the effect of the shocks to that relationship disappearing in the long run. Policy implications are derived for countering accident events.

Accidents,Airlines,Time Series,Persistence,Long Memory,Cointegration