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Gravity and cultural proximity: evidence from air traffic
This paper explores the importance of cultural proximity for economic exchange in the context of air travel. We estimate a structurally founded gravity model of international aviation passenger tra...
期刊介绍:
Applied Economics is a peer-reviewed journal encouraging the application of economic analysis to specific problems in both the public and private sectors. It particularly fosters quantitative studies, the results of which are of use in the practical field, and thus helps to bring economic theory nearer to reality. Contributions which make use of the methods of mathematics, statistics and operations research will be welcomed, provided the conclusions are factual and properly explained.