Abstract

This study investigates the relationship between the development of the air transport and the economic development of the Bulgarian regions and the improvement of its competitiveness over the period of 2000–2016. The timeliness of the problem is related to the contradictory impact of the air transport on the economic effects of aviation development and related socio-economic effects at local and global level. The purpose of the report was to identify the impact of the air transport on the economic development of the region. In this connection, the following tasks have been set: to monitor trends in the development of the air passenger transport sector; to determine the impact of the average annual income per capita on the passenger flow; to establish the impact of passenger flows on the average annual income of the population as an indicator of the sustainable development of the region. The aim of the article was to establish the link between the passenger flow and the gross domestic product of the region. Economic data processing methods for the 10-year period were used through the Gretl program. The data obtained is evidence of the positive impact of air transport development on the competitiveness of the region and its steady social-economic growth.

Highlights

  • The timeliness of the problem is related to the contradictory impact of air transport on the economic effects of aviation development and related socio-economic effects at local and global level

  • The object of this survey are the NUTS 2 regions in Bulgaria - Southwest, Northeast and Southeast, where the three largest airports with international flights (Sofia, Varna and Burgas airports) are located. The purpose of it is to reveal the relationship between the passenger flow and the average annual income of the population in these regions

  • For the purpose of the analysis, we used passengers flow data collected from the three largest airports in Bulgaria (Sofia, Varna and Bourgas airports) for the 2004-2016 period and the average annual income of the population in the regions where they are located - Southwest, Northeast and Southeast

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Summary

Introduction

The timeliness of the problem is related to the contradictory impact of air transport on the economic effects of aviation development and related socio-economic effects at local and global level. The smoothing of differences and achieving more complete cohesion in its three dimensions - political, economic and social between the enlarged Europe and Bulgaria - the integration of the Bulgarian into the European transport network is a necessary condition for the free movement of goods, people and services, as well as for the economic developing and pooling peripheral and isolated regions with the central parts of Europe In this regard, there is an increasing credit for air transport. The European aviation sector - airlines, and aerospace, airports, air traffic management and other services - is facing low growth in the EU and strong global competition. To consult the Member States on the Transport Council, He plans to take action on these proposals, including drawing up a list of priority issues for the EU to negotiate

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