Abstract
the Load Factor's Determinants is an important issue for the Chinese Airline Industry. This paper discusses the influence element of Chinese Airline Industry load factor based on the historical high frequency data. First, we set a SVAR model and discuss its significance; then we discuss its ARCH effect, third, we set a TARCH-M model and discuss its volatility; at last, we get related conclusions and correlative policy implications. Our research finds that one competitor's current and lagged PLF may affect others, and branch and associated operation also affects PLF's fluctuation. For the branch companies competing in the same city, the effects of the positive impact and the negative impact are just opposite. These conclusions have important meanings and applicability to the whole Chinese Airline Industry.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callSimilar Papers
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
