The Aviation Industry Development and The Economic Growth in Indonesia

Bayu Dananjaya Utama; Jahen Fachrul Rezki

doi:10.17977/um042v26i2p86-96

The Aviation Industry Development and The Economic Growth in Indonesia

Bayu Dananjaya Utama, Jahen Fachrul Rezki

Abstract

Competition in the air transportation service business is currently experiencing very rapid development. This study looks at the effect of economic growth, population density, and provincial land transportation in Indonesia on the number of passengers and the number of cargo. This study uses statistical data on air transportation released by the Central Statistics Agency (BPS). The regression method used is the Fixed Effect. This study indicates that GDP per capita and government policies regarding upper and lower limit fares showed a significant positive effect on the number of passengers when not using the time trend. Furthermore, trucks are indicated to significantly affect cargo when they do not use the time trend. The policy to impose tariff limits can upset the market balance. When applying the upper limit rate is below the equilibrium price, it can cause excess demand.

Full Text:

PDF

References

Amin, A. P. (2013). Analisis Pengaruh Tarif Penerbangan dan Pendapatan per kapita dalam meningkatkan jumlah penumpang. Jurnal Bisnis Strategi, Vol. 22(1), 49-66.

Badan Pusat Statistik. Statistik Transporasi Darat

Badan Pusat Statistik. Statistik Transporasi Udara

Erjongmanee, S., & Kongsamutr, N. 2018. Air Passanger Estimation Using Gravity Model and Learning Approach: Case Study of Thailand. 5th International Conference on Advanced Informatics: Concept Theory and Applications (ICAICTA)

Goetz, A. R., (1992). Air passenger transportation and growth in the US urban system, 1950-1987.

Higgoda, R., Madurrapperuma, W. (2019). Dynamic Nexus between Air-Transportation and Economic Growth: A Systematic Literature Review. Journal of Transportation Technologies, Vol. (9), 156-170

Hu, Y., Xiao, J., Deng, Y., Xiao, Y., & Wang, S. 2015. Domestic Air Passanger Traffic and Economic Growth in China: Evidence from Heterogenous Panel Models. Journal of Air Transport Management, 42, 95-100.

Kompas, April 23, 2010. Penumpang Pesawat turun.

Lohne, M. & Skrbo, N. 2020. Machine Learning in The Aviation Industry and Potential of Using Air Traffic as Real-time indicator GDP. Master Thesis. Norwegian School of Economics. https://openaccess.nhh.no/nhh-xmlui/bitstream/handle/11250/2735120/masterthesis.pdf?sequence=1

Novaldhy, W. (2013). Pengaruh Perdagangan Internasional terhadap Pertumbuhan Ekonomi di Indonesia (2003-2010). Sarjana’s Tesis. Universitas Negeri Malang. http://repository.um.ac.id/id/eprint/41426

Pindyck, R.S., Rubinfeld, D.L., & Rabasco, E. (2013). Microeconomics. Pearson.

Rahmadhani, T, Hamidi, W., Widayatsari, A. (2017). Permintaan jasa angkutan di Bandara Sultan Syarif Kasim II. Jurnal Online Mahasiswa Fakultas Ekonomi Universitas Riau.

Warpani, S. P. (Suwardjoko Probonagoro). (2002). Pengelolaan lalu lintas dan angkutan jalan. Bandung: Penerbit ITB.

Woodruff, R. B., 1997. Customer value: the next source for competitive advantages. Journal of the Academy of Marketing Service 25 (2), 139–153.

Zeithaml, V.A., 1988. Consumer perceptions of price, quality, and value: a means-end model and synthesis of evidence. Journal of Marketing 52 (July), 2–22.

Yao, S., & Yang, X. 2008. Airport Development and Regional Economic Growth in China. Research Paper 2008/07. papers.ssrn.com. https://core.ac.uk/download/pdf/6402164.pdf

DOI: http://dx.doi.org/10.17977/um042v26i2p86-96