No. 62. COMPARING AIR AND SEA PASSENGER TRANSPORTATION IN DOMESTIC LINES. ECONOMETRIC ESTIMATION OF DEMAND (in Greek)

Published in STUDIES

S.K. Spathi. 2005. | ISBN: 960-341-060-8

 

In this study transport demand is analyzed describing passenger air and sea transport flows as well as that of vehicles by sea at nomos and island level. The determinants of both modes’ passenger demand are defined and estimated in the lines connecting directly East Aegean islands and Crete with Attiki. Econometrics have been used for the analysis at nomos level and for estimations of demand elasticity during the winter and summer months through the price, service quality, income and tourism variables. The existence of complementarity or competitiveness between the two modes is studied as well. The method examines the cointegration relations of the variables used through the error correction models.


Comparing the passenger figures with other socioeconomic ones of the islands some useful conclusions are reached about the deregulation of the markets. It brings up the issue of increased transportation services, especially to the islands of low demand, which in turn will help the development, the maintenance and the reduction of isolation of the island region.

 

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