Research Article

Technology, Competitiveness, and the Growth–Aviation Nexus in Emerging Markets: Evidence from a Bootstrap Panel Causality Approach

Volume: 41 Number: 2 June 22, 2026
TR EN

Technology, Competitiveness, and the Growth–Aviation Nexus in Emerging Markets: Evidence from a Bootstrap Panel Causality Approach

Abstract

The current study, using the bootstrap panel causality test, examines the causality relationship between economic growth and different civil aviation sector activities in emerging market economies in sixteen countries over the 1997-2019 period by controlling for the factors of capital, labor, technology, and competitiveness. Cross-sectional dependence and parameter heterogeneity tests reveal that emerging market economies interact with each other and that the relationship between the aviation industry and economic growth differs from country to country. While upward changes in the number of passengers in Türkiye and Indonesia, in freight transport in Czechia and Poland, and in the number of planes departing from Colombia, Mexico, Poland, and Türkiye were the causes of the economic growth, this economic growth has been the Granger cause of the increasing number of passengers in Brazil and China, the freight transport in Türkiye, and carrier departures in Brazil, China, Indonesia, and South Africa. In addition, a feedback relationship between freight transport and economic growth in South Africa has manifested itself. The findings reveal heterogeneous causal patterns across emerging markets. This research, which aims to increase the contribution of air transport to economic activity, presents policy recommendations by making a comparison with the International Air Transport Association (IATA) reports.

Keywords

References

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Details

Primary Language

English

Subjects

Development Studies (Other)

Journal Section

Research Article

Publication Date

June 22, 2026

Submission Date

August 22, 2025

Acceptance Date

April 16, 2026

Published in Issue

Year 2026 Volume: 41 Number: 2

APA
Batu Ağırkaya, M., Karacan, S., & Ekici, F. (2026). Technology, Competitiveness, and the Growth–Aviation Nexus in Emerging Markets: Evidence from a Bootstrap Panel Causality Approach. İzmir İktisat Dergisi, 41(2), 480-508. https://doi.org/10.24988/ije.1769842
AMA
1.Batu Ağırkaya M, Karacan S, Ekici F. Technology, Competitiveness, and the Growth–Aviation Nexus in Emerging Markets: Evidence from a Bootstrap Panel Causality Approach. İzmir İktisat Dergisi. 2026;41(2):480-508. doi:10.24988/ije.1769842
Chicago
Batu Ağırkaya, Melahat, Semih Karacan, and Filiz Ekici. 2026. “Technology, Competitiveness, and the Growth–Aviation Nexus in Emerging Markets: Evidence from a Bootstrap Panel Causality Approach”. İzmir İktisat Dergisi 41 (2): 480-508. https://doi.org/10.24988/ije.1769842.
EndNote
Batu Ağırkaya M, Karacan S, Ekici F (June 1, 2026) Technology, Competitiveness, and the Growth–Aviation Nexus in Emerging Markets: Evidence from a Bootstrap Panel Causality Approach. İzmir İktisat Dergisi 41 2 480–508.
IEEE
[1]M. Batu Ağırkaya, S. Karacan, and F. Ekici, “Technology, Competitiveness, and the Growth–Aviation Nexus in Emerging Markets: Evidence from a Bootstrap Panel Causality Approach”, İzmir İktisat Dergisi, vol. 41, no. 2, pp. 480–508, June 2026, doi: 10.24988/ije.1769842.
ISNAD
Batu Ağırkaya, Melahat - Karacan, Semih - Ekici, Filiz. “Technology, Competitiveness, and the Growth–Aviation Nexus in Emerging Markets: Evidence from a Bootstrap Panel Causality Approach”. İzmir İktisat Dergisi 41/2 (June 1, 2026): 480-508. https://doi.org/10.24988/ije.1769842.
JAMA
1.Batu Ağırkaya M, Karacan S, Ekici F. Technology, Competitiveness, and the Growth–Aviation Nexus in Emerging Markets: Evidence from a Bootstrap Panel Causality Approach. İzmir İktisat Dergisi. 2026;41:480–508.
MLA
Batu Ağırkaya, Melahat, et al. “Technology, Competitiveness, and the Growth–Aviation Nexus in Emerging Markets: Evidence from a Bootstrap Panel Causality Approach”. İzmir İktisat Dergisi, vol. 41, no. 2, June 2026, pp. 480-08, doi:10.24988/ije.1769842.
Vancouver
1.Melahat Batu Ağırkaya, Semih Karacan, Filiz Ekici. Technology, Competitiveness, and the Growth–Aviation Nexus in Emerging Markets: Evidence from a Bootstrap Panel Causality Approach. İzmir İktisat Dergisi. 2026 Jun. 1;41(2):480-508. doi:10.24988/ije.1769842
İzmir Journal of Economics
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