The Causality Analysis of Airports and Regional Economy

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Conducting a review of articles has a particular value and many advantages. Hence, this process helps to identify the strengths of the analyzed scientific work, gain an understanding of how to conduct research correctly and provide information for the most accessible and most productive assimilation by the audience. Moreover, for other scholars, conducting an article review is a valuable experience in the conclusions from which future papers can be written. This work aims to study the article “The causality analysis of Airports and regional economy” and how effectively and clearly the authors conveyed the main idea of the work.

The article under the study has the full title “The causality analysis of airports and regional economy: Empirical evidence from Jiangsu province in China” and was written by Bai and Wu in 2022. This gives it relevance, which makes it relevant and valuable for a lot of further research. This scientific work explores the interaction between the aviation industry and the economy of the country and how strong a connection exists between these two indicators, which represents the thesis of the work. To obtain the necessary information, the article used the Granger causality test, variation decomposition, and impulse response functions (Bai & Wu, 2022). The data obtained after studying Jiangsu province in the Yangtze River delta region were taken as a basis.

Consequently, the main aim of academic work is the analysis of the selected aspects in the Chinese province of Jiangsu. The reason for this choice was the fact that despite the positive relationship between aviation and the economy, there are no significant positive dynamics in this region. Moreover, the authors see the contribution of the work in the fact that it can offer data obtained in the course of empirical research that can serve to develop policies and strategies to improve the situation. Moreover, they can be helpful in improving the economic situation in other provinces that are dependent on the aviation industry.

First of all, the article provides a literary review, which presents data confirming the connection between the aviation industry and the economy of the regions. Thus, the researchers emphasize that China occupies a leading place in the aviation industry, and the field of activity under study offers “employment opportunities, industrial upgrading, and social welfare improvement” (Bai & Wu, 2022, p. 3). Moreover, additional research showed “a positive but not significant effect on population and employment” in the aviation industry (Tveter, 2017, p. 57). At the same time, there is an opinion that “the long-run causalities between air transport and the local economy only in one direction the growth in GDP causes the growth in the number of the passengers” (Todorova & Haralampiev, 2020, p. 157). Thus, the analyzed scientific work is a valuable source of the interaction between this sphere and the economy.

Thus, the main topic of the relationship between the economy and aviation forms the basis of the article by Bai and Wu. One of the main ones is the study of two aspects of the gross domestic product. Further, topics related to the provision of jobs, infrastructure development, and the overall positive contribution to the economy of a particular region are mentioned. Some sources emphasize that “causal impacts are hard to identify empirically due to the fundamentally endogenous nature of the relationship between air transport and the economy” (Carbo & Graham, 2020, p. 1). Despite this, the researchers make an attempt to show that examination of such a topic can have significant value.

The authors of this study take the point of view of the interdependent relationship between the two examined indicators. However, it is worth noting that the opinion provided in the paper is based on conducting a complete and in-depth study of the information. Using the previously mentioned tests and models, the authors obtained data on the basis of which they formed a relatively objective answer to the proposed question. Moreover, when reading the article, an accurate understanding of the central theme of the work was formed, and it was possible to highlight a clear point that would help readers form a definite conclusion. It is worth adding that a possible conclusion could be related to the thesis or the main conclusion, which is the positive side of the article under study.

Based on the above information, the authors draw several main conclusions. First, they confirm the thesis that the aviation industry and the region’s economy are interrelated and mutually promoting. In addition, scientific work has shown that the gross domestic product has a sound and direct effect on the number of passengers, gradually increasing in the long term. On the other hand, the number of people using air services was not so constant and steadily reflected in it (Bai & Wu, 2022). Another valuable conclusion was that paying attention to the aviation sector is necessary not only for itself but also for the development of infrastructure and support for the development of new firms.

To support the conclusions that were highlighted in the work, the authors used various sorts of evidence and reasoning. Therefore, the VAR model and a Granger causality test were used to obtain the data, which proved the inextricable relationship between the aviation industry and the economic side of regional development (Bai & Wu, 2022). Moreover, the literary review provides a substantial number of references to third-party research by other authors. This shows that in this way, the authors were able to minimize the value of bias in their article. To determine whether the data is accurate, it is enough to analyze how they are used in the study. All the mentioned resources have a solid evidence base and are implemented not as the primary source of information but as an addition to what the authors of the work are talking about.

Finally, it is worth noting the general impression that a typical audience may have and what they could take from the article after reading it. Consequently, because scientific work concerns a relatively narrow economic topic, it will be helpful to employees in the economic sphere. This is since a lot of attention is paid to the fact that this article focuses on the aviation industry and its impact on the gross domestic product, employment of individuals, and infrastructure development. Moreover, the authors of the study, analyzing the province in China, show the need for more remarkable development in this area to improve economic performance since the region has all the possibilities for this. The impression after this article should leave a positive impression after reading and become a source of valuable information.