The impact of direct air transportation link cross Taiwan Strait on air cargo transportation of China mainland, Taiwan, Hong Kong and Macao

摘要

With the trend of global trade to be an integral whole, the requirement ofeconomic development and the change of political situation between China mainlandand Taiwan, the air transportation cross the Taiwan Strait will be open gradually. Theopportunities and challenges have been taken by the adjustment of cross-strait airtransport policy and the realization of the normalization of air transportation.Taken air cargo transportation as an example, firstly, this paper reviews thehistory of cross-strait air transportation and the operation under the cross-strait airtransport policy in each period. Secondly, due to the change of cross-strait air cargotransport flow influences on the air transportation cost of relevant carriers and thethroughput of relevant airports, we analyze the impact of the cross-Straits direct airtransportation links on airlines and airports of not only China mainland and Taiwan,but also Hong Kong & Macao, the previous transit airports. Finally, due to theparticularity and significance of the cross-strait air transport policy for the market, weintroduce a dummy variable to explain it and to analyze its impact on the airtransportation in different periods quantitatively.