Refer to Chung, J. Y. and T. Whang, 2011, “The Impact of Low Cost Carriers on Korean Island Tourism”
Question: Refer to Chung, J. Y. and T. Whang, 2011, “The Impact of Low Cost Carriers on Korean
Island Tourism”, Journal of Transport Geography, 19, pp. 1335-1340.
The authors use a dummy variable entitled “LCC Entrance” to capture the effect of the LCC entrance in the Jeju Island. Describe the nature of this variable. What does it look like (see pg. 1337)?
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Deliverables: Word Document
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(See Solution) Refer to Chung, J. Y. and T. Whang, 2011, “The Impact of Low Cost Carriers on Korean Island Tourism” #28516
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