Solution) 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.

How do we interpret the coefficient of LCC Entrance? Does it allow for a change in the intercept term or coefficient estimates in the regression model?

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