
@article{ref1,
title="Assessing the impact of the September 11 terrorist attacks on U.S. airline demand",
journal="J Econ Bus",
year="2005",
author="Ito, Harumi and Lee, Darin",
volume="57",
number="1",
pages="75-95",
abstract="This paper assesses the impact of the September 11 terrorist attacks and its after-effects on U.S. airline demand. Using monthly time-series data from 1986 to 2003, we find that September 11 resulted in both a negative transitory shock of over 30% and an ongoing negative demand shock amounting to roughly 7.4% of pre-September 11 demand. This ongoing demand shock has yet to dissipate (as of November 2003) and cannot be explained by economic, seasonal, or other factors.<br><br>Copyright © 2004 Elsevier Inc. All rights reserved.<p /> <p>Language: en</p>",
language="en",
issn="0148-6195",
doi="10.1016/j.jeconbus.2004.06.003",
url="http://dx.doi.org/10.1016/j.jeconbus.2004.06.003"
}