The Importance of Exchange Rate Analysis and the Terrorist Attack of September 11 on the Performance of the International Airborne Transportation sector of Passengers in Brazil

Detalhes bibliográficos
Autor(a) principal: Monçores, Paulo de Jesus
Data de Publicação: 2007
Outros Autores: Silva, Wesley Vieira da
Tipo de documento: Artigo
Idioma: por
eng
spa
Título da fonte: Revista Brasileira de Gestão de Negócios (Online)
Texto Completo: https://rbgn.fecap.br/RBGN/article/view/27
Resumo: The terrorists’ attacks using commercial aircrafts as mass destruction instruments in North American soil on 09/11/2001 caused great political and social-economic changes all over the world, bringing about a great deal of influence to several Brazilian economic sectors even nowadays. Common sense points out that this event made the crisis faced by airspace Brazilian industry since 1999 even worse, due to exchange dollar rate fluctuations. Through a population average comparison parametric test and using Pearson linear co relational coefficient, this work aims to demonstrate September 11th event and dollar exchange rate real influence over International Travels Expenses Account in Brazilian Balance of Payment and airborne passengers stream to USA before and after the terrorists attacks. The outcomes from statistics data reject null hypothesis of averages equality between international travels expenses and averages equality between boarded passengers to USA, before and after the event, with 95% trust level. By other hand, the Pearson linear co relational coefficient between dollar exchange rate and international travels expenses was 77, 83%, being significant in 5%.Key-words: Airborne transportation sector. Event study. Linear cor relational.
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spelling The Importance of Exchange Rate Analysis and the Terrorist Attack of September 11 on the Performance of the International Airborne Transportation sector of Passengers in BrazilAnálisis de la Importancia de la Tasa de Cambio y del Ataque Terrorista del 11 de Septiembre sobre el Desempeño del Transporte Aéreo Internacional de Pasajeros en BrasilAnálise da Importância da Taxa de Câmbio e do Ataque Terrorista de 11 de Setembro sobre o Desempenho do Transporte Aéreo Internacional de Passageiros no BrasilAirborne transportation sector. Event study. Linear cor relational.Sector de transporte aéreo. Estudio de evento. Correlación linear.etor de transporte aéreo. Estudo de evento. Correlação linear.The terrorists’ attacks using commercial aircrafts as mass destruction instruments in North American soil on 09/11/2001 caused great political and social-economic changes all over the world, bringing about a great deal of influence to several Brazilian economic sectors even nowadays. Common sense points out that this event made the crisis faced by airspace Brazilian industry since 1999 even worse, due to exchange dollar rate fluctuations. Through a population average comparison parametric test and using Pearson linear co relational coefficient, this work aims to demonstrate September 11th event and dollar exchange rate real influence over International Travels Expenses Account in Brazilian Balance of Payment and airborne passengers stream to USA before and after the terrorists attacks. The outcomes from statistics data reject null hypothesis of averages equality between international travels expenses and averages equality between boarded passengers to USA, before and after the event, with 95% trust level. By other hand, the Pearson linear co relational coefficient between dollar exchange rate and international travels expenses was 77, 83%, being significant in 5%.Key-words: Airborne transportation sector. Event study. Linear cor relational.Los ataques terroristas cometidos en los EUA el 11/09/2001, que utilizaron como instrumento de destrucción aeronaves comerciales, provocaron grandes cambios políticos y socioeconómicos en todo el mundo, con reflejos que hasta el momento tienen influencia sobre muchos sectores de la economía brasileña. El sentido común indica que este evento agudizó la crisis que afectaba al sector aéreo brasileño desde 1999, en gran parte debido a las oscilaciones en la tasa de cambio de real para dólar norteamericano. Por medio del test paramétrico de diferencias entre medias poblacionales y del coeficiente de correlación linear de Pearson este trabajo se propone demostrar la real influencia del 11 de Septiembre y de la tasa de cambio, sobre la cuenta Viajes Internacionales del balance de pagos brasileño, como también del flujo de pasajeros de transporte aéreo con destino a los EUA antes y después del ataque terrorista. Los resultados estimados a partir de las estadísticas mencionadas rechazaron la hipótesis nula de igualdad de medias entre los gastos con viajes internacionales antes y después del evento, como también se rechazó la misma hipótesis para la cantidad de pasajeros embarcados hacia los EUA con grado de confianza del 95%. Por otro lado, el coeficiente de correlación linear de Pearson entre la tasa de cambio de real por dólares norteamericanos y los gastos con viajes fue igual a -77,83%, siendo significativo en  5%.Palabras clave: Sector de transporte aéreo. Estudio de evento. Correlación linear.Os ataques terroristas cometidos nos EUA em 11/09/2001, utilizando como instrumento de destruição aeronaves comerciais, causaram grandes mudanças políticas e sócio-econômicas em todo o mundo, com reflexos que influenciam até hoje muitos setores da economia brasilei-ra. O senso comum indica que este evento aprofundou a crise pela qual o setor aéreo brasileiro vinha passando desde 1999, em grande parte devido às oscilações da taxa de câmbio real por dólares norte-americanos. Através do teste paramétrico de diferenças entre médias populacio-nais, bem como coeficiente de correlação linear de Pearson este trabalho tem como objetivo demonstrar a real influência do 11 de Setembro e da taxa de câmbio, sobre a conta Viagens Internacionais do balanço de pagamentos brasileiro, bem como do fluxo de passageiros de transporte aéreo com destino aos EUA antes e depois do ataque terrorista. Os resultados aufe-ridos a partir das estatísticas citadas rejeitaram a hipótese nula de igualdade de médias entre as despesas com viagens internacionais antes e depois do evento, bem como se rejeitou a mesma hipótese para a quantidade de passageiros embarcados para os EUA ao nível de confiança de 95%. Por outro lado, o coeficiente de correlação linear de Pearson entre a taxa de câmbio real por dólares norte-americanos e as despesas com viagens foi igual a -77,83%, sendo significa-tivo em 5%. Palavras-chave: Setor de transporte aéreo. Estudo de evento. Correlação linear.FECAP2007-07-19info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionAvaliado por paresapplication/pdfapplication/pdfapplication/pdfhttps://rbgn.fecap.br/RBGN/article/view/2710.7819/rbgn.v6i16.27Review of Business Management; Vol. 6 No. 16 (2004); 43-54RBGN Revista Brasileira de Gestão de Negócios; Vol. 6 Núm. 16 (2004); 43-54RBGN - Revista Brasileira de Gestão de Negócios; v. 6 n. 16 (2004); 43-541983-08071806-4892reponame:Revista Brasileira de Gestão de Negócios (Online)instname:Fundação Escola de Comércio Álvares Penteado (FECAP)instacron:FECAPporengspahttps://rbgn.fecap.br/RBGN/article/view/27/25https://rbgn.fecap.br/RBGN/article/view/27/329https://rbgn.fecap.br/RBGN/article/view/27/330Copyright (c) 2014 Review of Business Managementinfo:eu-repo/semantics/openAccessMonçores, Paulo de JesusSilva, Wesley Vieira da2008-12-10T14:12:18Zoai:ojs.emnuvens.com.br:article/27Revistahttp://rbgn.fecap.br/RBGN/indexhttps://rbgn.fecap.br/RBGN/oai||jmauricio@fecap.br1983-08071806-4892opendoar:2008-12-10T14:12:18Revista Brasileira de Gestão de Negócios (Online) - Fundação Escola de Comércio Álvares Penteado (FECAP)false
dc.title.none.fl_str_mv The Importance of Exchange Rate Analysis and the Terrorist Attack of September 11 on the Performance of the International Airborne Transportation sector of Passengers in Brazil
Análisis de la Importancia de la Tasa de Cambio y del Ataque Terrorista del 11 de Septiembre sobre el Desempeño del Transporte Aéreo Internacional de Pasajeros en Brasil
Análise da Importância da Taxa de Câmbio e do Ataque Terrorista de 11 de Setembro sobre o Desempenho do Transporte Aéreo Internacional de Passageiros no Brasil
title The Importance of Exchange Rate Analysis and the Terrorist Attack of September 11 on the Performance of the International Airborne Transportation sector of Passengers in Brazil
spellingShingle The Importance of Exchange Rate Analysis and the Terrorist Attack of September 11 on the Performance of the International Airborne Transportation sector of Passengers in Brazil
Monçores, Paulo de Jesus
Airborne transportation sector. Event study. Linear cor relational.
Sector de transporte aéreo. Estudio de evento. Correlación linear.
etor de transporte aéreo. Estudo de evento. Correlação linear.
title_short The Importance of Exchange Rate Analysis and the Terrorist Attack of September 11 on the Performance of the International Airborne Transportation sector of Passengers in Brazil
title_full The Importance of Exchange Rate Analysis and the Terrorist Attack of September 11 on the Performance of the International Airborne Transportation sector of Passengers in Brazil
title_fullStr The Importance of Exchange Rate Analysis and the Terrorist Attack of September 11 on the Performance of the International Airborne Transportation sector of Passengers in Brazil
title_full_unstemmed The Importance of Exchange Rate Analysis and the Terrorist Attack of September 11 on the Performance of the International Airborne Transportation sector of Passengers in Brazil
title_sort The Importance of Exchange Rate Analysis and the Terrorist Attack of September 11 on the Performance of the International Airborne Transportation sector of Passengers in Brazil
author Monçores, Paulo de Jesus
author_facet Monçores, Paulo de Jesus
Silva, Wesley Vieira da
author_role author
author2 Silva, Wesley Vieira da
author2_role author
dc.contributor.author.fl_str_mv Monçores, Paulo de Jesus
Silva, Wesley Vieira da
dc.subject.por.fl_str_mv Airborne transportation sector. Event study. Linear cor relational.
Sector de transporte aéreo. Estudio de evento. Correlación linear.
etor de transporte aéreo. Estudo de evento. Correlação linear.
topic Airborne transportation sector. Event study. Linear cor relational.
Sector de transporte aéreo. Estudio de evento. Correlación linear.
etor de transporte aéreo. Estudo de evento. Correlação linear.
description The terrorists’ attacks using commercial aircrafts as mass destruction instruments in North American soil on 09/11/2001 caused great political and social-economic changes all over the world, bringing about a great deal of influence to several Brazilian economic sectors even nowadays. Common sense points out that this event made the crisis faced by airspace Brazilian industry since 1999 even worse, due to exchange dollar rate fluctuations. Through a population average comparison parametric test and using Pearson linear co relational coefficient, this work aims to demonstrate September 11th event and dollar exchange rate real influence over International Travels Expenses Account in Brazilian Balance of Payment and airborne passengers stream to USA before and after the terrorists attacks. The outcomes from statistics data reject null hypothesis of averages equality between international travels expenses and averages equality between boarded passengers to USA, before and after the event, with 95% trust level. By other hand, the Pearson linear co relational coefficient between dollar exchange rate and international travels expenses was 77, 83%, being significant in 5%.Key-words: Airborne transportation sector. Event study. Linear cor relational.
publishDate 2007
dc.date.none.fl_str_mv 2007-07-19
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dc.relation.none.fl_str_mv https://rbgn.fecap.br/RBGN/article/view/27/25
https://rbgn.fecap.br/RBGN/article/view/27/329
https://rbgn.fecap.br/RBGN/article/view/27/330
dc.rights.driver.fl_str_mv Copyright (c) 2014 Review of Business Management
info:eu-repo/semantics/openAccess
rights_invalid_str_mv Copyright (c) 2014 Review of Business Management
eu_rights_str_mv openAccess
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dc.publisher.none.fl_str_mv FECAP
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dc.source.none.fl_str_mv Review of Business Management; Vol. 6 No. 16 (2004); 43-54
RBGN Revista Brasileira de Gestão de Negócios; Vol. 6 Núm. 16 (2004); 43-54
RBGN - Revista Brasileira de Gestão de Negócios; v. 6 n. 16 (2004); 43-54
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