Table 1. Variable description and source

Category Variable name Variable Definition Data Source
Dependent variables Export volume Air cargo export volume departing from Incheon International Airport to partner countries (Unit: ton) Incheon International Airport Corporation
Import volume Air cargo import volume arriving at Incheon International Airport from partner countries (Unit: ton) Incheon International Airport Corporation
Independent variables Korea GDP Korea's GDP, indicating trade competitiveness (Unit: $) World bank
Partner country GDP Partner country’s trade competitiveness (Unit: $) World bank
Korea GDP per capita Korea's GDP per capita, reflecting high-value-added product consumption patterns World bank
Partner country GDP per capita Partner country’s GDP per capita, reflecting high-value-added product consumption patterns (Unit: $) World bank
Korea exchange rate Korea's exchange rate, reflecting currency value (Unit: $) World bank
Partner country exchange rate Partner country’s exchange rate, reflecting currency value (Unit: $) World bank
International oil prices Variable influencing overall transportation costs, including air freight (Unit: $) Korea National Oil Corporation
Distance Gravity model variable; flight distance from Korea to the capital city of partner countries (Unit: km) CIA
Population Gravity model variable; annual population of partner countries, indicating relationship with air trade volume (Unit: person) World bank
Country area Development of air transportation relative to land area (Unit: sq km) CIA
Number of airports Number of airports in partner countries (Unit: airports) CIA