Demand for port traffic by type of good in Spain: 1995.I-2007.IV

This research analyses the demand functions for imports and exports of Spanish ports by type of good for the period 1995.I-2007.IV. From a conventional theoretical model, basic hypotheses are formulated regarding the behaviour of traded goods prices, transport prices and the different levels of inco...

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Veröffentlicht in:Maritime economics & logistics 2013-12, Vol.15 (4), p.444-466
Hauptverfasser: Coto-Millán, Pablo, Casares-Hontañón, Pedro, Castanedo, Juan, Inglada, Vicente, Mateo-Mantecón, Ingrid, Ángel Pesquera, Miguel, Sainz-González, Rubén
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container_end_page 466
container_issue 4
container_start_page 444
container_title Maritime economics & logistics
container_volume 15
creator Coto-Millán, Pablo
Casares-Hontañón, Pedro
Castanedo, Juan
Inglada, Vicente
Mateo-Mantecón, Ingrid
Ángel Pesquera, Miguel
Sainz-González, Rubén
description This research analyses the demand functions for imports and exports of Spanish ports by type of good for the period 1995.I-2007.IV. From a conventional theoretical model, basic hypotheses are formulated regarding the behaviour of traded goods prices, transport prices and the different levels of income. The use of cointegration econometric techniques for estimating short- and long-term maritime demand functions of imports and exports give us the possibility to obtain the price elasticities of traded goods, the price elasticity of the shipping service and also the income elasticity. In general terms, all elasticities conform to the hypotheses (positive for income and negative for traded product prices and transport prices). The results can be used to assess the effects of price fluctuations on the volume of imports and exports and, hence, to carry out forecasts on international trade and maritime transport.
doi_str_mv 10.1057/mel.2013.17
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subjects Animals
Beverages
Business and Management
Demand analysis
Econometrics
Economic crisis
Exports
Food
Imports
Income
International trade
Logistics
Marine transportation
Oils & fats
Operations Management
Original Article
Ports
Price elasticity
Price levels
Studies
Tobacco
Vegetable oils
title Demand for port traffic by type of good in Spain: 1995.I-2007.IV
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