Use of Freight Production Functions to Identify Outliers in the Commodity Flow Survey Data
Jose Holguin-Veras,
Shama Campbell and
Lokesh Kalahasthi
CES Technical Notes Series from Center for Economic Studies, U.S. Census Bureau
Abstract:
This research aims at analyzing the Commodity Flow Survey (CFS) data across various years (1993, 1997, and 2007), develop methodologies to identify outliers, and to improve freight planning and modeling to help in policy development to make the freight system more efficient and sustainable. To this end, the team has developed freight production models that estimate the amount (in pounds per year) of cargo produced by the firms as a function of number of employees, industry sector, and geography. Using the most significant model the firms that behave eccentric with respect to freight compared to other firms in the same industry (at 2 digit North American Industry Classification System, NAICS) were identified. The results are presented in the form of summary tables showing the total number of firms, number of outliers per industry sector and percentage of outliers per industry sector. The results show that there is a need for further exploration into current sample and survey design to ensure realistic coverage of the variations in the predominant freight indicators such as firm size, sector, and geography.
Keywords: CFS; LBD (search for similar items in EconPapers)
Date: 2017-10
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Persistent link: https://EconPapers.repec.org/RePEc:cen:tnotes:17-08
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