The Measurement of Grain Barge Demand on Inland Waterways: A Study of the Mississippi River

Tun-hsiang Yu and Stephen W. Fuller

Journal of the Transportation Research Forum, 2005, vol. 44, issue 01

Abstract: This paper attempts to estimate structural demand for grain barge transportation on the upper Mississippi River. Results suggest an inelastic demand for grain barge transportation on the upper Mississippi in the short run while the price elasticity increases to 1.0 in the longer run. Additionally, foreign grain demand and domestic grain consumption are found to influence grain barge demand. Also, the winter season and floods affect demand negatively. Hausman’s specifi cation test shows the ordinary least square and two-stage least square estimates are statistically invariant.

Keywords: Demand and Price Analysis; Industrial Organization (search for similar items in EconPapers)
Date: 2005
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Citations: View citations in EconPapers (8)

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Persistent link: https://EconPapers.repec.org/RePEc:ags:ndjtrf:206744

DOI: 10.22004/ag.econ.206744

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