Predicting freight flows in a globalising world

Johannes Bröcker, Artem Korzhenevych () and Marie-Catherine Riekhof

Research in Transportation Economics, 2011, vol. 31, issue 1, 37-44

Abstract: In this paper we suggest a methodology to predict commodity specific transportation flows that brings together data in value and in quantity terms in a consistent way. The approach is based on the modern gravity formulation. There are three driving forces of the transport flows dynamics: economic growth, the ongoing globalization (reduction of trade barriers), and the changing commodity composition of trade, whereby the evolution of value-to-weight ratios is explicitly taken into account. The methodology is applied to forecast the interregional trade flows in Europe.

Keywords: Interregional; trade; Transport; flows; Globalization; Gravity; model (search for similar items in EconPapers)
Date: 2011
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Citations: View citations in EconPapers (3)

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