EconPapers    
Economics at your fingertips  
 

An equilibrium-based network model for international container flows

Dung-Ying Lin and Kuan-Ling Huang

Maritime Policy & Management, 2017, vol. 44, issue 8, 1034-1055

Abstract: The liner shipping industry is a highly complex system and is extremely sensitive to rapid changes in the environment. To facilitate decision-making in response to endogenous and exogenous shocks, this research develops a strategic network model based on equilibrium principles to analyze the international marine liner shipping network according to port charge, congestion level at the port, and load factor of the ship and estimates the possible container flows under different scenarios in the long run. The distribution model of container flows is extended from Beckmann's transformation. To calibrate the parameters employed in the model so that it offers greater fidelity in predicting container flows, we devise a descent direction-based heuristic. The proposed framework is empirically applied to various scenarios to validate the model and predict the flow pattern after significant events. By identifying these events’ potential impact on the maritime network, the presented model can help relevant stakeholders reduce uncertainty when shaping maritime policies so that they can seize opportunities to increase their competitiveness and maintain their advantage in the maritime market.

Date: 2017
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (6)

Downloads: (external link)
http://hdl.handle.net/10.1080/03088839.2017.1371855 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:taf:marpmg:v:44:y:2017:i:8:p:1034-1055

Ordering information: This journal article can be ordered from
http://www.tandfonline.com/pricing/journal/TMPM20

DOI: 10.1080/03088839.2017.1371855

Access Statistics for this article

Maritime Policy & Management is currently edited by Dr Kevin Li and Heather Leggate McLaughlin

More articles in Maritime Policy & Management from Taylor & Francis Journals
Bibliographic data for series maintained by Chris Longhurst ().

 
Page updated 2025-03-20
Handle: RePEc:taf:marpmg:v:44:y:2017:i:8:p:1034-1055