کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
5052844 1371354 2014 9 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
An empirical analysis of Australian freight rail demand
ترجمه فارسی عنوان
تحلیل تجربی از تقاضای راه آهن استرالیا
موضوعات مرتبط
علوم انسانی و اجتماعی اقتصاد، اقتصادسنجی و امور مالی اقتصاد و اقتصادسنجی
چکیده انگلیسی

The impact of an unannounced shock in freight rate, international trade and business cycle on the non-bulk freight rail demand in Australia is examined by using a VAR model and an annual data set encompassing four decades (1970-2011). Results based on VAR, impulse response functions and variance decompositions suggest that freight rate and the volatility of the Australian dollar are the most dominant determinants. The availability of an alternative mode, such as road, could be attributed to this considerable response to the freight rate. Macroeconomic conditions favourable to bulk freight demand, such as a depreciated Australian dollar, have a similar impact on non-bulk rail freight.

ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Economic Analysis and Policy - Volume 44, Issue 1, March 2014, Pages 21-29
نویسندگان
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