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Freight Transportation Demands on the Upper Mississippi and Illinois Rivers

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  • Yu, Tun-Hsiang
  • Zhang, Jin

Abstract

This paper estimates structural demands for grain transportation on the upper Mississippi and Illinois Rivers. Grain is the predominant commodity transported on these waterways. Analysis indicates Seemingly Unrelated Regression (SUR) to be a superior method for estimating each waterway’s structural demand. Results show rates, foreign and domestic demands, floods, season, and river water level influence demands. Further, the analysis suggests that a detailed analysis of river freight demand is a necessary precursor of a defendable study into the economic feasibility of improving transportation infrastructure on the upper Mississippi and Illinois Rivers.

Suggested Citation

  • Yu, Tun-Hsiang & Zhang, Jin, 2006. "Freight Transportation Demands on the Upper Mississippi and Illinois Rivers," Journal of the Transportation Research Forum, Transportation Research Forum, vol. 45(2).
    • Handle: RePEc:ags:ndjtrf:206793
    DOI: 10.22004/ag.econ.206793
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    References listed on IDEAS

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    1. Babcock, Michael W. & German, Wade, 1983. "Forecast of Water Carrier Demand to 1985," 24th Annual Transportation Research Forum, Arlington, Virginia, November 2-5, 1983 311593, Transportation Research Forum.
    2. Fruin, Jerry E. & Tiffany, Douglas G., 2002. "Where Does Minnesota'S Grain Crop Go? An Analysis Of Minnesota Elevator Grain Shipments For The Period, 7/99-6/00," Staff Papers 13513, University of Minnesota, Department of Applied Economics.
    3. Davidson, Russell & MacKinnon, James G., 1993. "Estimation and Inference in Econometrics," OUP Catalogue, Oxford University Press, number 9780195060119.
    4. Yu, Tun-Hsiang & Fuller, Stephen W., 2005. "The Measurement of Grain Barge Demand on Inland Waterways: A Study of the Mississippi River," Journal of the Transportation Research Forum, Transportation Research Forum, vol. 44(01).
    5. Miljkovic, Dragan & Price, Gregory K. & Hauser, Robert J. & Algozin, Kenneth A., 2000. "The barge and rail freight market for export-bound grain movement from midwest to Mexican Gulf: an econometric analysis," Transportation Research Part E: Logistics and Transportation Review, Elsevier, vol. 36(2), pages 127-137, June.
    6. Jerry Hausman, 2015. "Specification tests in econometrics," Applied Econometrics, Russian Presidential Academy of National Economy and Public Administration (RANEPA), vol. 38(2), pages 112-134.
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    Cited by:

    1. Babcock, Michael W. & Fuller, Stephen, 2007. "A Model of Corn and Soybean Shipments on the Ohio River," Journal of the Transportation Research Forum, Transportation Research Forum, vol. 46(2).
    2. Kruse, John & Fellin, Luis & Fuller, Stephen & Womack, Abner, 2007. "Analyses of the Upper Mississippi and Illinois Rivers as Grain Transport Arteries: A Spatial Equilibrium Analyses," 48th Annual Transportation Research Forum, Boston, Massachusetts, March 15-17, 2007 207923, Transportation Research Forum.
    3. Babcock, Michael W. & Fuller, Stephen, 2007. "A Model Of Corn And Soybean Shipments On The Ohio River," 48th Annual Transportation Research Forum, Boston, Massachusetts, March 15-17, 2007 207924, Transportation Research Forum.

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