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Applications of gravity models to evaluate and forecast US international air freight markets post-GFC

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  • Alexander, D.W.
  • Merkert, R.

Abstract

In addition to being the world's largest economy, the United States (US) has been the foremost driver of consumer spending, free trade and open skies policies. Trade-driven economic growth and air freight markets have been commonly linked in air transport research. Despite increased security after the 9/11 terrorist attacks, international air imports to the US has continued to grow at a rate faster than consumer spending.

Suggested Citation

  • Alexander, D.W. & Merkert, R., 2021. "Applications of gravity models to evaluate and forecast US international air freight markets post-GFC," Transport Policy, Elsevier, vol. 104(C), pages 52-62.
    • Handle: RePEc:eee:trapol:v:104:y:2021:i:c:p:52-62
    DOI: 10.1016/j.tranpol.2020.04.004
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    References listed on IDEAS

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    2. Lázaro Florido-Benítez, 2022. "The Safety-Hygiene Air Corridor between UK and Spain Will Coexist with COVID-19," Logistics, MDPI, vol. 6(3), pages 1-22, July.
    3. Nguyen, Quang Hai, 2024. "Modeling the volatility of international air freight: A case study of Singapore using the SARIMAX-EGARCH model," Journal of Air Transport Management, Elsevier, vol. 117(C).
    4. Li, Hongchang & Li, Junru & Zhao, Xiaojun & Kuang, Xujuan, 2022. "The morphological structure and influence factors analysis of China's domestic civil aviation freight transport network," Transport Policy, Elsevier, vol. 125(C), pages 207-217.
    5. Ashraf Mishrif & Alessandro Antimiani & Asharul Khan, 2024. "Examining the Contribution of Logistics and Supply Chain in Boosting Oman’s Trade Network," Economies, MDPI, vol. 12(3), pages 1-26, March.
    6. James Nolan & Zoe Laulederkind, 2022. "Plane to See? Empirical Analysis of the 1999–2006 Air Cargo Cartel," Advances in Airline Economics, in: The International Air Cargo Industry, volume 9, pages 241-262, Emerald Group Publishing Limited.
    7. He, Hang & Wu, Hanjun & Tsui, Kan Wai Hong & Wang, Biao & Fu, Xiaowen, 2024. "Spatiotemporal evolution of air cargo networks and its impact on economic development - An analysis of China's domestic market before and during the COVID-19 pandemic," Journal of Transport Geography, Elsevier, vol. 117(C).
    8. Nir Kaplan & Itzhak Omer, 2022. "Multiscale Accessibility—A New Perspective of Space Structuration," Sustainability, MDPI, vol. 14(9), pages 1-19, April.
    9. Di Zhang & Xinyuan Li & Chengpeng Wan & Jie Man, 2024. "A novel hybrid deep-learning framework for medium-term container throughput forecasting: an application to China’s Guangzhou, Qingdao and Shanghai hub ports," Maritime Economics & Logistics, Palgrave Macmillan;International Association of Maritime Economists (IAME), vol. 26(1), pages 44-73, March.
    10. Gizem Kaya & Umut Aydın & Burç Ülengin, 2023. "A Comparison of Forecasting Performance of PPML and OLS estimators: The Gravity Model in the Air Cargo Market," EKOIST Journal of Econometrics and Statistics, Istanbul University, Faculty of Economics, vol. 0(39), pages 112-128, December.
    11. Fageda, Xavier & Fioravanti, Reinaldo & Ricover, Andy & Café, Eduardo & Ansaldo, Mariano, 2023. "Econometric analysis of the determinants of air cargo services supply in Latin America and the Caribbean," Transport Policy, Elsevier, vol. 135(C), pages 33-44.
    12. Cheng-Hong Yang & Borcy Lee & Pey-Huah Jou & Yu-Fang Chung & Yu-Da Lin, 2023. "Analysis and Forecasting of International Airport Traffic Volume," Mathematics, MDPI, vol. 11(6), pages 1-19, March.

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