Causal nexus between the transport and logistics sector and trade: The case of Australia
Although a number of studies have already been conducted on the economic impact of the development of the transport and logistics sector and international trade, these are regarded as two separated topics, and little has been done so far to study in depth the relationship between them. This paper seeks to shed light on this issue in the context of Australia. To this end, the vector autocorrelation (VAR) framework is employed to explore the causal relationship between Australia-China trade and the development of the Australian transport and logistics sector. This framework is then extended to allow for the effect of Australia's trade with the US, Japan, the rest of the world and other variables. Based on the analysis results, implications for the transport and logistics sector are discussed.
Volume (Year): 17 (2010)
Issue (Month): 3 (May)
|Contact details of provider:|| Web page: http://www.elsevier.com/wps/find/journaldescription.cws_home/30473/description#description|
|Order Information:|| Postal: http://www.elsevier.com/wps/find/supportfaq.cws_home/regional|
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Ben S. Bernanke, 1986.
"Alternative Explanations of the Money-Income Correlation,"
NBER Working Papers
1842, National Bureau of Economic Research, Inc.
- Bernanke, Ben S., 1986. "Alternative explanations of the money-income correlation," Carnegie-Rochester Conference Series on Public Policy, Elsevier, vol. 25(1), pages 49-99, January.
- Ernst G. Frankel, 1998. "China' maritime developments," Maritime Policy & Management, Taylor & Francis Journals, vol. 25(3), pages 235-249, January.
- Spiros Bougheas & Panicos Demetriades & Edgar Morgenroth, 1996.
"Infrastructure, Transport Costs and Trade,"
Keele Department of Economics Discussion Papers (1995-2001)
96/7, Department of Economics, Keele University.
- Rietveld, Piet & Boonstra, Jaap, 1995. "On the Supply of Network Infrastructure: Highways and Railways in European Regions," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 29(2), pages 207-20, May.
- World Bank, 2007. "World Development Indicators 2007," World Bank Publications, The World Bank, number 8150.
- Agata Antkiewicz & John Whalley, 2005.
"China's New Regional Trade Agreements,"
The World Economy,
Wiley Blackwell, vol. 28(10), pages 1539-1557, October.
- Whalley, John & Antkiewicz, Agata, 2004. "China's New Regional Trade Agreements," Working Papers 24155, Canadian Agricultural Trade Policy Research Network.
- Agata Antkiewicz & John Whalley, 2004. "China's New Regional Trade Agreements," NBER Working Papers 10992, National Bureau of Economic Research, Inc.
- David Alan Aschauer, 1990. "Why is infrastructure important?," Conference Series ; [Proceedings], Federal Reserve Bank of Boston, vol. 34, pages 21-68.
- Jacint Balaguer & Manuel Cantavella-Jorda, 2001. "Examining the export-led growth hypothesis for Spain in the last century," Applied Economics Letters, Taylor & Francis Journals, vol. 8(10), pages 681-685.
- Blanchard, Olivier Jean & Quah, Danny, 1989.
"The Dynamic Effects of Aggregate Demand and Supply Disturbances,"
American Economic Review,
American Economic Association, vol. 79(4), pages 655-73, September.
- Tom Doan, . "RATS programs to replicate Blanchard and Quah AER 1989," Statistical Software Components RTZ00017, Boston College Department of Economics.
- Olivier Jean Blanchard & Danny Quah, 1988. "The Dynamic Effects of Aggregate Demand and Supply Disturbances," NBER Working Papers 2737, National Bureau of Economic Research, Inc.
- Olivier Jean Blanchard & Danny Quah, 1988. "The Dynamic Effects of Aggregate Demand and Supply Disturbance," Working papers 497, Massachusetts Institute of Technology (MIT), Department of Economics.
- Tom Doan, . "BQDODRAWS: RATS procedure to implement Monte Carlo draws from a VAR with Blanchard-Quah factorization," Statistical Software Components RTS00030, Boston College Department of Economics.
- Dickey, David A & Fuller, Wayne A, 1981. "Likelihood Ratio Statistics for Autoregressive Time Series with a Unit Root," Econometrica, Econometric Society, vol. 49(4), pages 1057-72, June.
- Berndt, Ernst & Hansson, Bengt, 1992. "Measuring the Contribution of Capital in Sweden," Working Paper Series 365, Research Institute of Industrial Economics.
- Lau, Sau-Him Paul & Sin, Chor-Yiu, 1997. "Public Infrastructure and Economic Growth: Time-Series Properties and Evidence," The Economic Record, The Economic Society of Australia, vol. 73(221), pages 125-35, June.
- David Banister & Dominic Stead, 2004. "Impact of information and communications technology on transport," Transport Reviews, Taylor & Francis Journals, vol. 24(5), pages 611-632, January.
- Rietveld, Piet, 1989. "Infrastructure and Regional Development: A Survey of Multiregional Economic Models," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 23(4), pages 255-74.
- Alicia H. Munnell, 1990.
"How does public infrastructure affect regional economic performance?,"
Conference Series ; [Proceedings],
Federal Reserve Bank of Boston, vol. 34, pages 69-112.
- Alicia H. Munnell & Leah M. Cook, 1990. "How does public infrastructure affect regional economic performance?," New England Economic Review, Federal Reserve Bank of Boston, issue Sep, pages 11-33.
- Gramlich, Edward M, 1994. "Infrastructure Investment: A Review Essay," Journal of Economic Literature, American Economic Association, vol. 32(3), pages 1176-96, September.
- Pierre Cariou & Francois-Charles Wolff, 2006. "An Analysis of Bunker Adjustment Factors and Freight Rates in the Europe/Far East Market (2000–2004)," Maritime Economics and Logistics, Palgrave Macmillan, vol. 8(2), pages 187-201, June.
- Berndt, Ernst R & Hansson, Bengt, 1992. " Measuring the Contribution of Public Infrastructure Capital in Sweden," Scandinavian Journal of Economics, Wiley Blackwell, vol. 94(0), pages S151-68, Supplemen.
- Inmaculada Martinez-Zarzoso & Eva Maria Perez-Garcia & Celestino Suarez-Burguet, 2008. "Do transport costs have a differential effect on trade at the sectoral level?," Applied Economics, Taylor & Francis Journals, vol. 40(24), pages 3145-3157.
- Leigh B Boske & John C Cuttino, 2003. "Measuring the Economic and Transportation Impacts of Maritime-related Trade," Maritime Economics and Logistics, Palgrave Macmillan, vol. 5(2), pages 133-157, June.
- Jung-Yoon Lee & Jean-Paul Rodrigue, 2006. "Trade Reorientation and Its Effects on Regional Port Systems: The Korea-China Link along the Yellow Sea Rim," Growth and Change, Wiley Blackwell, vol. 37(4), pages 597-619.
- Sims, Christopher A, 1980. "Macroeconomics and Reality," Econometrica, Econometric Society, vol. 48(1), pages 1-48, January.
- Wilson,John S. & Mann, Catherine L. & Otsuki, Tsunehiro, 2003. "Trade facilitation and economic development : measuring the impact," Policy Research Working Paper Series 2988, The World Bank.
- Granger, C W J, 1969. "Investigating Causal Relations by Econometric Models and Cross-Spectral Methods," Econometrica, Econometric Society, vol. 37(3), pages 424-38, July.
- Christopher A. Sims, 1986. "Are forecasting models usable for policy analysis?," Quarterly Review, Federal Reserve Bank of Minneapolis, issue Win, pages 2-16.
When requesting a correction, please mention this item's handle: RePEc:eee:trapol:v:17:y:2010:i:3:p:135-146. See general information about how to correct material in RePEc.
If references are entirely missing, you can add them using this form.