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Analysis of Factors Affecting Freight Demand Based on Input-Output Model

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  • Changxiang Lu
  • Shaochuan Fu
  • Jiaqi Fang
  • Jikai Huang
  • Yong Ye
  • Arunava Majumder

Abstract

Freight demand is a highly variable process over economic and industrial structure, and accurate freight demand forecasting is the basis of transportation planning. In order to clarify the influencing factors of freight volume so as to analyze and predict the change trend of freight volume accurately, this paper analyzes the impact of changes in economic, industrial structure, and complete consumption coefficients on freight demand, through constructing an input-output model for transportation value analysis and forecasting freight volume by fitting data of transportation value and freight traffic. Studies have shown that the growth in economic aggregate is the main reason for the increase in the value of transportation, and the change in the complete consumption coefficient is the main reason for the increase in freight traffic.

Suggested Citation

  • Changxiang Lu & Shaochuan Fu & Jiaqi Fang & Jikai Huang & Yong Ye & Arunava Majumder, 2021. "Analysis of Factors Affecting Freight Demand Based on Input-Output Model," Mathematical Problems in Engineering, Hindawi, vol. 2021, pages 1-19, March.
    • Handle: RePEc:hin:jnlmpe:5581742
    DOI: 10.1155/2021/5581742
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    Cited by:

    1. Galina Ševčenko-Kozlovska & Kristina Čižiūnienė, 2022. "The Impact of Economic Sustainability in the Transport Sector on GDP of Neighbouring Countries: Following the Example of the Baltic States," Sustainability, MDPI, vol. 14(6), pages 1-26, March.

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