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Effects of Extreme Weather and Economic Factors on Freight Transportation

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  • Hsing-Chung Chu

Abstract

The objective of this paper is to examine the impact of changes in extreme weather conditions and economic factors on freight transportation in Taiwan. To explore the effect of climate variability such as the increasing frequency and intensity of precipitation and typhoons, a climate-related freight prediction model using time series data is presented. Empirical results indicate that severe typhoons with extremely torrential rains show a significant influence on freight movements. In addition, the gross domestic product, changes in oil prices, and events of regional and global economic crises also significantly influence freight movements. Based on the findings of the analyses, some recommendations for reducing the vulnerability of freight sectors to climate change are proposed.

Suggested Citation

  • Hsing-Chung Chu, 2016. "Effects of Extreme Weather and Economic Factors on Freight Transportation," Advances in Management and Applied Economics, SCIENPRESS Ltd, vol. 6(1), pages 1-6.
    • Handle: RePEc:spt:admaec:v:6:y:2016:i:1:f:6_1_6
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    Cited by:

    1. Theodoros N. Chatzivasileiadis & Marjan W. Hofkes & Onno J. Kuik & Richard S.J. Tol, 2016. "Full economic impacts of sea level rise: loss of productive resources and transport disruptions," Working Paper Series 09916, Department of Economics, University of Sussex Business School.
    2. Theodoros N. Chatzivasileiadis & Marjan W. Hofkes & Onno J. Kuik & Richard S.J. Tol, 2016. "Full economic impacts of sea level rise: loss of productive resources and transport disruptions," Working Paper Series 9916, Department of Economics, University of Sussex.
    3. Tariqur Rahman Bhuiyan & Ah Choy Er & Nurfashareena Muhamad & Joy Jacqueline Pereira, 2021. "The socioeconomic impact of climate-related hazards: flash flood impact assessment in Kuala Lumpur, Malaysia," Natural Hazards: Journal of the International Society for the Prevention and Mitigation of Natural Hazards, Springer;International Society for the Prevention and Mitigation of Natural Hazards, vol. 109(2), pages 1509-1538, November.

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