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The Demand for Maritime Transport: A Nonlinearity and Chaos Study

In: Essays on Port Economics

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  • Lucía Inglada-Pérez

    (UNED)

Abstract

This paper studies the existence of non-linear dynamics and chaos in the Spanish maritime transport services for the period 1992–2007. Using monthly time series data and the Box-Jenkins approach for time series analysis as a preparatory step in order to obtain linear model and applying the BDS test to residuals obtained, we find that a number of sea traffic series – total cargo, solid bulk, liquid bulk, containered and non containered general cargo – do not show significant nonlinear dependence and hence chaos cannot be inferred.

Suggested Citation

  • Lucía Inglada-Pérez, 2010. "The Demand for Maritime Transport: A Nonlinearity and Chaos Study," Contributions to Economics, in: Pablo Coto-Millán & Miguel Angel Pesquera & Juan Castanedo (ed.), Essays on Port Economics, pages 73-92, Springer.
    • Handle: RePEc:spr:conchp:978-3-7908-2425-4_6
    DOI: 10.1007/978-3-7908-2425-4_6
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