The relationship between freight transport and economic development: A case study of China

Wang, Hui; Han, Jiaying; Min, Su; Wan, Shulin; Zhang, Zhenchao

doi:10.1016/j.retrec.2020.100885

Cited by 44 publications

(27 citation statements)

References 19 publications

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“…One strand of studies examines the impact of COVID-19 on different industries, such as Mishra and Rampal [18] , Okoi and Bwawa [21] for medical industry, Fezzi and Fanghella [9] for electricity industry, Sigala [25] and Lee and Chen [12] for tourism industry, Wang et al. [28] for insurance industry, and Liu et al. [14] for energy industry, Vidya and Prabheesh [27] for trade industry, and Yu et al.…”

Section: Introductionmentioning

confidence: 99%

The impact of COVID-19 on freight transport: Evidence from China

Ho¹,

Xing²,

Wu³

2021

MethodsX

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Using a monthly panel data of 13 Chinese provinces (cities) over the period from December 2019 to August 2020, this research investigates the impact of COVID-19 on the freight transport. We find that COVID-19 has a positive impact on the road freight transport turnover. This effect is pronounced under the higher numbers of COVID-19 confirmed cases and the lower level of gasoline production, and vice versa. In brief, This study finds that COVID-19 has a positive impact on the road freight transport turnover. This effect is pronounced under the higher numbers of COVID-19 confirmed cases and the lower level of gasoline production, and vice versa.

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Section: Introductionmentioning

confidence: 99%

The impact of COVID-19 on freight transport: Evidence from China

Ho¹,

Xing²,

Wu³

2021

MethodsX

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“…eir research concluded that GDP and crude oil production are the most important factors affecting freight. Wang et al [30] analyzed the relationship between freight demand and economic development. ey believe that China's overall economic development is decoupled from freight development, and the intensity of transportation is declining.…”

Section: Factors Affecting Freightmentioning

confidence: 99%

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

Fang

et al. 2021

Mathematical Problems in Engineering

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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.

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“…Here, the main objective was to identify the influential factors [30][31][32][33] and explain an interrelation between logistics and economy [34][35][36][37]. In contrast, other studies have investigated the impact of transport and logistics in investigating similar relationships [12][13][14]. For example, researchers in those studies analyzed multiple associations, including the interrelationship between traffic turnover volume, freight volume, and economic growth [38,39]; relating the port capacity to the total value of import and export; linking external trade to economic growth [13,16,24]; and associating logistics services to economic activity [40].…”

Section: Review Of the Literaturementioning

confidence: 99%

“…Some researchers observed logistics in exploring similar relationships [9][10][11]. In contrast, the other empiricists investigated the impact of transport and logistics on economic growth [12][13][14]. Besides, few scholars have also focused on logistics infrastructure and its positive relationship with economic growth [15][16][17].…”

Section: Introductionmentioning

confidence: 99%

A Correlative Analysis of Modern Logistics Industry to Developing Economy Using the VAR Model: A Case of Pakistan

Hanif

Baig

et al. 2020

Journal of Advanced Transportation

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The modern logistics industry has opened new strategic perspectives in establishing its interrelation with economic growth. In recent years, understanding such an overlap has become a policy issue considering ever-increasing factors and their influence on this relation. Most existing studies have explored this interaction from a general perspective, or for developed countries. This paper explores time-series analysis of the dynamic variables and their inter-related influence in both the short and long run on the relationship between modern logistic industry and economic growth—a more specific perspective, particularly for developing countries. Accordingly, we exemplify our analysis by employing the vector autoregression (VAR) model to the most updated time series data of investment in the logistics industry and the economic growth of Pakistan from 1990 to 2018. The empirical findings endorse the previous studies’ outcomes and recognize the importance of sustainable economic development concerning continuously improving the logistics industry. However, a unidirectional relation is observed that economic growth leads to developing the logistics industry—economic growth exerts a significant demand-pull effect on Pakistan’s logistics. It implies that logistic industrial development is comparatively quicker in the geographical areas where economic growth is higher than those areas where economic growth is low. To conclude this study’s findings, logistics industry reforms should prioritize the selected geographical areas in improving the economy that would lead to the modern logistics industry’s development. As the model adopts Pakistan’s context, the overall statistical analysis can be generalized to other developing economies. These results would be of particular interest to strategy makers working in developing countries and help them design and develop modern transportation and logistics, coupled with interlinked technological factors, which would attract investment in the logistics industry for sustainable economic development.

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The relationship between freight transport and economic development: A case study of China

Cited by 44 publications

References 19 publications

The impact of COVID-19 on freight transport: Evidence from China

The impact of COVID-19 on freight transport: Evidence from China

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

A Correlative Analysis of Modern Logistics Industry to Developing Economy Using the VAR Model: A Case of Pakistan

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