A Multinomial Probit Prediction of the Demand for Domestic Ocean Container Service

A Multinomial Probit Prediction of the Demand for Domestic Ocean Container Service

The model leads to the prediction that ocean containers may obtain a significant share of domestic freight transport in the United States.

Share Content

Share on facebook
Facebook
Share on google
Google+
Share on twitter
Twitter
Share on linkedin
LinkedIn

Related Articles

The Role of Wealth in Demand for International Air travel

The authors formulate and estimate a model of international air travel demand for Israel. Consumers’ wealth is found to be a significant determinant and failure to include it in the estimated equations yields price elasticities which are biased downward and income elasticities which are biased upward.

View Journal »

Demand Forecasting for New Local Rail Stations and Services

It is concluded that aggregate approaches to forecasting demand may be appropriate for cheap investments, such as new stations, or an initial assessment of a wide range of options. For detailed consideration of expensive investments, such as new rail services, disaggregate methods based on RP and or SP data should be considered.

View Journal »