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The Measurement of Grain Barge Demand on Inland Waterways: A Study of the Mississippi River

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  • Yu, Tun-Hsiang
  • Fuller, Stephen W.

Abstract

This paper attempts to estimate structural demand for grain barge transportation on the upper Mississippi River. Results suggest an inelastic demand for grain barge transportation on the upper Mississippi in the short run while the price elasticity increases to 1.0 in the longer run. Additionally, foreign grain demand and domestic grain consumption are found to influence grain barge demand. Also, the winter season and floods affect demand negatively. Hausman’s specifi cation test shows the ordinary least square and two-stage least square estimates are statistically invariant.

Suggested Citation

  • Yu, Tun-Hsiang & Fuller, Stephen W., 2005. "The Measurement of Grain Barge Demand on Inland Waterways: A Study of the Mississippi River," Journal of the Transportation Research Forum, Transportation Research Forum, vol. 44(01).
    • Handle: RePEc:ags:ndjtrf:206744
    DOI: 10.22004/ag.econ.206744
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    References listed on IDEAS

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    Cited by:

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    3. Chi, Junwook & Baek, Jungho, 2012. "Price and income elasticities of demand for air transportation: Empirical evidence from US airfreight industry," Journal of Air Transport Management, Elsevier, vol. 20(C), pages 18-19.
    4. Babcock, Michael W. & Fuller, Stephen, 2007. "A Model of Corn and Soybean Shipments on the Ohio River," Journal of the Transportation Research Forum, Transportation Research Forum, vol. 46(2).
    5. Kruse, John & Fellin, Luis & Fuller, Stephen & Womack, Abner, 2007. "Analyses of the Upper Mississippi and Illinois Rivers as Grain Transport Arteries: A Spatial Equilibrium Analyses," 48th Annual Transportation Research Forum, Boston, Massachusetts, March 15-17, 2007 207923, Transportation Research Forum.
    6. Train, Kenneth & Wilson, Wesley W., 2007. "Spatially Generated Transportation Demands," Research in Transportation Economics, Elsevier, vol. 20(1), pages 97-118, January.
    7. Chi, Junwook & Baek, Jungho, 2011. "Demand Analysis for Coal on the United States Inland Waterway System: Fully‐Modified Cointegration (FM‐OLS) Approach," Journal of the Transportation Research Forum, Transportation Research Forum, vol. 50(01).
    8. Babcock, Michael W. & Fuller, Stephen, 2007. "A Model Of Corn And Soybean Shipments On The Ohio River," 48th Annual Transportation Research Forum, Boston, Massachusetts, March 15-17, 2007 207924, Transportation Research Forum.

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