2012
DOI: 10.5399/osu/jtrf.50.1.2671
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Demand Analysis for Coal on the United States Inland Waterway System: Fully Modified Cointegration (FM-OLS) Approach

Abstract: The Phillip-Hansen fully-modified cointegration (FM-OLS) approach is applied to examine the dynamic relationship between demand for coal barge transportation, and explanatory variables such as barge and rail rates, domestic coal consumption and production, and coal exports. The results provide strong evidence that there exists a long-run equilibrium relationship between demand for coal barge transportation and the selected variables. It is also found that, in the long-run, the domestic coal consumption and coa… Show more

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Cited by 2 publications
(1 citation statement)
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“…Predictive modeling specifically for coal has been conducted for the inland waterway system. One such model incorporates transportation rates, coal production, coal consumption, and coal exports to model the predicted demand for barge transportation on the inland waterway system (14). This model was designed to help planners and policy makers plan for infrastructure improvements and maximize the efficiency of the existing network.…”
Section: Intermodal Network Modelingmentioning
confidence: 99%
“…Predictive modeling specifically for coal has been conducted for the inland waterway system. One such model incorporates transportation rates, coal production, coal consumption, and coal exports to model the predicted demand for barge transportation on the inland waterway system (14). This model was designed to help planners and policy makers plan for infrastructure improvements and maximize the efficiency of the existing network.…”
Section: Intermodal Network Modelingmentioning
confidence: 99%