An Analysis of the Co-Integration Relationship between Port Logistics and Economic Growth in the Ningbo Region
In order to clarify the relationship between port logistics and economic growth, based on data of port logistics and economic development in Ningbo from 1990 to 2013, the dynamic correlation and causality between Ningbo’s port logistics and economic growth has been analyzed via co-integration and Granger test. The empirical results reveal that there is a long-run stationary relation between port logistics and economic growth in Ningbo; and a unidirectional causality between the both, namely, both cargo throughput and container throughput of Ningbo port are Granger causes of economic growth, and container throughput is Granger cause of cargo throughput, not vice versa. According to the experimental results, conclusions and suggestions are put forward from the sustainable level.
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Supplemental Notes:
- © 2015 American Society of Civil Engineers.
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Corporate Authors:
American Society of Civil Engineers
1801 Alexander Bell Drive
Reston, VA United States 20191-4400 -
Authors:
- Li, Hua
- Jiang, Guiyan
- Wu, Lei
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Conference:
- Fifth International Conference on Transportation Engineering
- Location: Dalian , China
- Date: 2015-9-26 to 2015-9-27
- Publication Date: 2015-9
Language
- English
Media Info
- Media Type: Web
- Features: References;
- Pagination: pp 955-962
- Monograph Title: ICTE 2015
Subject/Index Terms
- TRT Terms: Container handling; Economic development; Logistics; Port operations
- Uncontrolled Terms: Granger causality test
- Geographic Terms: Ningbo (China)
- Subject Areas: Economics; Freight Transportation; Operations and Traffic Management; Planning and Forecasting; Terminals and Facilities; I10: Economics and Administration; I72: Traffic and Transport Planning;
Filing Info
- Accession Number: 01579568
- Record Type: Publication
- ISBN: 9780784479384
- Files: TRIS, ASCE
- Created Date: Oct 23 2015 9:46AM