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A platform for research: civil engineering, architecture and urbanism
Functional forms and aggregate U.S. domestic air cargo demand: 1950–1977
Abstract Empirical demand functions for U.S. domestic air cargo, passenger/cargo and all-cargo activity are constructed and estimated with time series data from 1950 to 1977. The Box-Cox transformation technique is used to choose the generalized functional form for the air cargo demand functions. The empirical results suggest that neither a linear nor log form is appropropriate for the passenger/cargo demand function in this sample period, according to the Box-Cox maximum likelihood criteria. Also the implications of choosing alternative functional forms for long-term forecasts are also discussed.
Functional forms and aggregate U.S. domestic air cargo demand: 1950–1977
Abstract Empirical demand functions for U.S. domestic air cargo, passenger/cargo and all-cargo activity are constructed and estimated with time series data from 1950 to 1977. The Box-Cox transformation technique is used to choose the generalized functional form for the air cargo demand functions. The empirical results suggest that neither a linear nor log form is appropropriate for the passenger/cargo demand function in this sample period, according to the Box-Cox maximum likelihood criteria. Also the implications of choosing alternative functional forms for long-term forecasts are also discussed.
Functional forms and aggregate U.S. domestic air cargo demand: 1950–1977
Wang, G.H.K. (author) / Maling, W. (author) / McCarthy, E. (author)
Transportation Research Part A: General ; 15 ; 249-256
1980-04-22
8 pages
Article (Journal)
Electronic Resource
English
Functional forms and aggregate U.S. domestic air cargo demand: 1950–1977
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