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Publication date: 9 June 2021

Tomoya Kawasaki, Takuma Matsuda, Yui-yip Lau and Xiaowen Fu

In the maritime industry, it is vital to have a reliable forecast of container shipping demand. Although indicators of economic conditions have been used in modeling container…

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Abstract

Purpose

In the maritime industry, it is vital to have a reliable forecast of container shipping demand. Although indicators of economic conditions have been used in modeling container shipping demand on major routes such as those from East Asia to the USA, the duration of such indicators’ effects on container movement demand have not been systematically examined. To bridge this gap in research, this study aims to identify the important US economic indicators that significantly affect the volume of container movements and empirically reveal the duration of such impacts.

Design/methodology/approach

The durability of economic indicators on container movements is identified by a vector autoregression (VAR) model using monthly-based time-series data. In the VAR model, this paper can analyze the effect of economic indicators at t-k on container movement at time t. In the model, this paper considers nine US economic indicators as explanatory variables that are likely to affect container movements. Time-series data are used for 228 months from January 2001 to December 2019.

Findings

In the mainland China route, “building permission” receives high impact and has a duration of 14 months, reflecting the fact that China exports a high volume of housing-related goods to the USA. Regarding the South Korea and Japan routes, where high volumes of machinery goods are exported to the USA, the “index of industrial production” receives a high impact with 11 and 13 months’ duration, respectively. On the Taiwan route, as several types of goods are transported with significant shares, “building permits” and “index of industrial production” have important effects.

Originality/value

Freight demand forecasting for bulk cargo is a popular research field because of the public availability of several time-series data. However, no study to date has measured the impact and durability of economic indicators on container movement. To bridge the gap in the literature in terms of the impact of economic indicators and their durability, this paper developed a time-series model of the container movement from East Asia to the USA.

Details

Maritime Business Review, vol. 7 no. 4
Type: Research Article
ISSN: 2397-3757

Keywords

Open Access
Article
Publication date: 22 November 2022

Chunlan Li, Xinwu Xu, Hongyu Du, Debin Du, Walter Leal Filho, Jun Wang, Gang Bao, Xiaowen Ji, Shan Yin, Yuhai Bao and Hossein Azadi

The paper aims to investigate the possible changes in mean temperature in the Mongolian Plateau associated with the 1.5 and 2°C global warming targets and how snow changes in the…

Abstract

Purpose

The paper aims to investigate the possible changes in mean temperature in the Mongolian Plateau associated with the 1.5 and 2°C global warming targets and how snow changes in the Mongolian Plateau when the mean global warming is well below 2°C or limited to 1.5°C.

Design/methodology/approach

In total, 30 model simulations of consecutive temperature and precipitation days from Coupled Model Inter-comparison Project Phase 5 (CMIP5) are assessed in comparison with the 111 meteorological monitoring stations from 1961–2005. Multi-model ensemble and model relative error were used to evaluate the performance of CMIP5 models. Slope and the Mann–Kendall test were used to analyze the magnitude of the trends and evaluate the significance of trends of snow depth (SD) from 1981 to 2014 in the Mongolian Plateau.

Findings

Some models perform well, even better than the majority (80%) of the models over the Mongolian Plateau, particularly HadGEM2-CC, CMCC-CM, BNU-ESM and GFDL-ESM2M, which simulate best in consecutive dry days (CDD), consecutive wet days (CWD), cold spell duration indicator (CSDI) and warm spell duration indicator (WSDI), respectively. Emphasis zones of WSDI on SD were deeply analysed in the 1.5 and 2 °C global warming period above pre-industrial conditions, because it alone has a significant negative relation with SD among the four indices. It is warmer than before in the Mongolian Plateau, particularly in the southern part of the Mongolian Plateau, indicating less SD.

Originality/value

Providing climate extremes and SD data sets with different spatial-temporal scales over the Mongolian Plateau. Zoning SD potential risk areas and proposing adaptations to promote regional sustainable development.

Details

International Journal of Climate Change Strategies and Management, vol. 14 no. 5
Type: Research Article
ISSN: 1756-8692

Keywords

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