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Modeling Freight Markets for Coal

Ubøe, Jan; Andersson, Jonas; Jörnsten, Kurt; Strandenes, Siri Pettersen
Journal article, Peer reviewed
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URI
http://hdl.handle.net/11250/298346
Date
2009
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  • Articles (FOR) [100]
Original version
Maritime Economics & Logistics 2009, 11(3):289-301   10.1057/mel.2009.10
Abstract
In this paper we study bulk shipping of coal between the central regions in the world. We compare the performance of cost-minimizing models with a gravity model approach. The main finding in the paper is that cost minimizing models provide relative poor fits to data. A simple one-parameter gravity model, however, provides very satisfactory fits to observed behavior.
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This is the author's version of the article.
 
Publisher
Palgrave Macmillan

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