한국항만경제학회지 (Journal of Korea Port Economic Association)
- 제19권2호
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- Pages.55-67
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- 2003
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- 1225-3855(pISSN)
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- 2714-1330(eISSN)
해상물동량과 항만의 처리능력
Marine Freight Transportation and Cargo Handling Capacity of Ports
초록
The purpose of this study is to estimate and forecast the marine trading volumes based on the structural model. We employ GPH cointegration test since the structural model must be stationary to get the accurate predicted values. The empirical results show that our model is stationary. This paper also applies variance decompositions and impulse-response functions to the structural model composed of exchange rate, domestic industrial activity, and world business. The results indicate that while both loading and unloading volumes respond positively to the shocks in income and then decay very slowly, their responses are different to the shocks in exchange tate.