Korea Trade Review (무역학회지)

Korea Trade Research Association (한국무역학회)
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The dynamic causal relationship between transportation modes and industrial structure

운송수단과 산업구조 간 동태적 인과관계 분석

  • Min-Ju Song (Department of International Economics and Business, Yeungnam University) ;
  • Hee-Yong Lee (Department of International Economics and Business, Yeungnam University)
  • Received : 2021.10.01
  • Accepted : 2021.10.28
  • Published : 2021.10.30
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Abstract

The main purpose of this study is to analyze the causal relationship between import-export goods and transportation modes. To this end, five major commodity groups were selected from 2010 to 2018 such as Machinery and transport equipment (SITC 7), manufactured goods classified chiefly by material (SITC 6), chemicals and related products, n.e.s. (SITC 5), mineral, fuels, lubricants, and related materials (SITC 3), and miscellaneous manufactured articles (SITC 8). And using the panel VECM, the difference between transportation modes such as ports and airports was compared and analyzed through panel granger causality, Impulse response function, Forecasting error variance decomposition. As a result, it is confirmed that the causal relationship between major product groups and transportation modes showed different causal relationships depending on the characteristics of port and air transportation.

Keywords

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