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Dynamic analysis of product lifecycle and sea/air modal choice: evidence of export from Japan

Here, we test the hypothesis that commodities at their peak valuation are transported by air, while those at their inception and maturity are shipped by sea, as well as the theory that shippers choose air to transport high-valued commodities. We empirically investigated how the product lifecycle of commodities is reflected by shippers’ choices of air over seaborne transportation. We also assumed that commodities that achieved substantial innovation in their lifecycles would be moved by air transportation so that these commodities could reach targeted markets as quickly as possible to avoid the opportunity costs that might be generated by missed business chances. We constructed two sets of unbalanced panel data of 14 commodities for 24 years drawn from Japan’s customs, demographic, and international statistics. By estimating structural equation systems that consisted of commodity-specific export and export air ratio functions, we found that the product lifecycle of cargo outgoing from Japan exactly matched the upward and downward movement of the air ratio.

Ketersediaan
#
IPC Corporate University Library ATC LO MAT d C.1
ATC1601462
Tersedia
Informasi Detail
Judul Seri
The Asian Journal of Shipping and Logistics
No. Panggil
ATC LO MAT d
Penerbit
Japan : Elsevier.,
Deskripsi Fisik
16 p .
Bahasa
English
ISBN/ISSN
-
Klasifikasi
LO
Tipe Isi
-
Tipe Media
-
Tipe Pembawa
online resource
Edisi
Volume 30 Number 3 December 2014
Subjek
Modal choice
Product lifecycle
Structural Equations
Info Detail Spesifik
-
Pernyataan Tanggungjawab
Versi lain/terkait
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