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Forecast Model of Comprehensive Transport Freight Index Considering Macro Economy in China

  • 2022
  • OriginalPaper
  • Chapter
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Abstract

The chapter delves into the significance of the transportation industry in China's economic development, highlighting the need for an efficient transportation system. It reviews existing studies on the relationship between economic growth and transportation, focusing on the impact of various transportation modes on GDP. The authors propose a forecast model for China's comprehensive transport freight index, considering macroeconomic factors. The model involves selecting and analyzing key indicators, constructing a freight indicator system, and establishing a Vector Auto-Regression (VAR) model to predict freight indices. The model's validity is demonstrated through a comparison of forecasted and actual values, showing promising results. This comprehensive approach provides valuable insights into the future trends of China's integrated transportation system, supporting policy-making for national economic development.

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Title
Forecast Model of Comprehensive Transport Freight Index Considering Macro Economy in China
Authors
Yanli Ma
Jieyu Zhu
Yining Lou
Copyright Year
2022
Publisher
Springer Singapore
DOI
https://doi.org/10.1007/978-981-16-5429-9_16
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