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Swedish Freight Demand: Short, Medium, and Long Term Elasticities

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Author

Summary, in English

This paper explores empirical linkages between cycles and trends in freight transportation activity and real economic activity in Sweden. It decomposes freight demand into short-term, medium-term and long-term components and analyzes differences and similarities of the three time horizons. The finding is that freight demand is coupled with GDP over the long-term and that there are no signs of decoupling. Freight demand, furthermore, is highly volatile over the short to medium term and these fluctuations are largely an effect of temporary changes in imports and exports.

Publishing year

2012

Language

English

Pages

79-97

Publication/Series

Journal of Transport Economics and Policy

Volume

46

Document type

Journal article

Publisher

University of Bath

Topic

  • Economics

Keywords

  • freight demand
  • economic growth
  • business cycles

Status

Published

ISBN/ISSN/Other

  • ISSN: 0022-5258