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Estimation of Demand for Transportation of Agricultural Commodities
Author(s) -
Miklius Walter,
Garrod Peter V.,
Casavant Kenneth L.
Publication year - 1976
Publication title -
american journal of agricultural economics
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.949
H-Index - 111
eISSN - 1467-8276
pISSN - 0002-9092
DOI - 10.2307/1238972
Subject(s) - econometrics , estimation , sample (material) , logit , agriculture , economics , logistic regression , agricultural economics , mixed logit , statistics , mathematics , geography , chemistry , archaeology , management , chromatography
A logit model is used to estimate the elasticities and cross elasticities for freight transport services. The model is applied to a sample of cherry and apple shipments. The performance of the model in explaining choice of transportation method is highly satisfactory. Estimated coefficients, with one exception, have expected signs and are statistically significant.