Determinants of the demand function for the Philippine containerized domestic shipping industry to five Asian countries

Date of Publication

2006

Document Type

Bachelor's Thesis

Degree Name

Bachelor of Arts Major in Economics

Subject Categories

Economics

College

School of Economics

Department/Unit

Economics

Defense Panel Chair

Cesar Rufino

Defense Panel Member

Gerardo Largoza
Angeli Taningco

Abstract/Summary

Containerized cargo is fast becoming the new trend for shipping cargo in the Philippines. Economical, easy handling and safety of the commodities transported from port to port were reasons for this progress. This type of packaging offers lower freight costs and greater throughput which served as major encouragement for shippers and shipping companies to containerize. This paper examines the determinants of the demand for this type of packaging focusing on five major trading partners of the country, for the period of 1980-2004. This paper also evaluates the own-price elasticity, cross-price elasticity and export-price elasticity of demand. It is found that the major trading partners of the Philippines, responds mainly to the export-price elasticity of demand. Few of these trading partners respond to the own-price elasticity and cross-price elasticity of demand. In addition, the foreign exchange rate variable was found to be significant to some of the trading partners and insignificant to some. Lastly, the presidential administration dummy variables were found to be insignificant to the demand for this type of packaging.

Abstract Format

html

Language

English

Format

Print

Accession Number

TU14312

Shelf Location

Archives, The Learning Commons, 12F, Henry Sy Sr. Hall

Physical Description

82 leaves, illustrations, 28 cm.

Keywords

Unitized cargo systems; Containerization--Philippines; Shipping--Philippines; Cargo handling

Embargo Period

3-19-2021

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