MATEC Web Conf.
Volume 100, 201713th Global Congress on Manufacturing and Management (GCMM 2016)
|Number of page(s)||8|
|Section||Part 5: Management Engineering|
|Published online||08 March 2017|
A Price Index Model for Road Freight Transportation and Its Empirical analysis in China
School of Traffic and Transportation, Beijing Jiaotong University, Beijing, China
The aim of price index for road freight transportation (RFT) is to reflect the changes of price in the road transport market. Firstly, a price index model for RFT based on the sample data from Alibaba logistics platform is built. This model is a three levels index system including total index, classification index and individual index and the Laspeyres method is applied to calculate these indices. Finally, an empirical analysis of the price index for RFT market in Zhejiang Province is performed. In order to demonstrate the correctness and validity of the exponential model, a comparative analysis with port throughput and PMI index is carried out.
Key words: Logistics / road freight transportation / price indices / Laspeyres method
© The Authors, published by EDP Sciences, 2017
This is an Open Access article distributed under the terms of the Creative Commons Attribution License 4.0, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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