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

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 maj...

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Main Authors: Capistrano, Fritz, Panganiban, Joseph
Format: text
Language:English
Published: Animo Repository 2006
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Online Access:https://animorepository.dlsu.edu.ph/etd_bachelors/7117
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Institution: De La Salle University
Language: English
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spelling oai:animorepository.dlsu.edu.ph:etd_bachelors-77612021-07-24T02:49:58Z Determinants of the demand function for the Philippine containerized domestic shipping industry to five Asian countries Capistrano, Fritz Panganiban, Joseph 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. 2006-01-01T08:00:00Z text https://animorepository.dlsu.edu.ph/etd_bachelors/7117 Bachelor's Theses English Animo Repository Containerization Shipping industry--Philippines Cargo handling
institution De La Salle University
building De La Salle University Library
continent Asia
country Philippines
Philippines
content_provider De La Salle University Library
collection DLSU Institutional Repository
language English
topic Containerization
Shipping industry--Philippines
Cargo handling
spellingShingle Containerization
Shipping industry--Philippines
Cargo handling
Capistrano, Fritz
Panganiban, Joseph
Determinants of the demand function for the Philippine containerized domestic shipping industry to five Asian countries
description 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.
format text
author Capistrano, Fritz
Panganiban, Joseph
author_facet Capistrano, Fritz
Panganiban, Joseph
author_sort Capistrano, Fritz
title Determinants of the demand function for the Philippine containerized domestic shipping industry to five Asian countries
title_short Determinants of the demand function for the Philippine containerized domestic shipping industry to five Asian countries
title_full Determinants of the demand function for the Philippine containerized domestic shipping industry to five Asian countries
title_fullStr Determinants of the demand function for the Philippine containerized domestic shipping industry to five Asian countries
title_full_unstemmed Determinants of the demand function for the Philippine containerized domestic shipping industry to five Asian countries
title_sort determinants of the demand function for the philippine containerized domestic shipping industry to five asian countries
publisher Animo Repository
publishDate 2006
url https://animorepository.dlsu.edu.ph/etd_bachelors/7117
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