Authors :
KiriromCheav
Volume/Issue :
Volume 6 - 2021, Issue 11 - November
Google Scholar :
http://bitly.ws/gu88
Scribd :
https://bit.ly/3m1WWV9
Abstract :
The significantly increased demand for
container throughput and cargo traffic volume
transported in Cambodia has improved and accelerated
the port output advancement and the development of new
terminal. The main objective of this research is to
investigate the long-run and short-run relationships, as
well as to identify the influences on Cambodian combined
international ports’ container throughput.The researcher
collected the yearly data (1992 - 2017) from reliable and
official sources of PAS and PPAP ports, IMF, WB, and
MOC, and additionally interviewed with port authorities,
port operators, and qualified stakeholders. The
econometric approaches of The Unit Roots Test, Johansen
Test of Cointegration, VECM, and Test for Stability are
performed and applied in the analysis on the time series
data between container throughput as the dependent
variable and independent variables such as number of
ship call, export, import, and GDP per capita. The
estimation result confirmed and explained the effect of
long-run relationships between container throughput and
number of ship call, export, import, and GDP per capita
for one rank of vector cointegration. That means all the
factors move together to explain the changing demand for
container throughput of Cambodia’s ports in the long-run
equilibrium. The number of ship call and export has a
significantly positive impact. Alternatively, the import and
GDP per capita shows a statistically significant and
relatedly negative influence on container throughput.
Nevertheless, it is crucial to disclose the estimation
resultfrom the VECM did not find a short-run
relationship. That means, in the short-run equilibrium, the
affecting factors did not move together to demonstrate the
change of container throughput demand. It is crucial for
policy implication for government, port authorities, etc.
The best attentive insights, measures and actions would
help manage and achieve the growing container
throughput demand, yielding fruitful results in output and
performance of the port through the planning, developing
and building new ports, port facilities, infrastructures, and
terminals etc. Furthermore, the findings have also
contributed to closing the previously identified study gap.
Because the model and analysis on container throughput
has encouraged the export activities and domestic
productions and stimulated growth of economy, as well as
in order to propose and develop the maritime transport
strategic policy and development for Cambodia to support
the higher demand of ports throughput in the future.
Keywords :
Time Series, Econometrics, Vector ErrorCorrection Model, Maritime Transport, Container Throughput and Ports
The significantly increased demand for
container throughput and cargo traffic volume
transported in Cambodia has improved and accelerated
the port output advancement and the development of new
terminal. The main objective of this research is to
investigate the long-run and short-run relationships, as
well as to identify the influences on Cambodian combined
international ports’ container throughput.The researcher
collected the yearly data (1992 - 2017) from reliable and
official sources of PAS and PPAP ports, IMF, WB, and
MOC, and additionally interviewed with port authorities,
port operators, and qualified stakeholders. The
econometric approaches of The Unit Roots Test, Johansen
Test of Cointegration, VECM, and Test for Stability are
performed and applied in the analysis on the time series
data between container throughput as the dependent
variable and independent variables such as number of
ship call, export, import, and GDP per capita. The
estimation result confirmed and explained the effect of
long-run relationships between container throughput and
number of ship call, export, import, and GDP per capita
for one rank of vector cointegration. That means all the
factors move together to explain the changing demand for
container throughput of Cambodia’s ports in the long-run
equilibrium. The number of ship call and export has a
significantly positive impact. Alternatively, the import and
GDP per capita shows a statistically significant and
relatedly negative influence on container throughput.
Nevertheless, it is crucial to disclose the estimation
resultfrom the VECM did not find a short-run
relationship. That means, in the short-run equilibrium, the
affecting factors did not move together to demonstrate the
change of container throughput demand. It is crucial for
policy implication for government, port authorities, etc.
The best attentive insights, measures and actions would
help manage and achieve the growing container
throughput demand, yielding fruitful results in output and
performance of the port through the planning, developing
and building new ports, port facilities, infrastructures, and
terminals etc. Furthermore, the findings have also
contributed to closing the previously identified study gap.
Because the model and analysis on container throughput
has encouraged the export activities and domestic
productions and stimulated growth of economy, as well as
in order to propose and develop the maritime transport
strategic policy and development for Cambodia to support
the higher demand of ports throughput in the future.
Keywords :
Time Series, Econometrics, Vector ErrorCorrection Model, Maritime Transport, Container Throughput and Ports
