Industry economic relationships
Monday, June 8th, 2009The modeling framework of economic activity models (integrated modeling of the economy, land use, and freight demand) is often referred to as a spatial input-output model. A spatial I-O model involves an economic component that defines household and economic activity and industry economic relationships in the region. A land use component that distributes household and economic activity across zones and a spatial transportation component that defines the links and nodes of the network connecting the zones, and finally computes transportation flows on the network. All of these components are integrated together for freight flow forecasting. Next, shipping quote and freight quote data.