An Approach to the Hub-and-Spoke Systems from SVARs Models. A Practical Application to Container Traffic between the Port of Bahía de Algeciras and Other Ports of the Spanish Port System (Bahía de Cádiz and Las Palmas)
The hub-and-spoke systems are frequently connected with maritime, air and road transport. The international container traffic in maritime transport is developed under this model. For a port to achieve a “Hub Status” in maritime container transport, its traffic should exceed 1,000,000 tons per year and be provided with the necessary equipment to use simultaneously three post-panamax cranes for a new-generation vessel. Huge container vessels dock only at Hub ports and international shipping companies transfer their containers from these ports to their round the world and feeder 1 lines.
KeywordsMonetary Policy Impulse Response Function Transport Infrastructure Cholesky Factor Feeder Line
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