E3S Web Conf.
Volume 292, 20212021 2nd International Conference on New Energy Technology and Industrial Development (NETID 2021)
|Number of page(s)||6|
|Section||Energy Storage Saving and New Energy Technology Development|
|Published online||09 September 2021|
A Study on the Prosperity Index and Cycle Measurement of China Air Cargo Transport
Planning and Research Institute, China Academy of Civil Aviation Science and Technology, Beijing, China
* Corresponding author: firstname.lastname@example.org
The business cycle of the Air cargo in China is investigated in this paper. Both the composite indicator (CI) and the diffusion indicator (DI) are derived and the benchmark date is determined. The composite index is synthesized by 10 indicators using correlation analysis and the method of NBER. Then the spectral method is adopted in use of the CI to identify the the major cycle of air cargo in China. By the CI, there is a major cycle with the length of 3,6 years. The major cycle of air cargo in China keeps pace with the the global trade fluctuation. The cycle of air cargo of China is compared with the United States, and the railway cargo of China. The author finds out that the major cycle of the air cargo is basically consistent with the USA in the same period. Combined with the prosperity index, it illustrates that the growth of air cargo in China will reach a peak in around 2021-2022, considering the growth of global trade and the leading prosperity index.
© The Authors, published by EDP Sciences, 2021
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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