@article{Peterson:208177,
      recid = {208177},
      author = {Peterson, Steven},
      title = {Factors Influencing Inter-Modal Facility Location  Decisions: Comparison of Different Empirical Estimation  Procedures},
      address = {2005-03},
      number = {1426-2016-118497},
      pages = {22},
      year = {2005},
      abstract = {This study examines several different empirical models of  inter-modal terminal characteristics using a
combination of  available data from the Surface Transportation Board  waybill survey and Oak Ridge
National Laboratories national  freight transportation database in the estimation process.  Empirical models
included ordinary least squares,  fixed-effects models, and random effects models. The data  also presented
issues of heteroskedasticity and  autoregressive processes which are addressed in the paper.  Due to the
spatial context of the intermodal facilities,  the data was also evaluated for spatial interactions  and
autocorrelation. Substantial evidence of underlying  spatial relationships in the data were observed and
noted.  The results of this analysis identify those empirical  variables and characteristics that contribute to
the  economic and operational sustainability of inter-modal  facilities, and the relative importance of each
factor.  These assessments may then be used to evaluate  infrastructure investment decisions, particularly by
public  entities. This methodology offers an unbiased framework for  identifying and evaluating public and
private benefits  resulting from such investments, and serves as a guide for  transportation policy involving
inter-modal freight.},
      url = {http://ageconsearch.umn.edu/record/208177},
      doi = {https://doi.org/10.22004/ag.econ.208177},
}