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Academic Journal of Engineering and Technology Science, 2022, 5(4); doi: 10.25236/AJETS.2022.050404.

Analysis of Logistics Industry Demand Forecast in China

Author(s)

Shangchen Yang

Corresponding Author:
Shangchen Yang
Affiliation(s)

School of Economics and Management, Science and Technology College of Hubei University of Automotive Technology, Hubei, 442000, China

Abstract

The outbreak of covid2019 coronavirus disease has a certain impact on the development of logistics industry. This paper aims to find out the typical factors affecting the logistics demand before and after covid2019, and predict the logistics demand in the next decade. This paper selects the total amount of social logistics from 2010 to 2020 as the index to measure the logistics demand, analyzes the factors affecting the total amount of social logistics, and establishes a logistics demand prediction model based on multiple linear regression. The results show that the demand of social logistics is most closely related to the total cost of social logistics and the investment in fixed assets of the whole society, but weakly related to the total import and export. At the same time, this paper also forecasts the logistics demand in the next decade to provide decision support for relevant departments.

Keywords

Logistics demand; Multiple linear regression; Prediction model

Cite This Paper

Shangchen Yang. Analysis of Logistics Industry Demand Forecast in China. Academic Journal of Engineering and Technology Science (2022) Vol. 5, Issue 4: 18-22. https://doi.org/10.25236/AJETS.2022.050404.

References

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