Table 3 Regression model (monthly) of container transportation volumes in China and Finland route, where foreign trade is used as variable in overall but also in export and import (observation period: Jan 2016 to Dec 2021)
From: Drivers of railway container transports between China and Finland
Regression statistics | |
|---|---|
Multiple R | 0.867 |
R square | 0.751 |
Adjusted R square | 0.706 |
Standard error | 1,972,533 |
Observations | 72 |
ANOVA | |||||
|---|---|---|---|---|---|
df | SS | MS | F | Significance F | |
Regression | 11 | 7.05953E + 14 | 6.42E + 13 | 16.49 | 2.63801E-14 |
Residual | 60 | 2.33453E + 14 | 3.89E + 12 | ||
Total | 71 | 9.39406E + 14 | |||
Coefficients | SE | t stat | P-value | |
|---|---|---|---|---|
Intercept | − 1,291,942.87 | 4,298,124.13 | − 0.301 | 0.765 |
BDI | 2104.03 | 624.95 | 3.367 | 0.001 |
Sea port (TEU) | 139.46 | 101.76 | 1.370 | 0.176 |
Helsinki (TEU) | − 100.42 | 148.32 | − 0.677 | 0.501 |
HaminaKotka (TEU) | − 116.53 | 130.69 | − 0.892 | 0.376 |
Covid (cases) | 22.89 | 51.05 | 0.448 | 0.656 |
Covid (tests) | 7.60 | 2.50 | 3.047 | 0.003 |
Covid (deaths) | 15,629.20 | 8836.36 | 1.769 | 0.082 |
Chinese trade (total) | − 0.61 | 0.32 | − 1.898 | 0.063 |
Chinese exports | 0.60 | 0.32 | 1.844 | 0.070 |
Chinese imports | 0.60 | 0.32 | 1.866 | 0.067 |
Brent (oil) price | 41,827.69 | 29,594.98 | 1.413 | 0.163 |