Future Research for Financing of the Railway ...
Transcript of Future Research for Financing of the Railway ...
Future Research for Financing of the Railway Transportation
Infrastructure Project (Golgohar Mine)
Mahla Afsharpour∗
Abstract Objective: Sirjan city has increased the economic importance of Kerman province. Sirjan is
the main transit point for goods to eastern Iran, as well as Europe and the Persian Gulf and
the return route of all commercial goods is from Shahid Rajaei port of Hormozgan to Central
Asian countries, Caucasus and Russia. This city has a significant role and position as a
special economic hub based on the advantages of docking, in the economic structure of
Kerman province and in the future, the importance of this economic position will increase.
Also, Golgohar mining region with iron ore rich mines as one of the most important active
mining and industrial hubs in the Middle East, has many potentials to become a large and
competitive region in Iran and even in the world. Golgohar Mining and Industrial Company,
as one of the main players in the region, with a production capacity of 8.5 million tons of
concentrate and 5 million tons of pellets, has highlighted its role in the country's steel
industry and as a special economic hub based on the advantages of docking, it has a
significant role and position in the economic structure of Kerman province. also in the future,
the importance of this economic position will increase. Whereas the role of transport in
economic development and the creation of incentives to increase investment in this regard is
undeniable; The process of selecting different transportation systems and combining them
with each other is an important matter in planning the optimal development of Kerman
province, because in the absence of the necessary information, transportation decisions
regarding the existing demand are made based on experience.
Methods: In this study, demand function of carrying minerals in the rail transportation
system of Golgohar mine estimated with econometrics technique and panel data model during
the period 2011-2017. And while introducing the factors affecting the demand for mineral
transportation by rail, using the neural network, the future trend of demand for rail
transportation of minerals has been predicted.
Findings: The results indicate, value added of the mining sector, tonnage cargo of cargo road
transported , cost of freight by train and cargo revenue are the most important variables and
they have significant impact and effective on the demand for rail transportation of Golgohar
minerals. The inelasticity of the demand for rail transportation of minerals in relation to
freight costs by train was also confirmed in this study. Variables not only affect demand for
rail transportation, but also a significant impact on the income of producers, industrialists,
Journal of Development and Capital, Vol. 6, No.1, Ser. 10, 81-102. ∗ Corresponding Author, Ph.D Student of Economic, Sahid Bahonar University of Kerman, Kerman, Iran.
(Email: [email protected]). Submitted: 15 June 2021 Accepted: 5 September 2021
Publisher: Faculty of Management & Economics, Shahid Bahonar University of Kerman.
DOI: 10.22103/jdc.2021.17744.1138 ©The Authors.
Abstract
railroad and eventually to consumer prices. Because minerals as a factor in generating
transportation costs has a high share in the cost price.
Conclusion: Care should be taken to determine the choice of shipping method according to
the time. Therefore, due to the lack of rail facilities and side lines in all areas of demand, at
present, only the proposed solutions can be satisfied in the short term.
Keywords: Demand, Transportation, Golgohar Mine.
JEL Classification: E61, O16, R41.
Paper Type: Research Paper.
Citition: Afsharpour, M. (2021). Future research for financing of the railway transportation
infrastructure project (Golgohar mine). Journal of Development and Capital, 6(1), 81-102 [In
Persian].
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